Vanguard High-Yield Corporate Investor (VWEHX) a Zacks Rank #1 (Strong Buy) seek a high level of interest income. The fund invests in high-yield corporate bonds, or 'junk bonds,' which pay high interest rates because they are considered to carry greater risk of default than bonds with higher credit ratings.
The Vanguard High-Yield Corporate Investor fund, managed by Vanguard Group, carries an expense ratio of 0.23%. Moreover, VWEHX requires a minimal initial investment of $3,000.
VWEHX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 0.1%, 3 year 3.3% and 5 year 5.5%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
VWEHX’s performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year, top 6% over the past 3 years, and in the 6% over the past 5 years.
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Zacks Investment Research