Vanguard High-Yield Corporate Fund Investor Shares
FundVWEHXNASDAQAbout
The Vanguard High-Yield Corporate Fund invests in a diversified collection of corporate debt securities, often referred to as "junk bonds," which are typically of medium or lower credit quality. Launched in 1978, this fund employs a strategy focused on acquiring what its advisor considers the higher-quality bonds within this speculative category. This selective method aims to generate consistent income for investors while striving to minimize the potential for defaults and capital erosion. Despite being a fixed-income product, high-yield bonds are known to exhibit price fluctuations comparable to those found in the stock market. Consequently, this fund may be a suitable addition to an already well-diversified investment portfolio. It's important to note that the Vanguard High-Yield Corporate Fund is a distinct and standalone offering, separate from the Vanguard High-Yield Active ETF (VGHY). Due to differences in their operational scale, appointed sub-advisors, specific investment processes, and underlying security selections, these two offerings are expected to deliver differing investment returns.
Key Facts
52-Week Range
Performance
Sector Exposure
- Cash & Others99.35%
- Financial Services0.63%
- Real Estate0.02%
Top Holdings
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| — | RBC TRIPARTY MTGE 06/01/2026 | 1.16% | $295.30M |
| — | MKTLIQ 12/31/2049 | 0.76% | $194.84M |
| — | United States Treasury Note/Bond 2.75% 07/31/2027 | 0.64% | $164.04M |
| — | United States Treasury Note/Bond 3.50% 04/30/2028 | 0.64% | $163.97M |
| CRARF | CREDIT AGRICOLE TRIPARTY TSY 06/01/2026 | 0.63% | $160.50M |
| — | Ingram Micro Inc 4.75% 05/15/2029 | 0.61% | $154.95M |
| — | NOM TSY FICC 06/01/2026 | 0.47% | $120.00M |
| — | United States Treasury Note/Bond 3.38% 11/30/2027 | 0.46% | $118.46M |
| — | 1261229 BC Ltd 10.00% 04/15/2032 | 0.46% | $118.18M |
| — | 1011778 BC ULC / New Red Finance Inc 4.00% 10/15/2030 | 0.46% | $117.53M |
| — | CCO Holdings LLC / CCO Holdings Capital Corp 4.25% 02/01/2031 | 0.46% | $117.42M |
| — | CCO Holdings LLC / CCO Holdings Capital Corp 4.50% 05/01/2032 | 0.45% | $114.42M |
| — | Meridian Arc Holdco LLC 6.25% 04/30/2031 | 0.44% | $111.91M |
| — | JPM TRIPARTY TREAS FICC 06/01/2026 | 0.41% | $105.00M |
| — | United States Treasury Note/Bond 3.88% 07/31/2027 | 0.40% | $102.29M |
| — | SS&C Technologies Inc 5.50% 09/30/2027 | 0.40% | $101.43M |
| — | EMRLD Borrower LP / Emerald Co-Issuer Inc 6.63% 12/15/2030 | 0.40% | $101.23M |
| — | McAfee Corp 7.38% 02/15/2030 | 0.38% | $97.74M |
| — | Cloud Software Group Inc 6.50% 03/31/2029 | 0.36% | $91.61M |
| — | WULF Compute LLC 7.75% 10/15/2030 | 0.36% | $90.83M |
| — | Nokia of America Corp 6.45% 03/15/2029 | 0.35% | $89.70M |
| — | JPM TRIPARTY TREASURY 06/01/2026 | 0.35% | $89.50M |
| — | ZF North America Capital Inc 7.50% 03/24/2031 | 0.34% | $87.14M |
| — | Acrisure LLC / Acrisure Finance Inc 4.25% 02/15/2029 | 0.34% | $86.07M |
| — | Clearway Energy Operating LLC 3.75% 02/15/2031 | 0.34% | $86.05M |