A New Vanguard Fund On Our Radar
Vanguard Core Bond Fund may be young, but its experienced management team and low expenses make us optimistic about the future, says Morningstar's Emory Zink.
Emory Zink: While renowned for its indexing execution, Vanguard has also evolved into a firm with a wide range of resources that lend it advantages in the actively managed space. On our radar is Vanguard Core Bond Fund (VCORX)--a member of the open-end intermediate-term bond category. Incepted earlier this year, the fund has a short track record, but there are ample reasons to follow its progress.
First, each of the three named portfolio managers have spent more than a decade at Vanguard and are supported by the firm's deep credit analyst, risk analysis, and economic research teams.
Emory Zink does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.