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Changes at Vanguard, but Our Confidence Remains

We downgraded two bond funds after personnel changes at Vanguard, but we will continue our review process as Greg Nassour's replacement is named.

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Christine Benz: Hi, I'm Christine Benz for Vanguard has recently seen some personnel changes in its fixed-income effort, and that has some implications for fundholders. Joining me to discuss the changes and discuss the implications are two of Morningstar's fixed-income manager research analysts, Emory Zink and Alaina Bompiedi.

Ladies, thank you so much for being here.

Emory Zink does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.