Vanguard Intermediate-Term Investment Grade has a well-structured process and benefits from ultralow fees, making it a sensible candidate for conservative corporate bond exposure. The strategy’s cheaper Admiral share class earns a Morningstar Analyst Rating of Bronze, while its Investor share class is rated Neutral.
Will VFIDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VFIDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VFIDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VFIDX’s parent organization’s priorities and whether they’re in line with investors’ interests.