A carefully planned leadership transition; an experienced team employing a time-tested, risk-aware process; and low fees support Vanguard Wellesley Income's Morningstar Analyst Rating of Gold.
Will VWIAX 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 VWIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VWIAX 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 VWIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.