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发帖数: 7404 | 1 "In this prolonged low-rate environment, we continue to see investors turn
to high-yielding alternatives—including money market fund holders moving to
bond funds, U.S. Treasury bond fund holders moving to high-yield corporate
funds, and bond fund holders moving to dividend-paying stock funds. And we'
ve cautioned investors accordingly about reaching for yield," said Vanguard
CEO Bill McNabb.
"The flows into the High-Yield Corporate Fund have been particularly acute,
so we're taking these proactive steps to preserve the ability of the advisor
to manage the fund effectively and protect the interests of existing
shareholders," he explained. Wellington Management Company, LLP has been the
fund's investment advisor since the fund's inception in 1978.
https://institutional.vanguard.com/VGApp/iip/site/institutional/
researchcommentary/article/NewsHighYieldCorp |
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