Caller: Why did you eliminate the Vanguard High Yield Fund from your newsletter Model Portfolio? Was that a call on the fund or something else?
Kirk Lindstrom's Comment: That is odd. In the October 2012 Marketimer, Brinker shows VWEHX with a yield of 4.8% but the chart above shows the yield at about 6% and Google also shows the yield at over 6%.
Checking Vanguard's website, I find the following yields as of 11/12/12:
- High-Yield/Junk Bond Fund = VWEHX @ 4.73%
- Lower cost Admiral shares = VWEAX @ 4.83%
- (Current price charts at VWEHX)
EC (David Korn): :The Vanguard High Yield Corporate Fund closed to new investors in May, 2012 because so much money had flowed into it in the prior six months (more than $2 billion). The move did not limit current investors in the fund to contributing more, and if you are a cline of the Vanguard Asset Management Services or Vanguard Flagship Services, you can invest in it. Learn more at this url: http://tinyurl.com/avn6xta
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