Vanguard Moves One-Third of High-Yield Corporate Fund Internally Away from Wellington
Posted on 08/29/2022
Vanguard Group has shifted management of one-third of the assets of its Vanguard High-Yield Corporate Fund to its internal fixed-income group from Wellington Management Company, which will continue to manage the remaining two-thirds of the fund’s assets. Vanguard’s High-Yield Corporate Fund had US$ 25.4 billion in total net assets as of July 31, 2022 according…