New Vanguard Core Bond Fund

[Focus]

As usual, the Oblivious Investor provides great insights:

Evaluating Vanguard’s New Core Bond Fund

His bottom line:

In other words, if I were to buy the fund, it would be as a low-cost way to bet on the managers’ ability to exclude specific bonds that will underperform (e.g., due to credit troubles) rather than as a way to bet on somebody’s ability to predict interest rates. But personally, I’d prefer to just stick with my index funds rather than make any such bets.

 

[foxfirev5]

As usual, the Oblivious Investor provides great insights:

Evaluating Vanguard’s New Core Bond Fund

His bottom line:

I'm afraid they are right. Personally I own Pimco Income Fund PIMIX, Doubleline Total Return DBLTX and Vanguard Total Bond VBMPX. In the end I bet it all averages out.