cute fuzzy bunny
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I'm not sure I understand this, but vanguard is changing its corporate bond fund names from "corporate" to "investment grade". Apparently a new rule requires that if a fund says whats in it, it has to have 80%+ of that in it; previously it was 65%.
The fund manager says he wants the flexibility to buy treasury and agency bonds of the valuations on those are good.
Now...if I bought the damn corporate bond fund, dont you suppose its because I want to own corporate bonds, and if I wanted a mix, dont you suppose I'd have bought the generic mixed index?!?
The fund manager says he wants the flexibility to buy treasury and agency bonds of the valuations on those are good.
Now...if I bought the damn corporate bond fund, dont you suppose its because I want to own corporate bonds, and if I wanted a mix, dont you suppose I'd have bought the generic mixed index?!?