Katsmeow
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 11, 2009
- Messages
- 5,308
I am considering buying either Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) or Admiral Shares (VWEAX).
I know that these funds were recently closed. However, as a flagship customer I can buy them. We are unlikely to be flagship customers after the end of this quarter so it is either buy the fund now or never buy it (unless it reopens). Ideally, I would buy an amount somewhere between the minimum $3000 VWEHX investment and the $50,000 VWEAX investment. The thing is that the expense ratio is .13 for VWEHX versus .23 for VWEAX. I'm not sure that it is worth buying more than I would prefer to buy just to get the lower expense ratio. But would appreciate any thoughts.
Our portfolio:
Vanguard Short-Term Investment-Grade Fund Admiral - VFSUX - 19%
Vanguard Total Bond Market Index Fund Admiral - VBTLX - 15%
Vanguard Total International Stock Index Fund Admiral - VTIAX - 8%
Vanguard Total Stock Market Index Fund Admiral - VTSAX - 14%
Vanguard Wellesley Income Fund Admiral - VWIAX - 14%
Dreyfus S&P 500 Index Fund - PEOPX - 27%
Cash - 2%
I don't love the Dreyfus S&P 500 fund, but that is my 401(k) with my current employer.
We use the Short-Term Investment Grade Fund for regular withdrawals from DH's IRA and if we bought any of VWEHX or VWEAX it would likely come from VFSUX as I have a bit more in it now than I would prefer. We have generally maintain a 55%/45% allocation.
I am inclined to just go ahead and buy a small amount -- maybe 5% of total portfolio -- of VWEHX which would drop VFSUX to 14%, but am uncertain.
I know that these funds were recently closed. However, as a flagship customer I can buy them. We are unlikely to be flagship customers after the end of this quarter so it is either buy the fund now or never buy it (unless it reopens). Ideally, I would buy an amount somewhere between the minimum $3000 VWEHX investment and the $50,000 VWEAX investment. The thing is that the expense ratio is .13 for VWEHX versus .23 for VWEAX. I'm not sure that it is worth buying more than I would prefer to buy just to get the lower expense ratio. But would appreciate any thoughts.
Our portfolio:
Vanguard Short-Term Investment-Grade Fund Admiral - VFSUX - 19%
Vanguard Total Bond Market Index Fund Admiral - VBTLX - 15%
Vanguard Total International Stock Index Fund Admiral - VTIAX - 8%
Vanguard Total Stock Market Index Fund Admiral - VTSAX - 14%
Vanguard Wellesley Income Fund Admiral - VWIAX - 14%
Dreyfus S&P 500 Index Fund - PEOPX - 27%
Cash - 2%
I don't love the Dreyfus S&P 500 fund, but that is my 401(k) with my current employer.
We use the Short-Term Investment Grade Fund for regular withdrawals from DH's IRA and if we bought any of VWEHX or VWEAX it would likely come from VFSUX as I have a bit more in it now than I would prefer. We have generally maintain a 55%/45% allocation.
I am inclined to just go ahead and buy a small amount -- maybe 5% of total portfolio -- of VWEHX which would drop VFSUX to 14%, but am uncertain.