eytonxav
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I hold both these Vanguard stalwarts and they are probably my largest holdings. I am starting to wonder however about their bond sleeves, with durations of 6.3 yrs (as of 7/2015). I think the managers have reduced duration a little over the past year, but am concerned that when rates start to move, these funds may get slammed. I suspect these funds are so large, it will be difficult for Wellington mgmt to shorten duration at a faster pace. Anyone else concerned about this?