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Vanguard To Expand Low-Cost Fixed Income Offerings With New Ultra-Short-Term Bond Fund

TedTed
in The Bullpen
FYI: Vanguard today filed a registration statement with the U.S. Securities and Exchange Commission for Vanguard® Ultra-Short-Term Bond Fund.

The new actively managed fund will round out Vanguard’s taxable bond fund lineup, which comprises 10 active funds and 12 index funds covering the broad quality and duration spectrum.1 The fund will invest in high-quality bonds, including a combination of money market, government, and investment-grade corporate securities with an expected average rating of Aa and duration of approximately one year.2
Regards,
Ted
https://pressroom.vanguard.com/content/press_release/Vanguard_to_Expand_Low_Cost_Fixed_Income_Offerings_11.24.2014.html
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