Vanguard Launches Low-Cost, Actively Managed Core Bond Fund

Ted

FYI: Vanguard today introduced Vanguard Core Bond Fund, bringing a low-cost entrant to the core bond fund category.
Regards,
Ted
https://pressroom.vanguard.com/press_release/press_release_vanguard_launches_actively_managed_core_bond_fund_20160310.html

Barron's Slant:
http://blogs.barrons.com/focusonfunds/2016/03/10/vanguard-launches-ultra-low-cost-actively-managed-core-bond-fund/tab/print/

heezsafe

Subscription Period
Vanguard Core Bond Fund is holding a subscription period from March 10, 2016,
through March 24, 2016. During this period, the Fund will invest in money
market instruments rather than seek to achieve its investment objective. This
strategy should allow the Fund to accumulate sufficient assets to better
construct a portfolio and is expected to reduce initial trading costs.

The Fund reserves the right to terminate or extend its subscription period prior
to March 24, 2016.

During the subscription period, you may invest in the Fund online (if you are
registered for online access), or you may contact Vanguard by telephone or by
mail to request this transaction. Please see the Investing With Vanguard
section of the Fund’s prospectus for more details about requesting transactions.
© 2016

e.r.= 0.25% (Investor Shares) or 0.15% (Admiral Shares)
Prospectus straightforward and unremarkable, as one would expect.....

https://personal.vanguard.com/us/funds/snapshot?FundId=1320&FundIntExt=INT