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Vanguard Expands Active Fixed Income Offerings With Launch Of New Global Credit Bond Fund: (GBP)
FYI: Vanguard today added to its growing roster of active fixed income offerings with the launch of Vanguard Global Credit Bond Fund. The new actively managed fund will provide investors with diversified exposure to the U.S. and international investment-grade credit markets.
The fund is actively managed to represent the global credit universe, which is comprised of U.S.D.-denominated (~65%) and non-U.S.D.-denominated (~35%, developed and emerging markets) investment grade securities, including those issued by corporate and noncorporate credit entities. The majority of the non-U.S.D.-denominated portfolio is hedged to the U.S. dollar to preserve the fund’s credit focus. Regards, Ted https://pressroom.vanguard.com/news/Press-Release-Vanguard-Launches-New-Global-Credit-Bond-Fund.html
