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Yesterday, Vanguard announced that it was shutting down Vanguard Convertible Securities (VCVSX). Fund companies routinely liquidate their offerings. What made this termination unusual, though, is that Vanguard Convertible Securities’ performance has been solid, by any measure. Regards, Ted https://www.morningstar.com/articles/906914/why-vanguard-killed-a-good-fund.html
