Vanguards biggest active bond fund manager suddenly resigned on April 13.
He had managed or co-managed 7 active bond funds, totaling 135 billion dollars.
He was sole manager of the Vanguard Short Term Investment Grade Fund VFSUX the forth largest actively managed bond fund in the U.S.
Whats strange is it has been over 2 weeks and not a word on this on the Vanguard web site.
Was he forced to resign or be fired, or what. Vanguard is definitely trying to keep this very quiet.
Samuel Martinez and Daniel Shaykevich have taken his place as co-managers of the Short Term Investment Grade Fund.
Comments
Derf