Vanguard says, “Investors who are looking for a fund that may provide federal tax-exempt interest income and can tolerate moderate price and income fluctuations may wish to consider this fund.” The ...

The fund invests in corporate bonds, pooled consumer loans and U.S. government bonds primarily within the five-to-10-year range. The portfolio tends to have a higher than average credit profile than ...

More credit risk than in the past. Our research team assigns Bronze ratings to strategies they’re confident will outperform a relevant index, or most peers, over a market cycle on a risk-adjusted ...