Vanguard High-Yield Corporate Adm (VWEAX)

Fund Assets	24.80B
Expense Ratio	0.116%
Min. Investment	$50,000
Turnover	44.00%
Dividend (ttm)	0.35
Dividend Yield	6.58%
Dividend Growth	0.70%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	5.31
YTD Return	-0.19%
1-Year Return	1.55%
5-Year Return	18.60%
52-Week Low	5.26
52-Week High	5.57
Beta (5Y)	0.37
Holdings	1057
Inception Date	Nov 12, 2001

About VWEAX

The Vanguard High-Yield Corporate Fund is an investment vehicle that primarily allocates capital to a diverse array of medium and lower-quality corporate debt, often colloquially known as "junk bonds." Established in 1978, its unique strategy focuses on carefully selecting what its advisors consider to be the higher-quality end of the high-yield spectrum. This selective approach aims to generate a consistent stream of income for investors while striving to mitigate the risks of defaults and capital erosion. Crucially, despite being a bond fund, the inherent nature of high-yield debt means its price movements can exhibit volatility comparable to that of equity markets. As such, it can serve as a complementary component within an already well-diversified investment portfolio. It's important to understand that this fund operates as a distinct and standalone product, separate from the Vanguard High-Yield Active ETF (VGHY). Variances in operational scale, the appointed investment sub-advisors, specific portfolio management processes, and the underlying securities held are expected to result in differing investment performance between the two offerings.

• Fund Family: Vanguard
• Category: High Yield Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VWEAX
• Share Class: Admiral Shares
• Index: Bloomberg U.S. Corporate High Yield TR

Performance

VWEAX had a total return of 1.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.82%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
VWEHX	Investor Shares	0.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02914	Oct 1, 2026
Aug 31, 2026	$0.02964	Sep 1, 2026
Jul 31, 2026	$0.02943	Aug 3, 2026
Jun 30, 2026	$0.02909	Jul 1, 2026
May 29, 2026	$0.02948	Jun 1, 2026
Apr 30, 2026	$0.0291	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 31, 2026

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