Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX)
| Fund Assets | 25.85B |
| Expense Ratio | 0.12% |
| Min. Investment | $50,000 |
| Turnover | 44.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 6.37% |
| Dividend Growth | 1.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 5.48 |
| YTD Return | 1.00% |
| 1-Year Return | 6.70% |
| 5-Year Return | 21.51% |
| 52-Week Low | 5.41 |
| 52-Week High | 5.57 |
| Beta (5Y) | n/a |
| Holdings | 1009 |
| 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.
Performance
VWEAX had a total return of 6.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.96%.
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 |
|---|---|---|
| May 29, 2026 | $0.02948 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0291 | May 1, 2026 |
| Mar 31, 2026 | $0.02898 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02821 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02901 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02875 | Jan 2, 2026 |