Vanguard Wellesley Income Fund Admiral Shares (VWIAX)
Vanguard Wellesley Income Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $63.42, up 0.09% on the session, giving a market capitalisation of $47.75B. Its beta of 0.71 implies it has historically moved less than the broad market.
The fund employs an active management approach, typically investing 60% to 65% of its assets in investment-grade fixed income securities, including corporate, U.S. Treasury, and government agency bonds, as well as mortgage-backed securities. The remaining 35% to 40% of fund assets are invested in common stocks of companies that have a history of above-average dividends or expectations of increasing dividends.
Vanguard Wellesley Income Fund Admiral Shares is most often compared with the following Financial Services names: