What is Vanguard Wellesley Income Fund?

Vanguard Wellesley Income Fund seeks long-term growth of income, a high and sustainable level of current income, and moderate long-term capital appreciation by investing in high-quality bonds and stocks. The fund seeks to provide an attractive and stable income stream that increases over time, with moderate capital appreciation and moderate risk.

What is manager risk in Vanguard Wellesley Income Fund (vwinx)?

Manager risk: The chance that poor security selection will cause the fund to underperform relevant benchmarks or other funds with a similar investment objective. Vanguard Wellesley Income Fund Investor Shares (VWINX) - Find objective, share price, performance, expense ratio, holding, and risk details.

What is the vanguard Wellesley Income Fund Admiral shares (vwiax)?

An otherwise identical institutional version of the fund also exists, the Vanguard Wellesley Income Fund Admiral Shares (VWIAX), which requires a minimum of $50,000 but also comes with a lower 0.16% expense ratio.