Vanguard Convertible Securities Investor (VCVSX)
The Vanguard Convertible Securities fund aim is to achieve current income and long-term capital appreciation. It utilizes its assets to purchase U.S. and foreign convertible securities. These convertibles are hybrid securities that have characteristics of bonds and common stocks. It may include corporate bonds and preferred stocks that are convertible into common stock, and debt securities with warrants or common stock attached.
Fund Profile
- Fund Inception Date: June 16, 1986
- Ticker Symbol: VCVSX
- CUSIP: 922023106
- Beta (3yr): 1.16
- Rank in category (YTD): 3%
- Category: Convertibles
- Distribution: 3.84%
- Capital Gains: 0%
- Expense Ratio: 0.59%
- Net Assets: $ 1.66 billion
- Number of Years Up: 18 years
- Number of Years Down: 7 years
- Average Duration: 4.3 years
- Average Maturity: 4.9 years
- Annual Turnover Rate: 90.00%