VCSH - VCSH: Corporate Bond ETF For When The Dust Settles
- VCSH is an investment-grade corporate bond ETF with a 3.81% SEC yield.
- With a 2.8 years duration, the fund is down more than -5.7% year to date due to rising rates versus only -2% for MINT.
- VCSH experiences less of a "roll" effect from underlying securities maturities, and thus is prone to steeper price drawdowns in a rising interest rate environment.
- The fund has a very robust long-term risk/reward profile and will constitute a great unleveraged investment-grade bond exposure once the dust settles on Fed rate hikes.
- Investors should target 4%+ 30-day SEC yields to start entering the fund.
For further details see:
VCSH: Corporate Bond ETF For When The Dust Settles