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SPHY - VGHY: Understanding Vanguard's Pivot Into Junk Bonds
SPDR Portfolio High Yield Bond ETF
2025-09-29 13:44:04 ET
For decades, Vanguard has been known for two things: ultra-low cost investment funds and broad index exposures. While its big three issuer peers - BlackRock and State Street - offer hundreds of ETFs targeting very specific niches and themes in addition to broad index funds, Vanguard has mostly just stuck with the plain vanilla category....