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from24/7 Wall St.
1 day agoCredit Spreads Are the Signal That Will Make or Break VGHY in 2026
Active fixed income is emerging as a significant focus, with Vanguard's VGHY ETF offering a unique approach in the high-yield bond market.
The fund blends high yield corporate bonds, senior loans, and debt tranches of U.S. collateralized loan obligations (CLOs) into a single actively managed portfolio, aiming to deliver income that beats the broad bond market while keeping volatility lower than any single segment on its own.