Comments on: Using Vanguard Wellesley Income Fund (VWINX) As A Bond Proxy?

By: Are Balanced Mutual Funds Still Relevant? - Amateur Asset Allocator

Are Balanced Mutual Funds Still Relevant? - Amateur Asset Allocator — Mon, 15 Mar 2010 11:01:06 +0000

[...] portfolios. Prestigious balanced mutual funds such as the Wellington Fund (VWELX), Wellesley Income Fund (VWINX), Dodge & Cox Balanced Fund (DODBX), and more recently the Vanguard Star Fund (VGSTX) [...]

By: Anonymous

Anonymous — Wed, 23 Dec 2009 03:24:27 +0000

I am considering loading up on shares of Wellesley. It outperforms most Target Retirement plans.

By: Anonymous

Anonymous — Tue, 29 Sep 2009 17:34:48 +0000

40% stock holdings is not a proxy for a bond fund period. Wellesey Income is a great balanced fund – but not a bond fund. Also currently Wellesey bond portfolio has higher maturity than average (compared to vanguard total bond), so its exposed to interest rate risk to a greater level. There is no free lunch.

By: ABCs of Investing

ABCs of Investing — Thu, 28 May 2009 15:47:59 +0000

Thanks for the mention.