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Has Krugman Really Won?
Economics Fanatic • Thu, May 2 • 187 Comments
Expect Bull Run For Treasuries And Cash
Economics Fanatic • Fri, Apr 12 • 5 Comments
Can The S&P 500 Decline By 40%?
Economics Fanatic • Thu, Apr 11 • 43 Comments
Yes, There Is Still Hope In Bond Investments
MyPlanIQ • Wed, Apr 3 • 6 Comments
Sell In April And Go Away? How To Capitalize
Eric Parnell • Sun, Mar 24 • 49 Comments
Margin Debt: Another Equity Market Crash Signal
Economics Fanatic • Thu, Mar 14 • 3 Comments
Are Equity Markets Setting Up For A Meaningful Correction?
Economics Fanatic • Mon, Mar 11 • 5 Comments
The Market Has Recovered - Congratulations You've Lost 28 Percent
David Cretcher • Fri, Mar 8 • 30 Comments
Why Asset Allocations Fail And What You Can Do About It
David Cretcher • Thu, Mar 7 • 6 Comments
A 60/40 Portfolio Without U.S. Treasuries Or U.S. Large Caps
Brian Abbott • Tue, Jan 22 • 14 Comments
PIMCO's Gross On Free Money And Inflation
Economics Fanatic • Sun, Jan 6 • 14 Comments
The Best All/Intermediate-Term Non-Junk Bond Investments
Kurt Shrout • Tue, Oct 16, 2012
The Best Long-Term Non-Junk Bond Investments
Kurt Shrout • Wed, Oct 10, 2012 • 15 Comments
Implications Of A Decade Of Economic And Financial Crisis
Economics Fanatic • Mon, Oct 8, 2012 • 2 Comments
Understanding The Life Cycle Of A Rally In Corporates Can Lead To Further Gains
Bondsquawk • Fri, Sep 28, 2012
Future Inflation's Likely Impact On Bonds
Kurt Shrout • Thu, Sep 27, 2012 • 32 Comments
Your Retirement Investments: Addressing The Bonds Dilemma
Kurt Shrout • Sat, Sep 22, 2012 • 39 Comments
Your Retirement Investments: Stocks Vs. Bonds
Kurt Shrout • Thu, Sep 20, 2012 • 17 Comments
Vanguards To Guard Your Portfolio
Economics Fanatic • Wed, Sep 19, 2012 • 3 Comments
12 ETF Portfolio: Another Look
Lowell Herr • Wed, Sep 19, 2012 • 4 Comments

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Commission-Free ETFs Enable Portfolio Building Using Asset Allocation Strategies
MyPlanIQ • Sun, May 16, 2010 • 12 Comments

Has Krugman Really Won?
Economics Fanatic • Thu, May 2 • 187 Comments
Expect Bull Run For Treasuries And Cash
Economics Fanatic • Fri, Apr 12 • 5 Comments
Can The S&P 500 Decline By 40%?
Economics Fanatic • Thu, Apr 11 • 43 Comments
Yes, There Is Still Hope In Bond Investments
MyPlanIQ • Wed, Apr 3 • 6 Comments
Sell In April And Go Away? How To Capitalize
Eric Parnell • Sun, Mar 24 • 49 Comments
Margin Debt: Another Equity Market Crash Signal
Economics Fanatic • Thu, Mar 14 • 3 Comments
Are Equity Markets Setting Up For A Meaningful Correction?
Economics Fanatic • Mon, Mar 11 • 5 Comments
The Market Has Recovered - Congratulations You've Lost 28 Percent
David Cretcher • Fri, Mar 8 • 30 Comments
Why Asset Allocations Fail And What You Can Do About It
David Cretcher • Thu, Mar 7 • 6 Comments
A 60/40 Portfolio Without U.S. Treasuries Or U.S. Large Caps
Brian Abbott • Tue, Jan 22 • 14 Comments
PIMCO's Gross On Free Money And Inflation
Economics Fanatic • Sun, Jan 6 • 14 Comments
The Best All/Intermediate-Term Non-Junk Bond Investments
Kurt Shrout • Tue, Oct 16, 2012
The Best Long-Term Non-Junk Bond Investments
Kurt Shrout • Wed, Oct 10, 2012 • 15 Comments
Implications Of A Decade Of Economic And Financial Crisis
Economics Fanatic • Mon, Oct 8, 2012 • 2 Comments
Understanding The Life Cycle Of A Rally In Corporates Can Lead To Further Gains
Bondsquawk • Fri, Sep 28, 2012
Future Inflation's Likely Impact On Bonds
Kurt Shrout • Thu, Sep 27, 2012 • 32 Comments
Your Retirement Investments: Addressing The Bonds Dilemma
Kurt Shrout • Sat, Sep 22, 2012 • 39 Comments
Your Retirement Investments: Stocks Vs. Bonds
Kurt Shrout • Thu, Sep 20, 2012 • 17 Comments
Vanguards To Guard Your Portfolio
Economics Fanatic • Wed, Sep 19, 2012 • 3 Comments
12 ETF Portfolio: Another Look
Lowell Herr • Wed, Sep 19, 2012 • 4 Comments

There are no Transcripts on VCLT.

Weekend Investor: How to pad your stock returns with corporate bonds

at MarketWatch.com (Dec 2, 2011)
Corporate bonds look good again: Federated

at MarketWatch.com (Nov 1, 2011)

VCLT vs. ETF Alternatives

VCLT Description

Vanguard Long-Term Corporate Bond ETF seeks to track the performance of a market-weighted corporate bond index with a long-term dollar-weighted average maturity.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Broad U.S. Bond ETFs, A Guide to U.S. Corporate Bond ETFs
Asset Class Performance: Bonds

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 20, 1:10 PM With borrowers racing to market before demand dries up or interest rates rise, corporate bond (LQD) sales this month are on pace for their busiest May ever, according to Bloomberg. The previous record of $162.6B was hit in 2008. Warnings from Buffett and Gross about the likelihood of higher rates are ignored as "investors have cash to spend yet fewer alternatives to buy," writes a Morgan Stanley team. Comment!
Friday, May 10, 5:57 AM Don't panic, Moody's says, there's "no strong evidence that recent [corporate debt] issuance levels presage a damaging correction." The notion that a bubble is building in the corporate bond market isn't reflected in credit spreads which, for both investment grade (LQD) and high yield (HYG, JNK), are closer to long-run averages than they are to alarmingly tight. Furthermore, the ratings agency says a surge in issuance reflects the "disintermediation of the banking sector" and notes that the proportion of total corporate liabilities comprised of debt securities hasn't significantly increased over the past two years." We can all rest easy now. (previous) 2 Comments
Wednesday, May 8, 11:20 AM Coupons continue to shrink on fixed-rate U.S. corporate bonds reports Fitch, with the average falling to 5.6% in March, down from 5.7% at year end, and 6.1% a year ago. Investment-grade paper (LQD) came in at 3%, speculative (HYG, JNK) at 6.3%. New issuance in Q1 was $259.5B, putting 2013 on pace with 2012's record activity. Rating activity remains subdued, with downgrades affecting just 1% of issuance, upgrades 1.8%. Comment!
Monday, April 29, 7:52 AM Vanguard Long-Term Corporate Bond ETF (VCLT) announces quarterly distribution of $0.353. 30-Day Sec yield of 4.29% (as of 04/26/2013). For shareholders of record 02 May. Payable 06 May. Ex-Div. date 30 Apr. (PR) Comment! [Dividends]
Friday, April 12, 12:28 PM Fixed-income may not be being given away as it was in 2010, but there's still value, says Jeff Gundlach, scoffing at talk of a bond bubble. "Raise your hand" if you own Treasurys for yourself or a client, he asked a room full of advisors (none went up). Bonds are not "over-owned" in the U.S., he says, showing cash and fixed income make up a higher percentage of household financial assets in other countries. 5 Comments [U.S. Economy]
Wednesday, February 27, 11:10 AM Leading off his latest outlook with Alan Greenspan's "irrational exuberance" line, Bill Gross (BOND) ponders its application to credit markets (LQD, HYG, JNK) today. Conclusion: Not yet. Labeling credit irrationality a 6 on a scale of 1-10, Gross suggests not selling, but instead lowering expectations.
1 Comment [U.S. Economy]
Wednesday, February 13, 9:15 AM Corporate debt has duration risk as well, and worries over higher rates have BlackRock planning two actively-managed ETFs focused on short-term paper. Average duration of IG debt stands at a near-record 6.8 years, according to BAML. The long-end has been the place to be, but shorter-duration is "gaining traction." LQD -1.4% YTD. Comment! [U.S. Economy]
Tuesday, February 5, 2:49 PM Money for nothing. IBM plans a sale of $2B in floating-rate debt, with the 2-year paper maybe priced at Libor minus 2 basis points. The 5-year notes look to yield 47 bps more than 5-year Treasurys. Coca-Cola and P&G both issued debt paying less than the benchmark rate last year. 1 Comment [U.S. Economy]
Thursday, January 31, 4:37 PM Are funds flowing out of junk bonds? The noticeable turn lower in HYG and JNK in the past couple of sessions has been accompanied by surging volume, notes John Spence. Both of the ETFs have returned to about flat YTD. The IG corporate bond ETF (LQD) is now red. Dan Fuss describes today's high yield values as "ridiculous." Comment! [U.S. Economy]
Friday, January 18, 2:35 PM Investment-grade bonds continue to get a underweight allocation at Barclays, which says the spread to Treasurys isn't enough to compensate for the lack of liquidity, particularly so in higher-quality credits. The bank remains overweight high-yield - which also suffers from lower liquidity, but with a more adequate spread to make up for it. Chart of TLT vs. LQD vs. HYG YTD. Comment! [U.S. Economy, Financials]
Tuesday, January 8, 5:09 PM Gundlach: By at least one measure - comparing the Merrill Corporate Index to the Treasury Index - corporate paper is as overvalued as it's ever been in the history of the data (going back to 1985). Another relatively overvalued fixed-income class is emerging market debt (EMB). "I would not be putting any new money into that." 2 Comments [U.S. Economy]
Tuesday, January 8, 9:59 AM Just before New Year's, Vanguard cut fees on more than a third of its U.S.-listed ETF lineup while raising fees on just 2 ETFs. Its sector ETFs saw the biggest price cuts (from 0.19% to 0.14%) while its 2 small cap funds (VIOO, VIOV) actually saw slight fee hikes. Comment!
Friday, January 4, 12:51 PM Investors want yield and treasurers/underwriters are happy to give it to them. A full 41% of investment grade corporate bond issuance was BBB (the lowest IG rating) in 2012, the highest proportion going back to at least 1998. Just 19% of issuance rated AA or AAA - only 1998's 17% was lower in the last 15 years. 4 Comments [Financials]
Wednesday, December 26, 2012, 9:57 AM The ETF price wars continue: Vanguard slashed fees on 11 ETFs (full list), effective last Friday. The cuts ranged from 3% for the Russell 2000 Value ETF (VTMV) to 20% for the MBS ETF (VMBS). Vanguard is quick to point out the cuts aren't its attempt to engage in the "price war," but simply reflect the lowered costs of running the funds. Comment!
Friday, December 7, 2012, 12:57 PM More from Hudachek's Overlooked ETFs: Investment-grade and high-yield debt investors may have interest in Guggenheim's Suite of products offering a range of maturities - from very short-term all the way out to 2020. The shortest term IG fund is BSCC, junk is BSJC. To go longer maturity, just swap the last "C'' in the fund symbol for "D," and so on, all the way out to "K." Comment! [Quick Ideas]
Friday, December 7, 2012, 7:39 AM Duration risk in the investment grade bond market (LQD) is leading fund managers to reduce exposure. The average yield on IG bonds has fallen to 2.66% and bond math says it takes very little backup in yields from this point to wipe out a year (or years) of coupon payments. Corporate bonds often yield less than the equity of the same company - a rare situation, says Matt Eagan. "We think you have a better chance of preserving principal on the equity side." This from a bond man! 4 Comments [U.S. Economy, Financials]

whidbey
To May '13, $CHN,$VCLT, $VXF,$VEU,$EWW. The debt and sequestration are virtually done.
Jan 27, 4:44 PM
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Hillbilly Stock Star
VCLT.......lots O' newbies, Long......http://yhoo.it/S6cmW1
8/31/12
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Hillbilly Stock Star: VCSH......Thanks Benny, Long.....http://yhoo.it/NAhdJT
8/31/12
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Hillbilly Stock Star
VCLT.......Boooooyaaah! Long.
8/31/12
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Hillbilly Stock Star
VCLT.......Bulls in foxhole, Long..http://onforb.es/NUEEkM
8/28/12
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Hillbilly Stock Star: PCEF......foxhole, Long.
8/28/12
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Hillbilly Stock Star
VCLT, VCSH,..........Tanner boys working in bond market! Long.
8/23/12
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Joelitch: VWITX for me, avoids uncle sam :-)
8/23/12
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Hillbilly Stock Star
VCLT.......moving up, Long.
8/22/12
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Hillbilly Stock Star
VCSH, VCLT,........volume alert, Long.
8/21/12
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Hillbilly Stock Star
VCLT........for muddling through, Long......http://bit.ly/Mn63Kp
8/10/12
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Hillbilly Stock Star
VCLT......Bull bear bond battle, Long.
8/9/12
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Hillbilly Stock Star
VCLT.......structural buying? Long.......http://bit.ly/Q9ZWJ2
7/30/12
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LATEST REPLIES

Hillbilly Stock Star
VCLT.......lots O' newbies, Long......http://yhoo.it/S6cmW1
8/31/12
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Hillbilly Stock Star: VCSH......Thanks Benny, Long.....http://yhoo.it/NAhdJT
8/31/12
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140 characters

Hillbilly Stock Star
VCLT.......Bulls in foxhole, Long..http://onforb.es/NUEEkM
8/28/12
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Hillbilly Stock Star: PCEF......foxhole, Long.
8/28/12
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Hillbilly Stock Star
VCLT, VCSH,..........Tanner boys working in bond market! Long.
8/23/12
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Joelitch: VWITX for me, avoids uncle sam :-)
8/23/12
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Hillbilly Stock Star
VCLT......continued panic buying, Long.
7/24/12
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Hillbilly Stock Star: ETP & LINE.......still look interesting, Long.
7/24/12
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Hillbilly Stock Star
VCLT.......$117? Long......http://yhoo.it/NJ2LRS
7/19/12
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Hillbilly Stock Star: Use limit orders!
7/19/12
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Hillbilly Stock Star
VCLT.......Senior Citizen panic buying, Long.
7/11/12
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Ocean Man: They took KMP up from 75 to 83 too.
7/11/12
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Hillbilly Stock Star: People starved for any yield look at PAA, too, TROW closed high yield, RPSIX if you want in.
7/11/12
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Hillbilly Stock Star
VCLT.......picked up starter position, Long.
7/6/12
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Hillbilly Stock Star: VCSH.......added Long.
7/6/12
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VCLT Vanguard Long-Term Corporate Bond Index ETF

VCLT

Vanguard Long-Term Corporate Bond Index ETF