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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Guess Who’s Defending Active Bond Funds? Vanguard.

FYI: Quick — what’s the first word you associate with Vanguard Group Inc., the $5.1 trillion investing giant? Perhaps it’s “indexing” or “passive,” referring to some of the asset manager’s largest fund offerings, such as its $577 billion Vanguard Total Stock Market Index Fund or the $154 billion Vanguard Total Bond Market II Index Fund.

John Hollyer, global head of fixed income at Vanguard, would much prefer you use the term “low cost.”
Regards,
Ted
https://www.bloomberg.com/opinion/articles/2019-02-06/vanguard-defends-the-value-of-active-bond-funds
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