No recommendations...just thoughts.Hi--I am new here and trying to figure out what to do with the large amount of money we have invested in Vanguard BND and BNDX. We are in our 60s and retired and purchased these back in 2018. They are obviously doing horribly but do provide a decent income. I'm considering selling, but it would be at a loss of $15k. I've been researching Vanguard Target Retirement VTINX. It looks much more promising while still being more conservative and income driven, but I'm hesitate to throw in the towel on BND and realize a horrible loss. Any thoughts would be so appreciated.
BND is an OK fund.
If this is in a taxable account, it would make a great long term tax loss harvest.
You already know that BND is not 100% treasuries. It has investment grade bonds which are more risky than treasuries. It's 25% A rated or below. I like individual treasuries which are AAA or better.
Expense ratio is .03%...nice. Individual treasuries are 0.
The average duration is around 6 years. Intermediate
It paid out 3.77% annualized on Apr. 4. Yuck. 7 year treasuries are paying out 4.7% with no state taxes.
BND is easy to buy and sell; individual treasuries have a learning curve, but the market for treasuries is all good.
Statistics: Posted by hudson — Wed May 01, 2024 7:57 am — Replies 13 — Views 1618