Tony Dong is the founder of ETF Portfolio Blueprint.
One of the unique aspects of US citizens from recent history is that, apart from the Bidenomics fueled 17% cumulative inflation and the 48.6% cumulative inflation under Jimmy Carter, most of them have not experienced the rationing and Depression-aftermath scarcity that preceded World War II.
The most important takeaway as you learn about these three Vanguard funds is that there is no exotic strategy, just three well-known funds, one brokerage account, and an allocation specifically designed around current yields to produce around $4,262 per month in income off a $1.4 million portfolio, without selling one single share.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 263,105 | $20.64M | $20.71M | $72,679.66 | 0.35% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 18,718 | $1.5M | $1.47M | -$30,400.09 | -2.02% |
| MSH Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 1.05M | $81.61M | $82.69M | $1.08M | 1.32% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 951 | $75,950.63 | $74,859.3 | -$1,091.33 | -1.44% |
| MM Michael Motolo CVS HEALTH Corp | 120,000 | $9.51M | $9.45M | -$67,200 | -0.71% |
| NASDAQ (NMS) Exchange | US Country |
The fund operates with a focused investment strategy that prioritizes adherence to the Bloomberg U.S. 1-5 Year Corporate Bond Index. This strategy targets the inclusion of U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities. These are issued by a diverse array of entities spanning U.S. and non-U.S. industrial, utility, and financial sectors. The chosen securities possess maturity periods ranging from 1 to 5 years, aligning with the fund’s intermediate-term investment horizon. A stringent policy mandates that at least 80% of the fund's assets are to be allocated towards bonds present within the index, ensuring consistency and alignment with the fund’s investment objectives.
The fund offers a focused investment portfolio with a clear emphasis on corporate bonds that align with the investment-grade criteria. Below are the key components of the fund's offerings: