Vanguard Interm-Term Investment-Grade Investor (VFICX - MF report) a Zacks Rank #1 (Strong Buy) seeks a high level of interest income. VFICX invests in a widely diversified group of intermediate-term bonds, most of them issued by corporations with good credit ratings.

The Vanguard Interm-Term Investment-Grade Investor fund, managed by Vanguard Group, carries an expense ratio of 0.2% and requires a minimal initial investment of $3,000.

VFICX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 3.79%, 3 year 3.41% and 5 year 4.37%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

VFICX’s performance, as of the last filing, when compared to funds in its category was in the top 3% in 1 year, top 9% over the past 3 years, and in the 9% over the past 5 years.