Vanguard High Yield Corporate Fund Error

Posted by John Doe on July 11, 2009, 10:39 am

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I have a very strange problem with ONE of the the funds in my Vanguard
retirement account, the Vanguard High Yield Corp Bond fund.

Yesterday I looked at my Vanguard total account balance and saw it was
WAY higher than it should have been. This account contains 5 or 6 active
mutual funds and has history going back several years.

When I looked in the overview tab, all amounts were in line except the
Vanguard High Yield Corp Bond fund (VWEHX). In the overview tab, this
was showing the initial purchase transaction I made on 3/9/2009 as bring
purchased at a price of 0.0778 and purchasing 888,754,753 shares ( for
example ). When I went into the transaction register, it showed the
proper prices and amounts : $4.14/share and 650 shares for the 3/9/09
date. There were also a few dividends in March and April that were
showing up as scrambled amounts amounts.

This error only appeared in the past 3 days; prior to that the totals
were fine.

I tried to delete the bad transactions and reenter but they kept showing
up as bad numbers in the overview.

Only when I moved the transaction date to after 6/13/2009 did the
overview and transaction tabs match.

So I looks like for this particular fund, any transactions entered
before 6/13/2009 will be FUBARED. I also have Fidelity Equity Income, a
TR Price Midcap and a few others held in the Vanguard account which seem
to be fine.

Has anyone else seen this type of error?

Posted by Stubby on July 12, 2009, 8:58 am

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> I have a very strange problem with ONE of the the funds in my Vanguard

> retirement account, the Vanguard High Yield Corp Bond fund.

> Yesterday I looked at my Vanguard total account balance and saw it was

> WAY higher than it should have been. This account contains 5 or 6 active

> mutual funds and has history going back several years.

> When I looked in the overview tab, all amounts were in line except the

> Vanguard High Yield Corp Bond fund (VWEHX). In the overview tab, this

> was showing the initial purchase transaction I made on 3/9/2009 as bring

> purchased at a price of 0.0778 and purchasing 888,754,753 shares ( for

> example ). When I went into the transaction register, it showed the

> proper prices and amounts : $4.14/share and 650 shares for the 3/9/09

> date. There were also a few dividends in March and April that were

> showing up as scrambled amounts amounts.

> This error only appeared in the past 3 days; prior to that the totals

> were fine.

> I tried to delete the bad transactions and reenter but they kept showing

> up as bad numbers in the overview.

> Only when I moved the transaction date to after 6/13/2009 did the

> overview and transaction tabs match.

> So I looks like for this particular fund, any transactions entered

> before 6/13/2009 will be FUBARED. I also have Fidelity Equity Income, a

> TR Price Midcap and a few others held in the Vanguard account which seem

> to be fine.

> Has anyone else seen this type of error?

I got a bad quote from one of my Vanguard funds in early July. I
don't believve it was the Corp. HY fund although I own that. I
deleted the bad quote from the price history and about a day later, it
got filled in with a good value. Somebody must have slipped.

Posted by John Pollard on July 12, 2009, 12:43 pm

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John Doe wrote:

> I have a very strange problem with ONE of the the funds in my Vanguard

> retirement account, the Vanguard High Yield Corp Bond fund.

> Yesterday I looked at my Vanguard total account balance and saw it was

> WAY higher than it should have been. This account contains 5 or 6

> active mutual funds and has history going back several years.

> When I looked in the overview tab, all amounts were in line except the

> Vanguard High Yield Corp Bond fund (VWEHX). In the overview tab, this

> was showing the initial purchase transaction I made on 3/9/2009 as

> bring purchased at a price of 0.0778 and purchasing 888,754,753

> shares ( for example ). When I went into the transaction register, it

> showed the proper prices and amounts : $4.14/share and 650 shares for

> the 3/9/09 date. There were also a few dividends in March and April

> that were showing up as scrambled amounts amounts.

> This error only appeared in the past 3 days; prior to that the totals

> were fine.

> I tried to delete the bad transactions and reenter but they kept

> showing up as bad numbers in the overview.

> Only when I moved the transaction date to after 6/13/2009 did the

> overview and transaction tabs match.

> So I looks like for this particular fund, any transactions entered

> before 6/13/2009 will be FUBARED. I also have Fidelity Equity Income,

> a TR Price Midcap and a few others held in the Vanguard account which

> seem to be fine.

Did you try "recalculating" your Quicken account register.

With the account opened to the Transaction list, enter CTRL+Z (that's;
hold down the CTRL key while keying the letter Z). You should receive a
message from Quicken asking you to confirm the recalculation.

[Backup first.]

--

John Pollard

Posted by John Doe on July 12, 2009, 4:37 pm

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John Pollard wrote:

> John Doe wrote:

>> I have a very strange problem with ONE of the the funds in my Vanguard

>> retirement account, the Vanguard High Yield Corp Bond fund.

>> Yesterday I looked at my Vanguard total account balance and saw it was

>> WAY higher than it should have been. This account contains 5 or 6

>> active mutual funds and has history going back several years.

>> When I looked in the overview tab, all amounts were in line except the

>> Vanguard High Yield Corp Bond fund (VWEHX). In the overview tab, this

>> was showing the initial purchase transaction I made on 3/9/2009 as

>> bring purchased at a price of 0.0778 and purchasing 888,754,753

>> shares ( for example ). When I went into the transaction register, it

>> showed the proper prices and amounts : $4.14/share and 650 shares for

>> the 3/9/09 date. There were also a few dividends in March and April

>> that were showing up as scrambled amounts amounts.

>> This error only appeared in the past 3 days; prior to that the totals

>> were fine.

>> I tried to delete the bad transactions and reenter but they kept

>> showing up as bad numbers in the overview.

>> Only when I moved the transaction date to after 6/13/2009 did the

>> overview and transaction tabs match.

>> So I looks like for this particular fund, any transactions entered

>> before 6/13/2009 will be FUBARED. I also have Fidelity Equity Income,

>> a TR Price Midcap and a few others held in the Vanguard account which

>> seem to be fine.

> Did you try "recalculating" your Quicken account register.

> With the account opened to the Transaction list, enter CTRL+Z (that's;

> hold down the CTRL key while keying the letter Z). You should receive a

> message from Quicken asking you to confirm the recalculation.

> [Backup first.]

John,
Learn something every day. No I did not try and recalculate, did not
know I ever had to.
---thought it was done whenever I opened the quicken file.

Stubby,
How do you delete a quote from the file?

Posted by John Pollard on July 12, 2009, 5:30 pm

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John Doe wrote:

> Learn something every day. No I did not try and recalculate, did not

> know I ever had to.

> ---thought it was done whenever I opened the quicken file.

It's not. But normally, it's not necessary.

It seems that on occasion, one or more transactions gets some sort of
corruption, and a recalculation can sometimes fix that.

You could also try Validating a Quicken Copy of your data, though Validate
has a poor record for finding and fixing investment account problems.

If there is corruption that recalculate and Validate don't fix, one other
area where corruption can occur is in your price history. Your problem
doesn't sound like the typical price history corruption, but checking for
it is easy and harmless. With Quicken closed, rename the Windows file
QDATA.QPH (where QDATA is the name of your Quicken data). Start Quicken,
do a price history download ... and in your case, probably delete and
re-enter the transactions in question. If this helps, there are several
ways to recover "lost" historical prices ... if it doesn't help, you just
rename the old price history file back.

--

John Pollard