Hey Guys,
I was just looking at the history of VBMFX, and I was wondering how the NAV changes are calculated. There isn't much movement throughout the history of the fund.
If Interest rates are stagnant, what would cause the price to increase/decrease? If interest rates are increasing, wouldn't that lead to a guaranteed drop in the NAV?
Submitted April 12, 2017 at 01:26PM by Very_Shagadelic http://ift.tt/2oY8xs7
