Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Does exposure to financials in corporate bond funds make sense?
One reason a lot of bond ETFs like Financials are because of how financial companies work.  They usually have amazing cash flows due to deposits and fees and therefore have little risk associated with paying their debts in the short term. The rest of VCSH contains companies with low default risk and good cash flow generation as well: This is of course the objective of VCSH: Banks themselves issue a lot of bonds to raise cash to lend for other purposes.  Banks are intermediary and help make funds liquid for investors and spenders.  Hope that helped answer your question.  If not comment below and I'll try to adjust the answer to be more complete.