The Vanguard High Yield dividend fund could see a further repricing of about -20%, considering that supply chain shocks, Inflationary commodities prices, and higher marginal costs have compressed revenue growth margins for corporations. This will make corporations have to reduce dividends and earnings per share going forward, thereby making High Dividend Yield funds an overpriced fund. A further repricing of 20% down to a value area of 85>80 could be a possibility, also from a technical standpoint, a retracement drifting lower on the channel line support could then become an attractive value investment, if and when macroeconomic conditions and corporate earnings will start to improve.