Displaying items by tag: VDIGX
Check Out Vanguard’s Re-Opened Dividend Funds
(New York)
Vanguard made some headlines earlier this month when it re-opened one of its long closed-to-new-investors dividend funds (VDIGX). However, it was not the only fund to reopen, as a whole suite of Vanguard dividend funds are once again available. The funds come in two flavors, active or passive. VDIGX is actively managed and has the best one-year return, but it is almost the most expensive. Check out the firm’s VIG fund (Dividend Appreciation), which has a 11% one-year return and charges only 6 basis points.
FINSUM: This whole suite of funds has a good track record and some have characteristically low fees.
Vanguard is Reopening its Dividend Fund
(New York)
The $36.6 bn Vanguard Dividend Growth fund (VDIGX) is finally reopening its doors to new investors. The fund has been closed to new investors for 3 years, but the manager says “After careful analysis of the fund’s current cash flows, we’re confident that there is ample capacity to reopen the fund”. The fund’s five-year annual return is 12.1%, besting the Russell 1000 by 1%. The fund’s average stock holding has a market cap of $110.6 bn, and its top five holdings are McDonald’s, Coca-Cola, American Tower, Medtronic, and Microsoft.
FINSUM: Vanguard funds are enormously popular for a reason, and this is an exceptionally well-performing fund that is finally reopening. Seems like a good buy.