Category: Vanguard

Vanguard’s three tax-managed funds are specifically designed for taxable accounts. The funds attempt to avoid capital gains distributions and to provide tax advantaged income distributions. We shall examine the capital gains environment of the funds; the dividend income distributions; fund …

Under the hood: Vanguard Tax – Managed funds in 2019 Read More »

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Vanguard issues annual reports for the firm’s US stock index funds on December 31 of each year.[1] The reports provide information that can highlight some of the underlying conditions affecting a fund’s future capital gains distribution outlook; an indication of …

Under the hood – Vanguard US stock index funds in 2019 Read More »

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Vanguard issues annual reports for the firm’s US CRSP Mega Cap index funds on October 31 of each year.[1] These funds are available in exchange-traded and institutional shares, and are primarily targeted to the financial planner, brokerage, and institutional market.The …

Under the hood – Vanguard Mega Cap index funds in 2019 Read More »

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Vanguard issues annual reports for the firm’s US S&P and Russell index funds on October 31 of each year.[1] The reports provide information that can highlight some of the underlying conditions affecting a fund’s future capital gains distribution outlook; an …

Under the hood – Vanguard US S&P and Russell index funds in 2019 Read More »

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Vanguard bond index funds and Vanguard’s tax-exempt bond funds engage in cross trading of bond securities, and in the case of bond index funds, in-kind purchases and redemptions. Both of these trading mechanisms serve to reduce trading costs. [1] Bond …

Vanguard bond fund trading data, FY 2019 Read More »

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Vanguard, Fidelity, Charles Schwab have a small number of stock index funds with roughly parallel histories which allow us to examine the historical security lending income generated by the respective funds. The five funds include a US total stock market …

Vanguard, Fidelity, and Schwab security lending historical data Read More »

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The table below contains links to spreadsheets containing Vanguard mutual fund and exchange-traded fund annual per share distributions. These distributions include dividend distributions, capital gains distributions, and return of capital distributions. Data derived from  the EDGAR data base of fund …

Vanguard funds: per share distributions Read More »

John Bogle, in various writings, argued that his decision to create value and growth index funds was based on meeting the tax, risk, and return needs of investment clienteles during their investment life cycles. Growth index funds were designed for …

Dividend Yield: Value vs. Growth Read More »

Vanguard issues annual reports for the firm’s international and global index funds on October 31 of each year. The reports provide information that can highlight some of the underlying conditions affecting a fund’s future capital gains distribution outlook; an indication of a fund’s foreign tax credit; the level of security lending in each fund, and […]

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Vanguard issues annual reports for the firm’s international and global index funds on October 31 of each year. The reports provide information that can highlight some of the underlying conditions affecting a fund’s future capital gains distribution outlook; an indication …

Under the hood – Vanguard international index funds in 2018 Read More »

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