Tag: Security lending

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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Index fund investors can select low cost index funds from large, well-known firms such as Fidelity, Schwab, and Vanguard. One aspect of index fund investing involves the income generated by a fund lending its securities to institutional borrowers. A fund’s …

Index fund net security lending income (2018) Read More »

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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 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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Vanguard has a policy of returning 100% of after expense security lending income to its mutual funds that lend securities. The Statement of Additional Information to a fund prospectus itemizes security lending income and expenses so that the net percentage …

Vanguard index fund net security lending income (2017) Read More »

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Schwab stock index funds earn additional income by lending securities to qualified institutional borrowers. A fund’s expenses are paid out of fund earnings. Given that the US tax code gives a tax preference to dividends that qualify for lower tax …

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Fidelity stock index funds earn additional income by lending securities to qualified institutional borrowers.A fund’s expenses are paid out of fund earnings. Given that the US tax code gives a tax preference to dividends that qualify for lower tax rates, …

Fidelity index fund security lending in 2018 Read More »

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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 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 2017 Read More »

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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 of a fund’s foreign tax credit; the level of security lending in each fund, and […]

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