Quick Take
A collection of 38 posts
More or Less Confusing?
Imagine changing your name after 45 years! Launched in September 1977, Short-Term Tax-Exempt (VWSTX) will be called Ultra-Short-Term Tax-Exempt starting at the end of February 2023. Frankly, the name change is overdue as it always created some confusion among investors—or maybe it was just me who got tripped up
Vanguard Shuffles the Deck … Again
When I reviewed MidCap Growth (VMGRX) at the start of the month, I said that “Vanguard continues to shuffle the managers at MidCap Growth in search of a winning hand.” Well, I had no idea that Vanguard was about to take a card out of the deck so quickly. Today
Get It While It’s Hot, Or Not
Public Service Announcement: PRIMECAP Odyssey Aggressive Growth has reopened.
Climate Confusion
In yesterday’s Weekly Brief, I told you that pressure from state attorneys general over Vanguard’s involvement in groups like Net Zero Asset Managers (NZAM) might put their ability to run their index funds at risk. Well, Vanguard caved to the political pressure. On Wednesday they exited the emission-reduction
Expenses At Stasis
The first batch of annual reports for a slew of Vanguard funds is out and, well, if you were hoping to see expenses falling, think again. The August fiscal year numbers are in. And out of 98 different share classes, just three saw expenses fall, while eight saw expenses rise.
You may trust, but we will verify
Give Vanguard credit for trying to educate investors about bear markets, staying the course and what I like to call “time in the markets, not market timing.” But come on, at least get your charts to agree with your data. Vanguard posted an article on its investor website, “Keeping performance