More Vanguard Funds Join the Ultracheap 'Admiral' Club
Eight more cheap Vanguard funds are getting a bit cheaper for long-term investors with fat balances.
On Monday, the $570 billion firm best-known for ultracheap index funds added even cheaper "Admiral" shares to eight funds, including four stock and balanced funds: (VWELX Quote)Vanguard Wellington, (VWNFX Quote)Vanguard Windsor II, (VQNPX Quote)Vanguard Growth & Income and (VMRGX Quote)Vanguard Morgan Growth. The new shares, now available on 28 Vanguard funds, will be available to investors with big and/or long-term stakes in Vanguard funds.
The new shares reward the most lucrative fish in the mutual fund pool -- those who have big balances and don't cash out. The move is almost certainly a nod to the competition of exchange-traded funds and other low-cost options for fund investors. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.58 | 1,108.86 | 2,175.81 | 32.75 |
Oil *
79.69
|
|
UP
126.74
|
UP
13.23
|
UP
31.21
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.38
|
|
+1.23%
|
+1.21%
|
+1.46%
|
+2.31%
|
Data delayed 20 minutes |
Connect with TheStreet