Friday, August 25, 2006

Vanguard To Offer New Dividend Fund

Good news for dividend investors. Morningstar.com reported today that Vangurad will launch Vanguard High Dividend Yield Index Fund in the fourth quarter of this year. The fund, which tracks FTSE High Dividend Yield Index, will also be available in ETF shares. The mutual fund will have an expense ratio of 0.40%.


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