Blog Archives

Update: Vanguard brokerage commission expense (1994 – 2018)

Mutual funds that buy and sell stock incur costs on these transactions. These transaction costs are not included in a fund’s expense ratio. Transaction costs include brokerage commission expense, buy and sell spread costs, and market impact costs, Among these

Tagged with: , ,
Posted in Market statistics, Mutual funds

Fidelity and Schwab index funds: per share distributions

The spreadsheet links below contain annual per share distribution data for Fidelity  index funds and Charles Schwab index and index exchange-traded funds. These distributions include dividend distributions, capital gains distributions, and return of capital distributions. The data is derived from

Posted in Charles Schwab, Fidelity, Market statistics, Mutual funds

Vanguard funds: per share distributions

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

Posted in Market statistics, Mutual funds, Vanguard

Dividend Yield: Value vs. Growth

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

Posted in indexing, Market statistics, Mutual funds, Taxes, Vanguard

Under the hood – Vanguard US stock index funds in 2018

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 […]

Tagged with: ,
Posted in indexing, Market statistics, Vanguard

Under the hood – Vanguard international index funds in 2018

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

Tagged with:
Posted in international stocks, Market statistics, Vanguard

Lazy Portfolios in 2018

The following table lists 2018 total returns for various examples of “lazy portfolios”. Some of the portfolios (Coffeehouse and Coward’s) are designed as 60/40 stock/bond portfolios. Other portfolios (Armstrong Ideal and Swensen) are designed as 70/30 stock/bond portfolios. The two-fund, three-fund, and

Tagged with: , , , , , ,
Posted in Market statistics, Portfolios

Vanguard Managed Payout fund tracking error

Tracking error is one measure of judging a fund manager’s performance. Managed Payout Fund The Managed Payout Fund is designed to give investors regular monthly payouts. The fund is intended to supplement  other sources of retirement income. The Managed Payout

Tagged with:
Posted in Market statistics, Vanguard

Vanguard balanced index fund tracking error

Tracking error is the ultimate measure of judging an index fund manager’s performance. Since an index manager does not engage in security selection with an index fund, it is the manager’s transactional skill which distinguishes performance. For stock market allocations 

Tagged with:
Posted in Market statistics, Vanguard

Harry Browne’s Permanent Portfolio- 2018 update

“For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange

Tagged with:
Posted in Market statistics, Portfolios
Archives
Categories
Follow Financial Page on WordPress.com