Vanguard High Dividend Yield Index Fund Admiral Shares

Frequently Asked Questions About VHYAX

What does VHYAX invest in?

This index fund is designed to replicate the performance of a benchmark that broadly covers U.S. companies recognized for consistently distributing dividends exceeding the market average. Beyond the inherent risks of equity investments, the fund's inclination towards companies with more moderate growth but significant dividend yields may result in its overall returns lagging during robust bull markets. As an investment vehicle centered on income generation, it could be suitable for those with an extended time horizon and an acceptance of stock market fluctuations.

What is the expense ratio of VHYAX?

Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VHYAX?

Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) manages $96.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is VHYAX actively managed or an index fund?

VHYAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VHYAX launched?

Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) launched in February 2019 and is managed by Vanguard.

How has VHYAX performed?

VHYAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.