The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Vanguard Fund Completes its Transition Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 19, 2009

A Vanguard Fund Completes its Transition

by: Meredith Mazzilli

Vanguard has finished a change in one of its index funds. The firm completed the transition of its Vanguard Developed Markets Index Fund from investing directly in individual stocks and/or a combination of Vanguard mutual funds to investing substantially all of its assets directly in the common stocks included in its target index, according to an SEC filing.

The fund's underlying index and overall investment objectives will remain unchanged.

Vanguard first revealed its intentions to change the structure of the fund in a March release. The impetus behind the structural change appears to be that the new structure allows the funds to pass through foreign taxes paid on the directly held securities. Thus, investors can credit these taxes against their tax liability or take a deduction against their taxable income. The adjustments are not expected to have any impact on the fundís existing expense ratio.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use