Vanguard Dividend Growth Fund Review – VDIGX
This Vanguard Dividend Growth Fund Review (VDIGX) is looking closely at this investment to provide you with what you need to know to make a sound investment.
The statistics and recommendations at the onset of looking at this fund are positive. Morningstar rates this as a low risk high return investment. The assets of this fund are in 49 different stocks with the largest sector being health care with just under 18% of the holdings. The investment strategy is to provide investors with a steady flow of income for long term investment and long term capital appreciation.
The makeup of the assets is 95.4% in stocks of which 6.9% is overseas. The remainder is in cash holdings.
The performance of this fund last year was 21.74% before taxes. For the past 12 months ending on February 28, 2010 the annualized return has increased to 40.97%. The volatility measurers of this fund covering the past three years are a beta at 0.79, the R squared at 96 and the standard deviation of 16.12. The expense ratio as of May 2009 was at 0.32%.
There is a minimum of $3000 required to invest in the mutual fund for general accounts and IRA’s. For educational saving accounts the minimum is only $2000.
Like many of the Vanguard funds this fund changed its benchmark from the Russell 1000 index on January 31, 2010 to the Dividend Achievers Select Index. This index is managed by Mergent Inc exclusively for Vanguard.
The Vanguard Dividend Growth Fund Review (VDIGX) still looks positive even after the index change and appears to still be a sound investment.
For more reference about investments from Vanguard on this site please view Vanguard FTSE All-World ex-US ETF and Vanguard Sector Index Funds.
For additional resources about ETF”s, please view Best S&P 500 ETF Funds which is one our sister site of ETFinvestingblog.com.
Even further resources about mutual funds and other investments from Fidelity on another sister site of ours is mutualfundexplorer.com please view Fidelity Destiny II Fund (FDETX).
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.