Mutual Funds & ETFs

It has been just under a year since the Vanguard International High Dividend Yield ETF (VYMI) first featured here. Remember this is basically a sister to domestic-focused VYM – the Vanguard High Dividend Yield ETF – which I’m sure many readers will know quite well. Despite its name suggesting otherwise, the selection process here is slightly more refined than just collecting the highest yielding stocks…

A couple of dividend-focused ETFs have appeared on the site to date. These were the Vanguard High Dividend Yield ETF (VYM) and its cousin, the Vanguard International High Dividend Yield ETF (VYMI). Despite their names, they are not as crude as simply picking the highest yielding stocks out there. That said, they will always offer ‘above average’ yields due to the methodology of their indices.…

Around three months ago I briefly profiled Vanguard’s High Dividend Yield ETF, or VYM for short. As a reminder, this is basically a domestic large-cap value fund that aims to track the FTSE High Dividend Yield Index. It takes the broader index, eliminates REITs and non-dividend paying stocks, then ranks what’s left in order of dividend yield. It then goes down this list until half the total market-cap…

I had a discussion recently about the profiles of the folks who go on to become secret dividend millionaires. Regular readers know this all from memory by now, but typically these people remain unmarried, childless, display ultra-frugality and extreme longevity. In short, the kind of lifestyle that not many people actually have in the real world.

Although I don’t often cover domestic equity index funds, I’ll make an exception for the Vanguard High Dividend Yield ETF (VYM). VYM has become very popular with income hunters over the past decade due to the persistently low interest rate environment. I also prefer it over broader-based index funds such as the Fidelity 500 Index Fund (FXIAX) and the Vanguard 500 Index Fund (VFIAX) because of…