Vanguard Equity Income Fund Admiral Shares (VEIRX)
Vanguard Equity Income Fund Admiral Shares operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $105.53, up 0.14% on the session, giving a market capitalisation of $67.22B. Its beta of 0.67 implies it has historically moved less than the broad market.
The Vanguard Equity Income Fund Admiral Shares is designed to deliver a consistent, above-average income stream to investors, all while providing access to the stock market. The fund's investment approach prioritizes companies known for their reliable and steady dividend payments, which often results in a higher yield compared to many other Vanguard equity mutual funds. However, this focus on more mature, income-generating businesses, rather than fast-growing ones, means its overall returns might be less robust during periods of strong bull market performance. This dividend-focused fund is well-suited for individuals with an extended investment horizon who are comfortable with the typical fluctuations of the equity market.
Vanguard Equity Income Fund Admiral Shares is most often compared with the following Financial Services names: