Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX)
Vanguard High Dividend Yield Index Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $50.25, up 0.30% on the session, giving a market capitalisation of $99.01B. Its beta of 0.74 implies it has historically moved less than the broad market.
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.
Vanguard High Dividend Yield Index Fund Admiral Shares is most often compared with the following Financial Services names: