May 30, 2024

Vanguard’s New International Fund Targets Dividend Growth

International stocks have long been out of favor and somewhat volatile, which has some investors skittish about venturing overseas. But a new actively managed fund focused on companies that are committed to raising their dividends may offer a more stable ride. 

The Vanguard International Dividend Growth (VIDGX) launched in November. It’s run by the same Wellington Management team that’s behind Vanguard Dividend Growth (VDIGX), the longtime standout U.S. stock fund, and the two mutual funds share the same investment philosophy and approach. The new fund is designed, in fact, to be paired with the U.S.-focused Dividend Growth fund.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *