Vanguard to pay $40 million to mutual fund investors stuck with big tax bills
Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit claiming it stuck ordinary investors in its popular target-date retirement funds with surprisingly large tax bills.
3 Top Vanguard Mutual Funds to Keep an Eye on
Invest in Vanguard mutual funds like VGENX, VQNPX and VASVX, which are expected to perform well in the future.
Vanguard to pay $40M to settle 'elephant stampede' investor case
Target-date fund holders who invested through taxable accounts absorbed a giant capital gains distribution because of the firm's flub, the plaintiffs say.
Vanguard reaches $40M settlement over investors hit with high tax bills
The lawsuit said the investment management giant’s decision to open some of its target date retirement funds to smaller shareholders led to surprisingly large tax bills.
Vanguard culling its legacy mutual fund account system by end of 2025
For advisors who still have clients invested in mutual funds directly through Vanguard’s legacy transfer agent system, that company dropped some big news: That option is closing at the end of 2025. But there may not be very many advisors using that route to invest client assets anymore.
These tips for investing in mutual funds and ETFs are a vote for your money
Sign up here to get MarketWatch’s highlights of the most timely ETF news emailed to you weekly. Is the stock market expensive? Not if you know where to look. Read More The stock market will not keep going up forever.
Is Vanguard Small-Cap Index Investor (NAESX) a Strong Mutual Fund Pick Right Now?
NAESX is a part of the Vanguard Group family of funds, a company based out of Malvern, PA. Since Vanguard Small-Cap Index Investor made its debut in March of 1975, NAESX has garnered more than $345.94 million in assets. The fund's current manager, William Coleman, has been in charge of the fund since April of 2016.
Vanguard Reaches $40 Million Settlement in Target-Date Fund Lawsuit
The lawsuit was brought by a group of investors who say changes Vanguard made to target-date funds resulted in them getting stuck with massive tax bills.
7 Best Vanguard Funds to Buy and Hold
Moreover, the proliferation of exotic exchange-traded funds (ETFs) is fueling this trend. Today, investors seeking to ...
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Vanguard to Pay $40M in Target-Date Sell-Off Case
Vanguard has agreed to pay $40 million to settle a long-running lawsuit over a selloff that investors likened to an ...
Forbes4d
9 Best Vanguard Mutual Funds
Paul Katzeff is an award-winning journalist who has written four books about how to grow your 401(k) retirement nest egg and one about internet investing. He has worked as a senior reporter/writer ...
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FX appetite drives up mutual funds assets by 81.5 % to N3.5trn
The obsession for foreign currency, specifically the USDollar, has driven investors towards dollar denominated financial ...
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BlackRock Seeks to Offer Vanguard-Style ETF Shares in Mutual Funds
The firm joins dozens of others who've made similar requests since Vanguard's patent on the structure expired.