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.
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 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.
Understanding Taxes on Mutual Funds Dividends
Mutual funds must distribute almost all their net income and realized capital gains to their shareholders annually. These distributions, also called dividends, can lead to confusion at tax time. The Internal Revenue Service (IRS) treats ordinary dividends, qualified dividends, and capital gains distributions differently.
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.
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.
Navigating The New TSP Mutual Fund Window: Opportunities For Financial Advisors
For financial advisors, the introduction of the Mutual Fund Window offers an opportunity to expand services and provide ...
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Domestic investors lead as mutual fund inflows push DII share to new height
Mutual Funds - Cafemutual is a complete guide on mutual fund business giving you all the mutual fund news, mutual fund analysis in India. At Cafemutual you will get mutual fund news with a focus on ...
How to pick the right mutual fund for your portfolio in 8 simple steps
Learn the key factors when picking a mutual fund. Discover the different types, risks, and benefits of investing in these ...
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SIP, STP, or SWP: Which mutual fund strategy should you choose?
If you’re planning to invest in mutual funds, you’ve likely heard about SIP, or Systematic Investment Plans. SIPs are a ...
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Is Hartford Growth Opportunities A (HGOAX) a Strong Mutual Fund Pick Right Now?
If you have been looking for Mid Cap Growth fund category, a potential starting could be Hartford Growth Opportunities A (HGOAX). HGOAX bears a Zacks Mutual Fund Rank of 3 (Hold), which is based on ...
FSMDX: Reviewing The MidCap Fund I Bought My Mom
Learn about the Fidelity Mid Cap Index Fund (FSMDX) and its performance compared to actively-managed funds, with a focus on ...
Mutual fund advantages you need to know
Discover the key advantages of mutual funds, including attractive returns, convenience, and built-in diversification.
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Is Vanguard LifeStrategy Moderate Growth Fund (VSMGX) a Strong Mutual Fund Pick Right Now?
VSMGX is a part of the Vanguard Group family of funds, a company based out of Malvern, PA. Since Vanguard LifeStrategy Moderate Growth Fund made its debut in September of 1994, VSMGX has garnered more ...
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Most wanted stocks of 2024: Fund managers bullish on these 3 AI companies
In this article, we will examine three AI stocks that have consistently been favoured by mutual fund managers. These ...