the vanguard group news

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.

The Business Journals · 7h

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.

InvestmentNews · 13d

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.

Barron's · 13h

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.

Financial Planning · 8h

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 Is Wary of Junk Bonds Ahead of US Economy’s Bumpy Ride

Historically tight spreads and the prospect of a turbulent landing for the US economy have left the world’s second-largest ...

Vanguard Settlement in Target-Date Fund Case Could Come in a Week

Vanguard and a group of investors suing the company are nearing a settlement in their legal dispute over target-date funds, ...

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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 ...

12don MSN

Meet the Ultra-Low-Cost Vanguard ETF That Has 33% of Its Holdings in Nvidia, Apple, and Microsoft

With 183 holdings across a variety of sectors, a mere 0.04% expense ratio, and a combined 33.5% weighting in Nvidia, Apple, ...

SEC says Vanguard can nix human rights shareholder proposals from 2025 proxy materials

The agency agreed that two sets of the firms’ funds can exclude a proposal to provide greater transparency to ensure their ...

Gameranx3d

Vanguard is Setting the Standard For Anti-Cheat

Cheaters are nothing new in the gaming space, from an ace up the sleeve to an aimbot that’ll let you shoot a foe behind you, ...

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This Vanguard Index Fund Is a Once-in-a-Decade Buying Opportunity for the Artificial Intelligence (AI) Boom

Artificial intelligence could drive the greatest increase in U.S. electricity demand since the beginning of the century.

Grocer Lulu’s $1.72 Billion Abu Dhabi IPO Draws Vanguard, GIC

Hypermarket chain operator Lulu Retail Holdings Plc drew orders worth $37 billion for its $1.72 billion Abu Dhabi initial ...

Zacks.com on MSN1d

Is Vanguard LifeStrategy Moderate Growth Fund (VSMGX) a Strong Mutual Fund Pick Right Now?

Have you been searching for an Allocation Balanced fund? You might want to begin with Vanguard LifeStrategy Moderate Growth Fund (VSMGX). VSMGX has a Zacks Mutual Fund Rank of 3 (Hold), which is based ...

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