Two shops run this fund.
Expense Ratio: 0.26%
Vanguard Equity-Income is a stock fund that focuses on dividends.
Two shops run this fund. Wellington Management’s Michael Reckmeyer controls two-thirds of the assets, picking firms that can sustain their dividend or raise it over time. Vanguard’s quantitative stock team screens for dividend stocks that meet four characteristics, including consistent earnings growth and relatively low prices. The fund yields 2.0%.
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And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.