Mutual funds that buy and sell stock incur costs on these transactions. These transaction costs are not included in a fund’s expense ratio. Transaction costs include brokerage commission expense, buy and sell spread costs, and market impact costs, Among these…
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Update: Vanguard brokerage commission expense (1994 – 2018)
Tagged with: index funds, Stocks, Vanguard brokerage commissions
Posted in Market statistics, Mutual funds
Posted in Market statistics, Mutual funds
Vanguard stock index fund turnover in 2018
Vanguard’s suite of U.S. stock index funds are benchmarked to CRSP indexes. In addition, Vanguard offers sets of U.S. exchange-traded funds benchmarked to Russell and S&P indexes. In 2015 the CRSP index funds had lower turnover rates in most style categories when compared to the Russell and S&P funds. This continues a trend established
Under the hood – Vanguard US stock index funds in 2018
Vanguard issues annual reports for the firm’s international and global index funds on October 31 of each year. The reports provide information that can highlight some of the underlying conditions affecting a fund’s future capital gains distribution outlook; an indication of a fund’s foreign tax credit; the level of security lending in each fund, and […]
Tagged with: index funds, Security lending, Under the hood
Posted in Indexing, Market statistics, Vanguard
Posted in Indexing, Market statistics, Vanguard
Vanguard index fund net security lending income (2017)
Vanguard has a policy of returning 100% of after expense security lending income to its mutual funds that lend securities. The Statement of Additional Information to a fund prospectus itemizes security lending income and expenses so that the net percentage…
Update: Vanguard brokerage commission expense (1994 – 2017)
Mutual funds that buy and sell stock incur costs on these transactions. These transaction costs are not included in a fund’s expense ratio. Transaction costs include brokerage commission expense, buy and sell spread costs, and market impact costs, Among these…
Tagged with: index funds, Stocks, Vanguard brokerage commissions
Posted in Market statistics, Mutual funds
Posted in Market statistics, Mutual funds
Schwab index fund security lending in 2017
Schwab stock index funds earn additional income by lending securities to qualified institutional borrowers. A fund’s expenses are paid out of fund earnings. Given that the US tax code gives a tax preference to dividends that qualify for lower tax…
Fidelity index fund security lending in 2018
Fidelity stock index funds earn additional income by lending securities to qualified institutional borrowers. A fund’s expenses are paid out of fund earnings. Given that the US tax code gives a tax preference to dividends that qualify for lower tax…
Under the hood – Vanguard US stock index funds in 2017
Vanguard issues annual reports for the firm’s international and global index funds on October 31 of each year. The reports provide information that can highlight some of the underlying conditions affecting a fund’s future capital gains distribution outlook; an indication of a fund’s foreign tax credit; the level of security lending in each fund, and […]
Tagged with: index funds, Security lending, Under the hood
Posted in Indexing, Market statistics, Vanguard
Posted in Indexing, Market statistics, Vanguard
Vanguard stock index fund turnover in 2017
Vanguard’s suite of U.S. stock index funds are benchmarked to CRSP indexes. In addition, Vanguard offers sets of U.S. exchange-traded funds benchmarked to Russell and S&P indexes. In 2015 the CRSP index funds had lower turnover rates in most style categories when compared to the Russell and S&P funds. This continues a trend established […]
Update: Vanguard brokerage commission expense (1994 – 2016)
Mutual funds that buy and sell stock incur costs on these transactions. These transaction costs are not included in a fund’s expense ratio. Transaction costs include brokerage commission expense, buy and sell spread costs, and market impact costs, Among these…
Tagged with: index funds, Stocks, Vanguard brokerage commissions
Posted in Market statistics, Mutual funds
Posted in Market statistics, Mutual funds
- Episode 055: Edward Chancellor on economic history and today’s markets, host Rick Ferri March 3, 2023
- Episode 054: Christine Benz discusses taxes and safe withdrawal rates in retirement, host Rick Ferri January 29, 2023
- Episode 053: JL Collins on the simple path to wealth, host Rick Ferri December 27, 2022
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