Morningstar

Vanguard High Dividend Yield Index Fund Admiral VHYAX

Medalist Rating as of Apr 25, 2026 See Vanguard Investment Hub

Will VHYAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VHYAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the VHYAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of VHYAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sensible approach to higher income.

Director Bryan Armour

Bryan Armour

Director

Summary

Vanguard High Dividend Yield strikes a nice balance between higher-yielding stocks and distressed yield traps. Its ability to manage risk should provide an advantage over most of its Morningstar Category peers.

by Bryan Armour

Rated on Apr 25, 2026 Published on Apr 25, 2026

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