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Morningstar

Vanguard High Dividend Yield Index Adm VHYAX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 31.55  /  0.35 %
  • Total Assets 48.5 Bil
  • Adj. Expense Ratio
    0.080%
  • Expense Ratio 0.080%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 3.08%
  • Turnover 9%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis VHYAX

Will VHYAX outperform in future?

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

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 steady approach to higher yield.

Director Bryan Armour

Bryan Armour

Director

Summary

Vanguard High Dividend Yield strikes a balance between higher yield and the inherent risks. Weighting stocks by market cap steers the fund toward more stable, large-cap stocks and away from those whose dividends may be distressed. Its consistently strong risk/reward profile underpins its Process Pillar rating upgrade to High from Above Average.

by Bryan Armour
Rated on Published on

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Portfolio Holdings VHYAX

More VHYAX Holdings
  • Current Portfolio Date
  • Equity Holdings 462
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 25.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Exxon Mobil Corp

3.34
2,054,242,589
Energy

JPMorgan Chase & Co

3.16
1,945,704,209
Financial Services

Johnson & Johnson

2.88
1,771,749,100
Healthcare

Broadcom Inc

2.78
1,713,177,319
Technology

Procter & Gamble Co

2.68
1,652,103,051
Consumer Defensive

The Home Depot Inc

2.47
1,521,431,824
Consumer Cyclical

Chevron Corp

2.11
1,296,646,859
Energy

Merck & Co Inc

2.05
1,258,816,210
Healthcare

AbbVie Inc

1.92
1,179,371,488
Healthcare

PepsiCo Inc

1.81
1,114,584,466
Consumer Defensive