Vanguard High Dividend Yield ETF (VYM) is an exchange-traded fund listed on NYSE ARCA, issued by Vanguard. It last traded at $161.50 (-0.68% on the day), within a 52-week range of $138.35 to $167.61. It is a large cap equity fund with 589 holdings, $95.8B in assets under management and an expense ratio of 0.04%. It launched on Nov 10, 2006.
The Vanguard High Dividend Yield ETF (VYM) aims to mirror the investment returns of the FTSE High Dividend Yield Index. This benchmark is composed of common stocks from companies renowned for their generous dividend payouts. VYM offers investors a straightforward way to gain exposure to equities expected to deliver higher-than-average dividend income. The fund adheres to a passively managed, full-replication strategy, meaning it seeks to hold all the securities found within its target index.
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