Vanguard said Monday that 18 of 28 funds had slightly lower expense ratios, according to the latest reports shared with investors this month. Of the other 10 funds, the fees of eight remained unchanged, while two had small increases.
(The popular fund family released the figures for Admiral and Investor shares, as well as for Institutional and Institutional Plus shares.)
For instance, 11 target-date retirement funds (2010-2055) had a 0.01 percent decrease in expenses. The fee ratio on the Target Retirement 2030 Fund dropped from 0.18 percent to 0.17 percent.
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Janet Levaux
Editor-in-Chief Janet Levaux has covered the financial markets since 1991, with a focus on financial advisors since 2005. After graduating from Yale and the Johns Hopkins School of Advanced International Studies (SAIS), where she studied global economics, Janet worked as a freelance financial and business writer in Japan, and then as a reporter and editor for Investor's Business Daily and the Bay Area News Group in California. She earned an MBA in 2007 and since then has helped lead key ThinkAdvisor projects like its Neal-Award winning reporting on Ken Fisher, Luminaries awards program and Women in Wealth newsletter.
