IVA Research
A collection of 234 posts
Capital Gains Sneak Peek: 2026
Vanguard’s active funds are on pace for their biggest payouts in more than two decades. Here’s who’s paying, how much, and what to do about it.
Lunch Time in the Board Room: 2026
Do Vanguard’s Board of Trustees eat their own cooking—investing alongside the shareholders they represent?
More Munis, Same Winners
FUNDS FOCUS — TAX-FREE BOND FUNDS | Vanguard’s muni bond fund lineup keeps growing. Here are my ratings on every fund, and the few you actually need.
Make That Index Fund Look Foolish
More offense, faster sales on flagging companies and other index-beating thoughts. My interview with Dividend Growth's new co-managers, plus an update on Levering's Energy Opportunities record.
What's Changed at Dividend Growth, and What Hasn't
Two months in, Dividend Growth's new managers have reshuffled about a fifth of the portfolio, but not its defensive character. Here's my early read, and what I plan to ask them when we speak.
Worth the Trip?
FUNDS FOCUS – Foreign & Global Bond Funds | Foreign bonds haven't cost you anything—and haven't gained you much either. My take on Vanguard's five foreign and global bond funds.