The Independent Vanguard Adviser

Topic

Vanguard Costs

A collection of 3 stories

Alternative Costs

Did Alternative Strategies (VASFX) run into some trouble earlier this year? Some time between November 2021 and April 2022 Vanguard paid $637,000 into the fund to cover “higher-than-anticipated costs associated with short sale transactions.” As you may recall, the fund uses a variety of strategies to achieve a goal

Who Are Vanguard’s Pros?

Vanguard has increasingly turned to outside help, and it’s costing shareholders millions. Over the last year or so, Vanguard funds and shareholders have paid out a growing amount of money in two unexplained categories, revealed on their statements of operations—almost $20 million for “professional services” and more than

No More Cuts

Prices of goods and services of all shapes and sizes shot higher last year. Not even Vanguard, historically a cost-cutting machine, was able to buck the trend. Yes, costs (read, expense ratios) rose at Vanguard in 2022.