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Vanguard’s Active Dividend Growth Fund Is Closed But Investors Can Still Buy An Index
FYI: Christine Benz at Morningstar circles back on the fund closure given that VDIGX has been one her “core” portfolio recommendations for retirees. She notes that the fund’s built-in protection mechanism of owning stocks with strong balance sheets made it a solid choice for those who need their nest eggs intact — it lost about 10 percentage points less than the S&P 500 in 2008, for example.
