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Happy New Year to all- any thoughts about this fund from long time holders?Im thinking of it for my Roth. Im in my late 60s. In put would be appreciated!!
@BennyB: Hello. I'm thinking you might be a realtive new poster on the board although I see that you have made a number of visits since joining in Feberuary. Your subject fund (VEIPX) fits one of my own investment themes and that is dividend income. I have two sleeves within my own portfolio dedicated to dividend income. One is a domestic equity sleeve and the other is a global equity sleeve with both being found in the growth & income area of my portfolio.
In reviewing the Morningstar report for this fund it's 10 year return (full market cycle) is about 12%; and, it scores within the top 20% of funds within its category for the 10 year period. Although I'm not a fund analyst (just a retail investor) it looks, to me, to be a good fund. For me, I look for a little higher yield out of my dividend income funds than this fund offers even if I have to give up some total return to get the higher yield.
I've linked its Morningstar report below for viewing.
Comments
In reviewing the Morningstar report for this fund it's 10 year return (full market cycle) is about 12%; and, it scores within the top 20% of funds within its category for the 10 year period. Although I'm not a fund analyst (just a retail investor) it looks, to me, to be a good fund. For me, I look for a little higher yield out of my dividend income funds than this fund offers even if I have to give up some total return to get the higher yield.
I've linked its Morningstar report below for viewing.
https://www.morningstar.com/funds/XNAS/VEIPX/quote.html
I wish you ... Good Investing.
Old_Skeet
I agree you with that it should be held in a non-taxable account.
However, I do own VEIPX, but mine is in a taxable account unfortunately.
Also, you didn't mention what are your financial intentions?