VYMI - VYMI: A Strong Buy On Dips With A 4.8% Yield
2024-06-10 01:18:11 ET
Summary
- Vanguard International High Dividend Yield Index Fund ETF primarily invests in foreign large cap value stocks with high-yielding dividends, particularly in Europe.
- VYMI has a strong uptrend since November 2023 and is trading near all-time highs, making pullbacks potential buying opportunities.
- The fund is well-diversified with no oversized positions, offering investors peace of mind and exposure to various industries.
Vanguard International High Dividend Yield Index Fund ETF Shares ( VYMI ) primarily invests in foreign large cap value stocks that offer a high-yielding dividend. Since many European stocks offer a higher yield than their U.S. counterparts, this fund has strong European exposure and an impressive yield of about 4.8%. There is a lot to like about this fund, including the fact that it has a low expense ratio of .22%, and it has generated solid returns of just over 8.5% annually since its inception in 2016. Let's take a closer look:...
VYMI: A Strong Buy On Dips With A 4.8% Yield