Vanguard has changed its expense ratios on five mutual funds across multiple share classes, increasing expenses on five funds and lowering fees on two. The changes were made to funds with fiscal years ending January 2022.
The funds on which expense fees were cut are Vanguard Health Care Fund Investor Shares (VGHCX), from 32 to 30 basis points (one one-hundredth of a percentage point), and Vanguard Health Care Fund Admiral Shares (VGHAX), reduced from 27 to 25 basis points (bps), the firm said in a press release Friday.
Funds whose expense fees were raised by one basis point are: Vanguard Dividend Growth Fund (VDIGX)(26 bps to 27 bps), Vanguard Global Capital Cycles Fund (VGPMX) (35 to 36 bps); Vanguard Global ESG Select Stock Fund Investor Shares (VEIGX) (55 to 56 bps); and Vanguard Global ESG Select Stock Fund Admiral Shares (VGPMX) (45 to 46 bps).
Fees were raised by four basis points on Vanguard Investor Fund Energy Shares (VGENX) (37 to 41 bps) and the Vanguard Global ESG Select Stock Fund Admiral Shares (VGELX) (29 to 33 bps).
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