Vanguard Announces Lower Minimums for Admiral Shares

Yesterday Vanguard announced that it was lowering the threshold for Admiral shares on certain index funds. Admiral shares have an even lower expense ratio than the regular mutual fund shares from Vanguard.

I have long held Windsor II shares, an actively managed mutual fund, in my Roth IRA. I have long hoped I'd get to the point where these shares would convert to Admiral shares to lower my fund expenses. For a brief moment I thought I might finally reach that point, however it looks like this change only applies to some Vanguard index funds. I need to get my balance above $50k to get Admiral shares so hopefully within the next 2 years Ill be there.

Related in Stocks:

Chairmen Letters to Shareholders (Mar 09, 2014) Its that time of year again --the close of fiscal years means an overload of annual reports including Letters to Shareholders. Two annual letters that I read each year are those from Berkshire Hathaway (Warren Buffet) and Fairfax Financial (Prem...

Investment Performance January 2014 (-2.94%) (Feb 23, 2014) January 2014 Investment Report: January Highlights: January was a bad way to start out the year, but our portfolio performed slightly better thank our benchmark (-2.94% vs -3.17%). We made our regular monthly investments in our Roth IRAs, and some...

Investment Performance December 2013 (+2.20%) (Jan 10, 2014) December 2013 Investment Report: December Highlights: December was another subpar for us as our portfolio performed poorly compared to our benchmark (+2.20% vs +2.58%). We made our regular monthly investments in our Roth IRAs, and some dividends & dividend reinvestments....

Comments (1)


2million, you already are an Admiral to all of your blog fans, a financial Admiral that is! Keep steering us to financial well-being buddy!

Post a comment

(Comment moderation enabled.)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,574,185

Sponsors

New Personal Finance Articles




PF Blogs