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Vanguard Fund Shuts Out New Money

August 1, 2016 : Permanent Link

(CNBC) At a time when dividends and buybacks are reaching a peak, signs the trend could be slowing. Vanguard is shutting new investors out of its $30 billion Dividend Growth mutual fund, which has seen $3 billion in cash inflows over the last 6 months and nearly doubled in size in the last three years, the investment manager said.

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