Is VTSAX still a good investment?

Over the last 10 years, VTSAX has provided an over 13\% return, which is phenomenal! To put that into context, if you’d invested $10k in 2011, you’d have more than $34K in 2021! What’s great about VTSAX is that it beats around 80\% of actively managed mutual funds.

Why is VTSAX closed to new investors?

With the minimum investment lowered for VTSAX, it has effectively replaced VTSMX, hence why Vanguard closed VTSMX to new investors. The ETF can incur a trading fee, Vanguard offers a commission-free trading system.

What is so good about VTSAX?

It’s dividend yield, based on the trailing 12 months as of January, 2021, is 1.41\% with 96.6\% of those being qualified dividends, making it a very tax-efficient fund to own in a taxable brokerage account. VTSAX is the world’s first trillion-dollar fund.

Is VTSAX an open ended mutual fund?

Specifically, when an investor sells shares in a mutual fund, such as VTSAX, the investor sells the shares back to the fund (open-ended), causing the fund to redeem the shares and sell the underlying assets to provide the investor with cash equivalent to the investment.

Is Vtsax open to new investors?

The Investor shares of both funds—the Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) and Vanguard 500 Index Fund Investor Shares (VFINX) are no longer open for new investment. The only difference between the Admiral and Investor share funds is the minimum required investment.

Is VTSAX better than VTI?

Very similar expense ratio with VTI at 0.03\% and VTSAX at 0.04\%. Extremely similar returns over equivalent periods of time. Further, the overall performance of the two is roughly the same. These income-generating investments have nearly identical yields: 1.81\% for VTI and 1.80\% for VTSAX (as of 5/31/2020).

Is VTSAX open to new investors?

Why is VTSAX so good?