Intro Guide To The Vanguard LifeStrategy Income Investor Fund
Vanguard LifeStrategy Income Investor Fund (VASIX) a Zacks Rank #1 (Strong Buy) was created in September 1994. The objective of VASIX is to seek a high level of income. VASIX does not buy securities directly; instead, it invests in four Vanguard funds: a stock fund, two bond funds, and an asset allocation fund. This gives VASIX exposure to a broadly diversified group of U.S. stocks and various types of bonds. VASIX invests fixed percentages of its assets in the four Vanguard funds, but its proportion of exposure to stocks, bonds, and cash may change from time to time because of changes in the asset allocation fund.
This Allocation Balanced product, as of the last filing, allocates their fund in six major groups; Intermediate Bond, Foreign Bond, Foreign Stock, Large Value, Large Growth and Small Value. As of the last filing, Vanguard Total Bond Market Index, Vanguard Total International Bond Index and Vanguard Total Stock Market Index were the top holdings for VASIX.
The Vanguard LifeStrategy Income Investor fund, managed by Vanguard Group, carries an expense ratio of 0.14%, and requires a minimal initial investment of $3,000.
VASIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 3.88% and 5 year 3.86%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
VASIX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 55% over the past 3 years, and in the 69% over the past 5 years.
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