Passive Investment. Damit Verizon Media und unsere Partner Ihre personenbezogenen Daten verarbeiten können, wählen Sie bitte 'Ich stimme zu.' The last payment will be made in May. The fund will continue to offer a broadly diversified portfolio of equities, fixed income, commodity-linked investments, and alternative investments by investing in multiple Vanguard funds through an actively-managed asset allocation process. All investing is subject to risk, including the possible loss of the money you invest. Experienced investment advisor and managers. In 2014, the portfolios were merged into a single Managed Payout Fund with an annual target distribution rate of 4%. Mr. Ameriks will remain head of Vanguard's QEG team. The fund's structure, composition, and investment advisor will not change. Cision Distribution 888-776-0942 For more information about Vanguard funds, visit vanguard.com or call 800-662-7447 to obtain a prospectus or, if available, a summary prospectus. All data is as of January 31, 2020, unless otherwise noted. Investors who hold the fund within a tax-advantaged retirement account should consult their tax advisors to discuss tax consequences that could result if payments are distributed from their account prior to age 59½ or if they plan to use the fund, in whole or in part, to meet their required minimum distribution (RMD) obligations. To further align the oversight of Vanguard’s alternative investment products, Fei Xu will join Anatoly Shtekhman as co-portfolio manager for the Fund, replacing John Ameriks. Also, please be aware that when you use services provided by a third-party site, you're subject to that site's terms of service and privacy rules, which you should review carefully. Non-profit organizations, including endowments and foundations, may employ the multi-asset portfolio to pursue spending policy objectives or other operational revenue needs. He earned a B.S. The fund has attracted a modest asset base ($1.9 billion) and many shareholders do not utilize the monthly payout feature, choosing instead to reinvest a large amount of their distribution. Note: When you use this feature, you'll leave Vanguard's Pressroom site and go to a third-party website. Vanguard Quantitative Equity Group (QEG), the firm’s internal active fund advisory arm, will continue to manage the fund. Together, Messrs. Xu and Shtekhman also manage Vanguard Alternative Strategies Fund and Vanguard Commodity Strategy Fund and will bring their expertise in alternative investments to Vanguard Managed Allocation Fund. He received a BS from Beijing University, an MS in geophysics from UCLA, and an MBA from the Fuqua School of Business, Duke University. He has been with Vanguard for 16 years. VALLEY FORGE, PA — Vanguard announced forthcoming changes to Vanguard Managed Payout Fund, including renaming it Vanguard Managed Allocation Fund, adding a new portfolio manager, and eliminating monthly payouts in favor of an annual distribution. VALLEY FORGE, Pa., Feb. 28, 2020 /PRNewswire/ -- Vanguard today announced forthcoming changes to Vanguard Managed Payout Fund, including renaming it Vanguard Managed Allocation Fund, adding a new portfolio manager, and eliminating monthly payouts in favor of an annual distribution. Fund composition unchangedVanguard Managed Allocation Fund will continue to invest in a diversified portfolio of Vanguard funds, including but not limited to: Vanguard Total International Stock Index Fund, Vanguard Alternative Strategies Fund, Vanguard Total Bond Market II Index Fund, Vanguard Total Stock Market Index Fund, Vanguard Global Minimum Volatility Fund, Vanguard Commodity Strategy Fund, Vanguard Total International Bond Index Fund, Vanguard Ultra-Short-Term Bond Fund, Vanguard Value Index Fund, Vanguard Market Neutral Fund, and Vanguard Emerging Markets Stock Index Fund. Introduced in 2008, Vanguard offered three managed payout portfolios designed to supplement an investor’s income stream in retirement, with each portfolio featuring specific payout and principal objectives. He also holds the Financial Risk Manager designation. The change to the portfolio management team is effective immediately; the investment objective and principal investment strategy will be changed in the second quarter to reflect the cessation of monthly payments. The fund is proportionately subject to the risks associated with its underlying funds, which may invest in stocks (including stocks issued by REITs), bonds, cash, inflation-linked investments, commodity-linked investments, long/short market neutral investments, and leveraged absolute return investments. The fund's structure, composition, and investment advisor will not change. “Vanguard Managed Allocation Fund provides investors with a sophisticated, actively-managed, endowment-like portfolio at a low cost,” said Matt Brancato, head of Vanguard’s Portfolio Review Department. Fei Xu, CFA, a portfolio manager at Vanguard. Going forward, investors seeking a regular stream of cash distributions can establish an automatic withdrawal plan stipulating a specified amount of their fund shares to be redeemed monthly or at a regular interval of their choosing. Submitted. Mr. Ameriks will remain head of Vanguard’s QEG team. Yahoo ist Teil von Verizon Media. The last scheduled monthly payout will occur in May. in mathematics from the University of Scranton, an M.S. The last scheduled monthly payout will occur in May. Vanguard Marketing Corporation, Distributor of the Vanguard Funds. For example, depending on the time horizon, retirement income needs, and tax bracket, an investment in the fund might not be appropriate for younger investors not currently in retirement, for investors under age 59½ who may hold the fund in an IRA or other tax-advantaged account, or for participants in employer-sponsored plans. Non-profit organizations, including endowments and foundations, may employ the multi-asset portfolio to pursue spending policy objectives or other operational revenue needs. VALLEY FORGE, Pa., Feb. 28, 2020 /PRNewswire/ -- Vanguard today announced forthcoming changes to Vanguard Managed Payout Fund, including renaming it Vanguard Managed Allocation Fund, … The QEG team is comprised of 37 professionals spanning portfolio management, strategists, and analysts, and manages more than USD44.5 billion in assets under management across 40 mandates. “The fund remains an appealing option for individual investors seeking long-term capital appreciation and moderate income as a complement to their retirement strategy.” in finance from Boston College, and an M.B.A. from the Wharton School of the University of Pennsylvania. Please consider supporting us in our efforts. About VanguardVanguard is one of the world's largest investment management companies. "Vanguard Managed Allocation Fund provides investors with a sophisticated, actively-managed, endowment-like portfolio at a low cost," said Matt Brancato, head of Vanguard's Portfolio Review Department. Dies geschieht in Ihren Datenschutzeinstellungen. Non-profit organisations, including endowments and foundations, may employ the multi-asset portfolio to pursue spending policy objectives or other operational revenue needs. “Vanguard Managed Allocation Fund provides investors with a sophisticated, actively-managed, endowment-like portfolio at a low cost,” says Matt Brancato, head of Vanguard’s Portfolio Review Department. Going forward, investors seeking a regular stream of cash distributions can establish an automatic withdrawal plan stipulating a specified amount of their fund shares to be redeemed monthly or at a regular interval of their choosing. For more information, visit vanguard.com. The last payment will be made in May. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. The fund is expected to retain an expense ratio of 0.32%, making the fund one of the lowest-cost options in the $308.6 billion U.S. World Allocation Morningstar category.1. Post was not sent - check your email addresses! As of January 31, 2019, Vanguard managed $6.2 trillion in global assets. “The fund remains an appealing option for individual investors seeking long-term capital appreciation and moderate income as a complement to their retirement strategy.”. Jhene Aiko says she noticed ‘potential predators’ when she entered the music industry at 13, Beijing furious over Pompeo's Taiwan comments, warns of action, http://www.prnewswire.com/news-releases/vanguard-announces-changes-to-managed-payout-fund-301013369.html. "The fund remains an appealing option for individual investors seeking long-term capital appreciation and moderate income as a complement to their retirement strategy.". Vanguard Quantitative Equity Group (QEG), the firm's internal active fund advisory arm, will continue to manage the fund. The change to the portfolio management team is effective immediately; the investment objective and principal investment strategy will be changed in the second quarter to reflect the cessation of monthly payments. The change to the portfolio management team is effective immediately; the investment objective and principal investment strategy will be changed in the second quarter to reflect the cessation of monthly payments. Diversification doesn't ensure a profit or protect against a loss in a declining market. The last payment will be made in May. The fund has attracted a modest asset base (USD1.9 billion) and many shareholders do not utilise the monthly payout feature, choosing instead to reinvest a large amount of their distribution. He has been with Vanguard for 13 years, has managed investment portfolios since 2016, and has co-managed the fund since 2016. He earned a B.S. aus oder wählen Sie 'Einstellungen verwalten', um weitere Informationen zu erhalten und eine Auswahl zu treffen. Non-profit organizations, including endowments and foundations, may employ the multi-asset portfolio to pursue spending policy objectives or other operational revenue needs. Financial advisors can utilize the fund as an element in a broader retirement income program. The QEG team is comprised of 37 professionals spanning portfolio management, strategists, and analysts, and manages more than $44.5 billion in assets under management across 40 mandates. Diversification doesn't ensure a profit or protect against a loss in a declining market. Thanks for visiting! MyChesCo brings reliable information and resources to Chester County, Pennsylvania. Together, Messrs. Xu and Shtekhman also manage Vanguard Alternative Strategies Fund and Vanguard Commodity Strategy Fund and will bring their expertise in alternative investments to Vanguard Managed Allocation Fund. VALLEY FORGE, PA (February 28, 2020)—Vanguard today announced forthcoming changes to Vanguard Managed Payout Fund, including renaming it Vanguard Managed Allocation Fund, adding a new portfolio manager, and eliminating monthly payouts in favor of an annual distribution. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. The last scheduled monthly payout will occur in May. All data is as of January 31, 2020, unless otherwise noted. Review the information carefully with your financial advisor before deciding whether the fund is right for you.