Mick Jagger and the Rolling Stones had it right when they sang, "Time Is on My Side." If you're looking to build up solid dividend income, time is on your side, too.
Launched on 09/23/2004, the Vanguard Energy ETF (VDE) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Broad segment of the equity market.
Vanguard Energy Index Fund ETF Shares has experienced significant volatility, falling from $130 to $100, now at $108; I maintain a buy rating despite macro volatility. VDE's valuation is attractive with a P/E ratio of 14.4x and a high dividend yield of 3.7%, but oil prices must stabilize. Exxon Mobil and Chevron are key holdings, comprising over 35% of VDE; their fundamentals and technicals are crucial.
![]() VDE In 2 months Estimated | Other | $0.93 Per Share |
![]() VDE 1 month ago Paid | Other | $0.93 Per Share |
![]() VDE 4 months ago Paid | Quarterly | $0.95 Per Share |
![]() VDE 7 months ago Paid | Quarterly | $0.97 Per Share |
![]() VDE 10 months ago Paid | Quarterly | $1.05 Per Share |
![]() VDE 28 Jun 2024 Paid | Quarterly | $0.95 Per Share |
![]() VDE In 2 months Estimated | Other | $0.93 Per Share |
![]() VDE 1 month ago Paid | Other | $0.93 Per Share |
![]() VDE 4 months ago Paid | Quarterly | $0.95 Per Share |
![]() VDE 7 months ago Paid | Quarterly | $0.97 Per Share |
![]() VDE 10 months ago Paid | Quarterly | $1.05 Per Share |
![]() VDE 28 Jun 2024 Paid | Quarterly | $0.95 Per Share |
ARCA Exchange | US Country |
The described fund is a financial entity that specializes in employing an indexing investment approach, aiming to mirror the performance of the MSCI US Investable Market Index (IMI)/Energy 25/50. This particular index captures a broad spectrum of U.S. companies within the energy sector across large, mid-size, and small market capitalizations, as defined by the Global Industry Classification Standard (GICS). The fund's investment strategy focuses on replicating the composition of its target index by investing all, or a substantial portion, of its assets into the stocks that constitute the index. It strives to maintain each stock in its portfolio in close proportion to its weighting within the index. It is important to note that this fund is categorized as non-diversified, which means it may invest a larger percentage of its assets in fewer stocks than a diversified fund, potentially leading to higher volatility and risk.
This approach involves creating a portfolio that aims to replicate the performance of the MSCI US Investable Market Index (IMI)/Energy 25/50. It is designed to cover the full spectrum of U.S. companies in the energy sector, irrespective of their market capitalization. The method relies on strict adherence to the index's composition, reducing active management in favor of following the market's natural fluctuations within the energy sector.
The fund invests primarily in stocks of U.S. companies that operate within the energy sector. This includes a broad range of companies including those involved in the production and distribution of energy, as well as energy equipment and services. The investment strategy seeks to include companies of varying sizes, from large-sized to small-sized entities, offering investors exposure to the entire U.S. energy sector.
As a non-diversified fund, this investment vehicle may allocate a significant portion of its assets into a limited number of stocks. This focus allows the fund to potentially capitalize on selected investments but also poses a higher risk due to reduced diversification. Investors considering this fund should be aware of the increased volatility and risk associated with the non-diversified status.