The Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) sits in a lot of income portfolios as the foreign-stock complement to a domestic dividend sleeve, and its payouts have grown noticeably over the past three years.
This article provides in-depth coverage of Vanguard's $19B International High Dividend Yield ETF, a well-established and well-diversified fund with a cheap 0.07% ER and an estimated yield approaching 4%. VYMI offers adequate exposure to European, Pacific, Canadian, and Emerging Markets, though is heavily tilted to Financials (42%). Nevertheless, strong dividend growth is likely sustainable, given how my fundamental analysis reveals high sales and EPS growth rates, 15% profit margins, and a 14% portfolio-level ROIC.
VYMI: Strong International Equity ETF, Cheap Valuation, Good Dividend Yield And Growth
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 120,420 | $8.78M | $12.18M | $3.4M | 38.73% |
| CE Curtis Ellergodt Rothschild Investment LLC | 152 | $10,458 | $15,370.24 | $4,912.24 | 46.97% |
| TM Tom McDonald Richards, MERRILL & PETERSON Inc. | 1,094 | $77,979.68 | $110,920.66 | $32,940.98 | 42.24% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 35,937 | $3.15M | $3.63M | $476,386.91 | 15.12% |
| BS Bill Scoggins FIRST CITIZENS INVESTOR SERVICES Inc. | 12,810 | $1.1M | $1.3M | $199,903.15 | 18.25% |
| NASDAQ (NMS) Exchange | US Country |
The company operates an investment fund that strategically focuses on replicating the performance of a carefully selected index. This index comprises companies situated in both developed and emerging markets, with the notable exclusion of the United States. The primary criterion for the selection of these companies is their potential to offer above-average dividend yields. By employing a sampling strategy, the fund seeks to invest in a wide array of securities that collectively mirror the index's key attributes, ensuring a diversified investment portfolio for its stakeholders.
This product consists of investing in a diversified collection of securities designed to approximate the overall performance and characteristics of the fund's targeted index. The aim is to combine the benefits of broad market exposure with the potential for above-average dividend yields, particularly focusing on companies outside of the United States.
The fund specifically invests in companies located in developed and emerging markets, offering investors the opportunity to diversify their portfolio internationally. This approach allows investors to explore investment opportunities in various economic landscapes while aiming for high dividend yields.
One of the key selection criteria for the index this fund mirrors is the forecast of above-average dividend yields. This entails a meticulous analysis of companies' financial health and their ability to sustain and potentially increase dividend payouts, aiming to provide a steady income stream to investors alongside capital appreciation opportunities.