Dividend funds can be a refuge in difficult market waters
Column Barron Income has recently focused on the best dividends over the past five years. It is a way of understanding which strategies and actions have worked for equity investments.
The first episode focused on the five best performing ETFs in the last decade. The second included the five best actively managed funds.
Continuing on this theme, these are three dividend management funds most actively managed by the next top performer level: The
Vanguard Dividend Growth
(ticker: VDIGX), which is closed to new investors; the
Bishop Street Dividend Value
(BSLIX) and the
Madison Dividend Income
Morningstar provided a list of around 250 dividend-focused funds, including ETFs, and we classified the funds based on total five-year returns starting February 28th.
The $ 34 billion Vanguard Dividend Growth fund has a five-year annual return of 10.19%, compared to 10.67% for the S&P 500 index. It ranks sixth among actively managed funds , followed by the Bishop Street Fund and the Madison fund.
The Vanguard fund boasts by far the lowest expense ratio of three to 0.26%, according to Morningstar. The giant asset manager can spread its costs on a much broader basis of activity than many other companies, leading to lower costs.
The Madison fund's expense ratio of $ 153 million is 0.95% and the Bishop Street Fund is 1.05%. The assets of that fund amount to about 40 million dollars.
The first three funds of the Vanguard fund have been recently
(KO), and the confidence of real estate investments
The most important holdings of the Bishop Street fund have been included
Johnson & Johnson
(MSFT). The five-year annual return is 10.08%.
As for Madison Dividend Income, whose annual five-year yield is just under 10%, its most important holdings have recently included
Procter & Gamble
Johnson & Johnson
Write to Lawrence C. Strauss at email@example.com