Income estimates for funds of funds include estimated income dividends from the underlying funds in which they invest. We plan to provide updated Vanguard Managed Payout Fund information by December 18, 2017.

Note: Vanguard Precious Metals and Mining Fund isn’t currently expected to pay a dividend.

This is an updated and expanded version of the information announced on this website on November 10, 2017. However, the information presented here isn’t final. Dividend amounts are estimated through December 31, 2017, and may change based on the net income a fund actually earns in December. All estimates are subject to change as a result of share purchase or redemption activity through each fund’s declaration date.

To see final year-end distribution rates for a fund you own, check the fund’s profile in the Investment products area of our website after the fund’s declaration date in mid- to late December. In early January, the funds’ Distributions tab will be updated to include year-end distributions for all funds.

Stock and balanced mutual funds

The file below lists the per-share net income amounts available for distribution for Vanguard stock and balanced mutual funds, as estimated through December 31, 2017. It also lists each fund’s estimated qualified dividend income (QDI) and estimated per-share capital gains to be distributed this month.

Stock and balanced mutual funds PDF


ETFs

The file below lists the per-share net income amounts available for distribution for Vanguard ETFs®, as estimated through December 31, 2017. It also lists each ETF’s estimated QDI and estimated per-share capital gains to be distributed this month.

ETFs PDF


Bond mutual funds

The file below lists the estimated per-share capital gains to be distributed this month for Vanguard bond mutual funds. Bond funds not listed here aren’t expected to distribute capital gains this year. The table also lists per-share net income amounts available for distribution, as estimated through December 31, 2017, for the following funds: Vanguard Extended Duration Treasury Index Fund, Vanguard Inflation-Protected Securities Fund, Vanguard Short-Term Inflation-Protected Securities Index Fund, and Vanguard Total International Bond Index Fund.

Bond mutual funds PDF


Notes:

All investing is subject to risk, including the possible loss of the money you invest.

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors’ shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit Investment products.

Vanguard ETF Shares are not redeemable with the issuing fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.