Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I came across these recently while looking around the Vanguard website.

The symbols for them: VPDFX, VPDGX VPGFX.

They seems to be a "crossover" between annunities and regular mutual funds. The difference is that depending on which fund you choose, you receive a monthly payout, or can choose to reinvest the interest/dividend payments. We don't need the income, but would like this money to grow.

From the research I found, they were started in 2008, and I've read some very positive reviews and some that really blasted this idea.

We have some CDs coming due in between Aug. and January (goodbye Pen Fed and the 6.25%). This means we're looking at alternatives.

Any thoughts on these or are we just better off buying some Vanguard funds and staying away from these hybrids?
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.