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Vanguard Drops Average Fee to Just 0.06% With Latest Cuts
Yahoo Finance· 2026-02-03 04:24
Bloomberg Vanguard Group has unleashed another round of fee cuts across its lineup of mutual funds and exchange-traded funds, further tightening the screws on an industry already known for its low costs. The Jack Bogle-founded asset manager, which oversees about $12 trillion, is lowering costs for 84 share classes of mutual funds and ETFs across 53 funds in total, Vanguard said in a press release Monday. The reductions bring Vanguard’s average asset-weighted expense ratio to 0.06%, shaving one basis poin ...