Daniel Sotiroff

1 week ago | morningstar.com | Daniel Sotiroff |Susan Dziubinski

Susan Dziubinski: We talked a little bit, of course, about that shift toward the ETF part of the business rather than the mutual fund part of the business. Did Vanguard launch, would you say, any notable ETFs in 2024 that maybe investors should have on their radar? Daniel Sotiroff: Yes. This has been an area where they’ve been very busy. We’ve seen a lot more launches coming out of Vanguard in the last, say, year and a half than we probably have seen in a long time.

3 weeks ago | morningstar.com | Daniel Sotiroff |Susan Dziubinski

Susan Dziubinski: Did Morningstar upgrade or downgrade its Medalist Ratings on any what we might call “notable” Vanguard funds last year, and what were those changes? Daniel Sotiroff: Not a lot. And again, this goes back to what we were talking about with performance. There isn’t a lot that changes, and that’s one of the reasons we like Vanguard. As long-term investments, you shouldn’t see a lot of things that are changing, so not a lot of changes.

1 month ago | morningstar.com | Daniel Sotiroff |Susan Dziubinski

Susan Dziubinski: How about manager departures or subadvisor changes at Vanguard last year? Were there any that you would say were particularly notable, and if yes, were there any changes to any of the Morningstar Medalist Ratings as a result of a manager change? Daniel Sotiroff: So, there were a few changes. The first one, and I think you actually brought this up, was Jean Hynes on Vanguard Health Care VGHCX. This was somewhat of an expected departure.

1 month ago | morningstar.com | Daniel Sotiroff |Susan Dziubinski

Susan Dziubinski: All right, so talk a little bit, Dan, about flows last year at Vanguard’s funds, the index funds versus the active funds. How would you describe the story on the flows front? Daniel Sotiroff: So to sum it up, it’s not a problem, right? Vanguard’s doing great in this department. Unlike a lot of other managers that are sort of struggling, Vanguard is actually winning and winning by a lot. So if you add up their US mutual funds and ETFs, Vanguard brought in $222 billion last year.