{"id":1847425,"date":"2023-02-15T06:06:04","date_gmt":"2023-02-15T11:06:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1847425"},"modified":"2023-02-15T06:06:45","modified_gmt":"2023-02-15T11:06:45","slug":"vanguard-to-liquide-its-first-mutual-fund-since-2020","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vanguard-to-liquide-its-first-mutual-fund-since-2020\/","title":{"rendered":"Vanguard to Liquide Its First Mutual Fund Since 2020"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fvanguard-to-liquide-its-first-mutual-fund-since-2020%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1847425&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/02\/bf1fc3b371251da0f3f357ddca36a8b5\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p>(Bloomberg). Vanguard Group, an asset manager, plans to close a US mutual fund. This is the first time that this has been done since the pandemic.<\/p>\n<p>Bloomberg: Most Read<\/p>\n<p>According to Tuesday&#8217;s press release, Vanguard Alternative Strategies Fund (ticker VASFX), the $98 million Vanguard Alternative Strategies Fund will be liquidated in 2023&#8217;s second quarter. This fund, which was established in 2015, will be liquidated. \u201chas not gained broad acceptance among investors,\u201d Vanguard stated.<\/p>\n<p>According to a spokesperson, the liquidation is the first time Vanguard, Malvern-based in Pennsylvania has shut down a mutual funds since winding up the NJ Municipal Money Market Fund (and PA Municipal Money Market Fund) in 2020. The move follows a brutal year for asset managers as the Federal Reserve\u2019s historically aggressive tightening campaign pummeled both stocks and bonds, driving investors to yank billions of dollars from mutual funds.<\/p>\n<p>\u201cLiquidations are part of the fund life cycle, and they tend to increase in tough markets,\u201d Eric Balchunas at Bloomberg Intelligence is a senior analyst on exchange-traded funds. \u201cWe expect to see more of this in the coming year.\u201d<\/p>\n<p>Vanguard, which oversees $7.6 trillion worth of assets, also announced Tuesday it would merge the Vanguard Managed Allocation Fund ($1.2 billion) with the Vanguard LifeStrategy Moderate Growth Fund (17.9 Billion). The Vanguard U.S. Fund was liquidated by the firm in November. Liquidity Factor ETF, (VFLQ), was the firm&#8217;s first ever US ETF to be closed.<\/p>\n<p>Bloomberg Businessweek Most Read<\/p>\n<p>\u00a92023 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg). Vanguard Group, an asset manager, plans to close a US mutual fund. This is the first time that this has been done since the pandemic. Bloomberg: Most Read According to Tuesday&#8217;s press release, Vanguard Alternative Strategies Fund (ticker VASFX), the $98 million Vanguard Alternative Strategies Fund will be liquidated in 2023&#8217;s second quarter. This &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1847428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[3652,4338,18675,4676,7047],"class_list":["post-1847425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-3652","tag-fund","tag-liquide","tag-mutual","tag-vanguard"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1847425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1847425"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1847425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1847428"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1847425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1847425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1847425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}