VYM's S&P Beating Dividend Survived Two Decades Without Missing a Payment

Core Insights - Vanguard High Dividend Yield Index Fund ETF Shares (NYSEARCA: VYM) generates income by holding a diversified portfolio of dividend-paying U.S. companies [1] Group 1 - The fund focuses on high dividend yield stocks, which are expected to provide a steady income stream for investors [1] - The portfolio is diversified, reducing risk associated with individual stock performance [1] - The ETF is designed for investors seeking income through dividends rather than capital appreciation [1]