VYMI: A Strong Buy On Dips With A 4.8% Yield

Hawkinvest
13.15K Followers
(7min)

Summary

  • Vanguard International High Dividend Yield Index Fund ETF primarily invests in foreign large cap value stocks with high-yielding dividends, particularly in Europe.
  • VYMI has a strong uptrend since November 2023 and is trading near all-time highs, making pullbacks potential buying opportunities.
  • The fund is well-diversified with no oversized positions, offering investors peace of mind and exposure to various industries.

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Nikada

Vanguard International High Dividend Yield Index Fund ETF Shares (NASDAQ:VYMI) primarily invests in foreign large cap value stocks that offer a high-yielding dividend. Since many European stocks offer a higher yield than their U.S. counterparts, this fund has strong European exposure

This article was written by

13.15K Followers
Long-time stock market investor focused on strategic buying opportunities with dividend and value stocks. This investment strategy has resulted in a near 5 star rating on Tipranks.com and over 9,000 followers on Seeking Alpha. Follow me on Twitter for my latest trading ideas: @Hawkinvest1

Analyst’s Disclosure: I/we have a beneficial long position in the shares of VYMI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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