November 09, 2020 BY Steffy Bogdanova
Vanguard owns its gaff, admits to sending inaccurate data to investors
The first to highlight the error was Daniel Wiener, the editor of the Independent Adviser for Vanguard Investors newsletter. He noted that his monthly brokerage statements revealed the estimated yield on Vanguard’s New York Municipal Money Market fund (VYFXX) to be unchanged at 1.27% between October 2019 and September 2020. But Vanguard’s website had reported…
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