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Vanguard - Managed Payout Funds Yield
Personal Investors

The Vanguard Managed Payout Distribution Focus Fund Investor Shares pays monthly and other distributions that may include some combination of dividend income, return of capital, and capital gains. The tax characteristics of these distributions, however, cannot be determined until after the end of the year.

The current 30-day SEC yield for this fund is .

This yield is calculated monthly, like other stock funds.

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