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Copyright 2020 Tom Madell, PhD, Publisher
Jan 2020. Published Jan. 13, 2020.
My Recommended Funds Had Another Good Year
Here is the current list of my recommended stock and bond funds,
Note: Most previous Investor class Vanguard funds I recommended are now Admiral class funds. All results as of 12-31-20; multi-year returns are annualized.
My Recommended Stock Funds
| Fund/Category | One Year Return |
5 Yr. Return |
10 Yr. Return |
| Vanguard Small-Cap Index (VSMAX) | 27.37% |
8.88% |
12.81% |
| Vanguard Extended Market Idx (VEXAX) | 28.03% |
9.01% |
12.81% |
| Vanguard Small Cap Growth Idx (VSGAX) | 32.76% |
10.51% |
NA |
| Vanguard 500 Index (VFIAX) | 31.46% |
11.66% |
13.52% |
| Vanguard Equity Income (VEIPX) | 25.22% |
10.07% |
12.93% |
| Vanguard Windsor II (VWNFX) | 29.03% |
8.62% |
11.28% |
| Vanguard Energy (VGENX) | 13.20% |
0.22% |
1.60% |
| Vanguard Growth Idx (VIGAX) | 37.23% | 13.20% | 14.59 |
| Vanguard Pacific Index (VPADX) | 17.58% | 7.03% |
6.16% |
| Vanguard International Growth (VWIGX) | 31.35% |
10.62% |
8.70% |
| Vanguard Europe Idx (VEUSX) | 24.25% | 5.57% |
5.58% |
| Vanguard Emerging Markets Idx (VEMAX) | 20.31% |
5.01% |
3.45% |
| Tweedy, Browne Global Value (TBGVX) | 14.63% | 5.15% |
7.26% |
For comparison, the average diversifed US stock fund returned 28.3% for one year and 9.1% for 5 years. A 10 year return is not available.
Comparable average returns for international (ex-US) funds are 23.0% for 1 year and 5.4 for 5 years
My Recommended Bond Funds
| Fund/Category | One Yr. Return |
5 Yr. Return |
10 Yr. Return |
| Vanguard CA Interm-Term Tax-Exempt Inv (VCAIX)(see Note below) | 6.74% |
3.12% |
4.18% |
| PIMCO Total Return Instl (PTTRX) | 8.26% |
3.25% |
4.19% |
| Vanguard Total Bond Market Index Inv (VBMFX) | 8.71% |
3.00% |
3.68% |
| Vanguard High-Yield Corporate Inv (VWEHX) | 15.79% |
5.68% |
7.10% |
| Vanguard Short-Term Investment-Grade Inv (VFSTX) | 5.74% |
2.46% |
2.66% |
| PIMCO International Bond (USD-Hdg) Adm (PFRAX) | 7.07% |
3.89% |
5.68% |
| Vanguard Total Intl Bd Idx Investor (VTABX) | 7.88% |
3.76% |
NA |
Average returns for U.S taxable bond funds are 8.6% for 1 year and 3.0 for 5 years.
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