Corporate earnings calls are a trove of information, but listening to all of them is a monumental task. Artificial intelligence presents an opportunity for Vanguard to analyze earnings calls at scale for signs that a company is poised to cut its dividend. This is one of many AI experiments we’re conducting to extract insights from every conceivable piece of information to help give investors the best chance for investment success.

A proprietary model for glide-path construction that can assist in the creation of custom investment portfolios.

While a volatility management fund in a TDF might benefit retirement savers, possible challenges must be addressed.

Our CEO reflects on Vanguard’s first 50 years and outlines how we will continue to take a stand for investors.

A quarterly brochure on the U.S. ETF ecosystem, with information designed to give advisors tools to help clients.

A handful of U.S. technology-related stocks have generated exceptional returns over the past decade, making it hard for active equity funds to outperform. If this concentration unwinds, however, Vanguard’s Oversight & Manager Search team would expect active fund managers to fare much better—especially those with strong stock-picking outside these mega-cap tech names.

Vanguard has updated its forecasts for broad asset class returns through a March 31, 2025, running of the Vanguard Capital Markets Model® (VCMM). The probabilistic return assumptions depend on market conditions and change with each running over time. Forecast changes relative to the December 31, 2024, running of the VCMM are attributable both to market movements and enhancements to our model itself.

Within Vanguard’s Fixed Income Group, experienced credit analysts work side by side with portfolio managers and traders to deliver attractive risk-adjusted returns for shareholders. Colleen Cunniffe, co-head of global taxable credit research, and Nathan Will, head of municipal credit research, discuss what makes their teams tick and the benefits of their integrated, collaborative process.

For more than two decades, Vanguard’s How America Saves report has highlighted the strides retirement plan sponsors have made toward enhanced plan design and improved participant behaviors. “The progress is remarkable—and for that we’d like to say ‘thank you’ to our plan sponsors,” said lead author Jeff Clark, previewing the results featured in the 2025 issue. “The data in How America Saves are really a reflection of the actions and decisions that our clients have made.”