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A Better High-Yield Strategy

Daniel Sotiroff (daniel.sotiroff@morningstar.com)

Low fees and portfolio diversification should not be abandoned in the quest for yield.  Vanguard International High Dividend Yield ETF VYMI strikes a careful balance between risk management and yield, earning a Morningstar Analyst Rating of Bronze. The fund's selection universe includes large- and mid-cap stocks in the FTSE All-World ex-US Index.