Question: is vym a good long term investment?
Answer: Vanguard High Dividend Yield Index Fund (NYSEARCA:VYM) focuses on large-cap and giant-cap U.S. dividend stocks. The fund seeks to track the FTSE High Dividend Yield Index. ... It also pays a 3%-yielding dividend. Therefore, it is a good fund to hold for dividend investors with a long-term investment horizon.