Liquidating a mutual fund

Our estimates are based on past market performance, and past performance is not a guarantee of future performance.We believe everyone should be able to make financial decisions with confidence. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.At nearly

Our estimates are based on past market performance, and past performance is not a guarantee of future performance.We believe everyone should be able to make financial decisions with confidence. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.At nearly $1 billion, the hybrid fund that converts bonds to stocks will go the way of the buggy whip and white tennis balls.

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Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

billion, the hybrid fund that converts bonds to stocks will go the way of the buggy whip and white tennis balls.

However, although the convertible fund was originally targeted toward institutional investors, it has always been offered through a single retail share class with a ,000 investment minimum.

Through September, 132 ETFs have permanently stopped trading this year, only six less than the record of 138 in 2017, according to data from

Even so, the number of new funds launched year-to-date, 189, still outpaces closures.

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The $5 trillion asset manager announced Thursday that it will liquidate the Vanguard Convertible Securities Fund (VCVSX).

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