Comments on: What are Vanguard Admiral Shares?

By: Nickel

Nickel — Tue, 11 Aug 2009 00:30:04 +0000

Phil: Great question. Here is what the Vanguard website says:

“If the balance in an Admiral Shares fund account drops below the minimum, Vanguard will notify you, and you will have the opportunity to add to the account to meet the minimum. If the balance remains below the minimum, the account will be reclassified to Investor class.”

By: Phil

Phil — Wed, 29 Jul 2009 21:27:16 +0000

Just found your website on Google. Just got a notice from Vanguard that my Healthcare Fund qualifies for Admiral Shares. (barely) What happens if the balance falls below $50,000, as it might when I need to write a check for a major item or an emergency?

By: JB

JB — Mon, 25 May 2009 20:39:52 +0000

I’m eagerly awaiting the day I will qualify for Admiral shares, it will most likely be awhile and due to the 10 year/50K requirement.

By: Nickel

Nickel — Thu, 14 May 2009 14:50:55 +0000

There’s no tax hit from selling/re-buying the shares. They somehow directly convert it so you don’t realize any gains/losses during the conversion.

By: mbhunter

mbhunter — Thu, 14 May 2009 05:37:10 +0000

How can there be no tax hit if you’re earning more?

By: mapgirl

mapgirl — Wed, 13 May 2009 13:51:35 +0000

WOW! Well done! (I’m guess you fall into the 10-yr category.) I’ve been looking into reducing fund expenses and ditching a few active trading funds I’ve got. I am just addicted to the dividends those funds produce. They’re like crack!

By: Eric

Eric — Tue, 12 May 2009 23:52:01 +0000

Ah it would take forever for me to get there…but one day. So does the 10 year thing mean that you’ve opened your account for 10 years or invested in a particular fund for 10 years? I’m in a target retirement fund but eventually I want to get out of it once I meet the minimum for some other funds. Does this mean I have to start all over regarding the 10 year qualification?

By: MLR

MLR — Tue, 12 May 2009 23:08:22 +0000

I echo the sentiment above…

I have been salivating over the Admiral shares for a bit. Can’t wait til I am eligible

Do you know if other companies offer the same sort of thing?

By: OblivousInvestor

OblivousInvestor — Tue, 12 May 2009 18:53:44 +0000

Ah, Vanguard. I have yet to find anything about them I don’t like.

Congratulations, by the way.