Vanguard Implements Largest Fee Reduction in Company History

The asset management firm cuts fees on 87 mutual funds and ETFs, saving investors an estimated $350 million in 2025.

Vanguard announced fee reductions across 87 funds, effective February 1, 2025, marking its largest expense ratio cut to date.
The reductions span stock, bond, and commodity funds, with expense ratio cuts ranging from one to six basis points.
The company estimates the fee cuts will save investors over $350 million in 2025, reinforcing its commitment to low-cost investing.
This move aligns with CEO Salim Ramji's strategy to expand Vanguard's fixed-income offerings and maintain its competitive edge in the industry.
Vanguard, managing $10.4 trillion in assets as of late 2024, has a nearly 50-year history of lowering costs for its investors.