The dividend yield last year was over 4%.Vanguard International Explorer FundMy guess is such companies generally do not distribute much of their net income (if they even have net income!) to shareholders. Instead the companies are focused on "growing". Thus the fund didn't receive hardly any dividends.This aggressive fund invests in smaller companies that are expected to grow at a faster pace than the overall market.
There are multiple funds in the same financial statement; did you check the wrong fund? Financial Statements and Other Information (p. 11 for International Explorer statement of operations) says that foreign withholding was $1,992,000. This is 7% of the net investment income of $27,048,000, which is normal for an international fund.My guess is that if the fund didn't (or can't) pass through the foreign tax paid, it implicitly didn't pass through any foreign source income either. This is kind of an edge case with only $15,000 foreign tax as compared to something like Total World Stock, where there is a lot of foreign tax, but it can't be passed through since it's under 50% international.
Statistics: Posted by grabiner — Fri Feb 21, 2025 9:39 pm