VFIAX viable long-term investment? Dividend yield

**Vanguard Fidelity Investor Shares ETF (VFIAX) appears to be a viable long-term investment**, and here's why: 1. **High Dividend Yield**: VFIAX offers a current dividend yield of approximately 0.88%. Although this yield is lower than that of some other ETFs, it is important to consider the fund's growth potential and overall performance. 2. **Broad Market Exposure**: The ETF tracks the performance of the S&P 500 Index, providing exposure to a broad range of large-cap stocks in the U.S. equity market. This diversification helps mitigate risk and provides exposure to various sectors of the market. 3. **Strong Performance**: VFIAX has shown strong performance historically, with a record amount of cash on the sidelines as of March 2024. This suggests that the fund has been able to generate attractive returns for investors over time. 4. **Affordability and Long-Term Potential**: VFIAX has a low expense ratio of 0.07%, which is competitive within the ETF space. This cost efficiency can enhance the long-term returns for investors. Additionally, as a passive index fund, it offers exposure to the long-term growth potential of the S&P 500. In conclusion, VFIAX offers a high dividend yield, broad market exposure, strong performance, affordability, and long-term potential, making it a viable long-term investment option for income-focused investors.