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Perspectives and commentary

Vanguard Investment Stewardship 2017 Annual Report

Our latest annual report on our investment stewardship activities covers the 12-month period ended June 30, 2017. The report describes our engagements with corporate leaders and our advocacy for governance practices that support the best economic interests of long-term investors.

Chairman Bill McNabb’s 2017 letter to portfolio companies

In his most recent letter to the largest companies in which Vanguard funds invest, Chairman Bill McNabb conveys our perspectives and expectations regarding board composition, risk management, and shareholder engagement.

The ultimate long-term investors

In a recent commentary on the Vanguard Blog, Chairman Bill McNabb explains that although index funds may be passive investors, Vanguard funds are not passive owners.