The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.

The money will go to target-date fund investors whom the company failed to warn about capital gains tax hits, the SEC said.

Vanguard PA Long-Term Tax-Exempt Fund earns a High Process Pillar rating. The leading factor in the rating is its parent firm's superior long-term risk-adjusted performance, as shown by the firm's ...

Vanguard PA Long-Term Tax-Exempt Fund earns a High Process Pillar rating. The main driver of the rating is its parent firm's impressive long-term risk-adjusted performance, as shown by the firm's ...