How do I exchange a mutual fund?

Step 1

This example is for illustrative purposes only and is not a recommendation to buy or sell a particular security.

Brokerage assets are held by Vanguard Brokerage Services, a division of Vanguard Marketing Corporation, member FINRA and SIPC.

An exchange is actually two transactions, selling one fund and using the proceeds to buy another fund in the same account. Performing an exchange in a taxable account is a taxable event.

Select the Holdings tab from your Account overview page.

Step 2

Hover over the Transact dropdown and select Exchange (sell to buy) Vanguard Funds.

Step 3

In Where’s the money coming from?, choose the account you’d like to exchange from and enter the amount you’d like to exchange. You can exchange in dollars, percentages, or in shares. Click CONTINUE.

Step 4

In Where’s the money going?, select the fund(s) from your existing holdings that you’d like to exchange into or select Add another Vanguard mutual fund. If you are adding a Vanguard fund you don’t currently hold, you can select from our list of available funds or you can search funds by name, symbol, or number. Once selected, click CONTINUE.

Step 5

Review the Consent to electronic delivery of fund prospectus. You must click ACCEPT in order to submit your exchange.

Step 6

Review your exchange details and click the SUBMIT button.

Step 7

You can choose your preferred delivery method for your confirmation through a registered email address or U.S. Mail. Click CONTINUE. You’re all set!