Vanguard FTSE All-World High Dividend Yield UCITS ETF is a distributing exchange-traded fund that tracks the FTSE All-World High Dividend Yield Index through a sampling technique, investing in a representative selection of its constituent securities. It focuses on large- and mid-cap stocks from developed and emerging markets worldwide that offer high dividend yields, providing diversified exposure across regions including North America, Europe, Pacific, and emerging markets. Top holdings span sectors such as financials, energy, health care, and telecommunications, with significant allocations to the United States, Japan, United Kingdom, Switzerland, and Canada. The ETF distributes income quarterly in USD, its base currency, and maintains a low portfolio turnover rate. Designed for investors seeking global equity income, it employs a passive management approach with physical replication to closely mirror the benchmark's performance. Launched in 2013 and domiciled in Ireland, Vanguard FTSE All-World High Dividend Yield UCITS ETF plays a key role in offering accessible, cost-effective access to high-dividend global equities.