Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Beginner's Guide to Preferred Stock Mutual Funds

Mutualfunds logo

VWNEX Vanguard Windsor™ Admiral™

  • Fund
  • VWNEX
  • Price as of: Apr 24, 2017
  • $73.38
  • + $0.93
  • + 1.28%
  • Category
  • Large Cap Value Equities

VWNEX - Profile

Vitals

  • YTD Return 6.0%
  • 3 Yr Annualized Return 7.6%
  • 5 Yr Annualized Return 13.2%
  • Net Assets $18.3 B
  • Holdings in Top 10 18.2%

52 WEEK LOW AND HIGH

$73.38
$60.02
$74.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.20%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$50,000

IRA

$50,000

Investment Themes

CATEGORY

Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Value

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 13.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.11%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Vanguard Windsor™ Fund
  • Fund Family Name Vanguard
  • Inception Date Nov 12, 2001
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager James N. Mordy

Fund Description

The Vanguard Windsor Fund Admiral Shares (VWNEX) is a low-cost, actively managed fund that bets on value equities. With a focus on stock selection and risk control, the managers of the fund use fundamental approaches to select large- and mid-cap stocks that exhibit value tendencies. VWNEX hopes to exploit these factors to create income and grow its investors’ portfolios.

VWNEX’s low costs and value pull make it a great core fund for investors. The fund is comanaged by Wellington Management Company and Pzena Investment Management.

VWNEX - Performance

Return Ranking - Trailing

Period VWNEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.0% -83.3% 12.4% 9.82% 1
1 Yr 21.6% -47.2% 42.1% 12.66% 1
3 Yr 7.6% * -15.3% 15.7% 37.44% 2
5 Yr 13.2% * -0.1% 15.5% 8.94% 1
10 Yr 6.0% * -0.6% 9.5% 35.37% 2

* Annualized


Return Ranking - Calendar

Period VWNEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.2% -40.1% 180.5% 65.02% 4
2015 -10.8% -47.3% 9.6% 56.50% 4
2014 5.5% -46.4% 35.3% 34.84% 2
2013 34.7% -13.6% 45.0% 6.49% 1
2012 18.3% -22.7% 35.8% 1.71% 1

Total Return Ranking - Trailing

Period VWNEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.0% -83.3% 11.9% 9.74% 1
1 Yr 21.6% -51.7% 110.4% 10.36% 1
3 Yr 7.6% * -11.2% 19.9% 32.04% 2
5 Yr 13.2% * -0.1% 15.5% 8.94% 1
10 Yr 6.0% * -0.6% 9.5% 33.90% 2

* Annualized


Total Return Ranking - Calendar

Period VWNEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.1% -23.8% 187.5% 69.33% 4
2015 -3.4% -26.0% 39.5% 35.28% 2
2014 13.8% -14.3% 57.4% 25.82% 2
2013 46.3% 0.0% 289.2% 23.46% 2
2012 29.0% -21.5% 528.1% 16.26% 1

NAV & Total Return History

VWNEX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

VWNEX Category Low Category High VWNEX % Rank Quintile
Net Assets 18.3 B 273 K 89.7 B 1.33% 1
Number of Holdings 143 1 966 5.23% 1
Net Assets in Top 10 3.18 B 0 26.5 B 2.00% 1
Weighting of Top 10 18.2% 0.0% 100.1% 29.59% 5

Top 10 Holdings

  1. American International Group Inc 2.23%
  2. MetLife Inc 2.06%
  3. Citigroup Inc 2.14%
  4. Bristol-Myers Squibb Company 1.77%
  5. XL Group Ltd 1.71%
  6. Pioneer Natural Resources Co 1.51%
  7. Bank of America Corporation 2.13%
  8. Broadcom Ltd 1.58%
  9. Arrow Electronics Inc 1.56%
  10. Comerica Inc 1.50%

Asset Allocation

Weighting Category Low Category High VWNEX % Rank Quintile
Stocks
97.66% 0.00% 132.25% 12.27% 3
Other
1.53% -2.85% 24.50% 2.85% 1
Cash
0.77% -32.25% 100.00% 19.51% 4
Bonds
0.04% -0.06% 75.60% 4.28% 1
Preferred Stocks
0.00% 0.00% 35.63% 4.00% 1
Convertible Bonds
0.00% 0.00% 75.13% 1.62% 1

Stock Sector Breakdown

Weighting Category Low Category High VWNEX % Rank Quintile
Financial Services
28.11% 0.00% 44.35% 5.62% 2
Technology
16.90% 0.00% 25.91% 4.19% 1
Healthcare
12.66% 0.00% 29.91% 12.68% 2
Energy
10.93% 0.00% 21.82% 11.53% 3
Consumer Cyclical
8.67% 0.00% 32.87% 12.68% 3
Industrials
7.42% 0.00% 36.78% 22.40% 5
Basic Materials
4.22% 0.00% 18.54% 8.48% 2
Consumer Defense
3.89% 0.00% 32.88% 22.50% 5
Communication Services
2.00% 0.00% 11.43% 19.35% 5
Utilities
1.91% 0.00% 77.05% 18.49% 4
Real Estate
0.94% 0.00% 19.13% 14.87% 3

Stock Geographic Breakdown

Weighting Category Low Category High VWNEX % Rank Quintile
US
88.37% 0.00% 130.89% 19.41% 4
Non US
9.29% 0.00% 98.81% 7.80% 2

Bond Sector Breakdown

Weighting Category Low Category High VWNEX % Rank Quintile
Cash & Equivalents
0.78% -0.34% 100.00% 18.93% 4
Government
0.03% 0.00% 31.48% 1.62% 1
Derivative
0.00% -0.35% 0.11% 0.29% 1
Securitized
0.00% 0.00% 25.89% 0.67% 1
Corporate
0.00% 0.00% 91.18% 6.47% 2
Municipal
0.00% 0.00% 1.48% 0.67% 1

Bond Geographic Breakdown

Weighting Category Low Category High VWNEX % Rank Quintile
US
0.04% -0.06% 73.93% 4.19% 1
Non US
0.00% 0.00% 13.50% 1.71% 1

VWNEX - Expenses

Operational Fees

VWNEX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.20% 0.05% 21.67% 23.12% 1
Management Fee 0.19% 0.00% 1.20% 6.57% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

VWNEX Fees (% of AUM) Category Low Category High VWNEX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

VWNEX Fees (% of AUM) Category Low Category High VWNEX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VWNEX Fees (% of AUM) Category Low Category High VWNEX Rank Quintile
Turnover 26.00% 0.00% 229.00% 11.89% 2

VWNEX - Distributions

Dividend Yield Analysis

VWNEX Category Low Category High VWNEX % Rank Quintile
Dividend Yield 1.0% 0.00% 3.58% 0.85% 1

Dividend Distribution Analysis

VWNEX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

VWNEX Category Low Category High VWNEX % Rank Quintile
Net Income Ratio 2.11% -2.34% 3.83% 7.52% 1

Capital Gain Distribution Analysis

VWNEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

VWNEX - Managers

James N. Mordy

Manager

Start Date

Jun 23, 2008

Tenure

8.78

Tenure Rank

5.1%

Jim is a portfolio manager in Global Equity Portfolio Management on the Opportunistic Value Team. He manages equity assets on the behalf of our clients, drawing on research from Wellington Management’s global industry analysts, equity portfolio managers, and team analysts. He currently manages the Windsor Fund for Vanguard, a mid-cap value strategy, and a concentrated mid-cap value strategy. He also co-manages the Capital Stewards approach. Jim is the managing director of our Radnor office. Prior to joining Wellington Management in 1985, Jim worked arranging bulk transportation for iron ore, coal, and other materials in the Marine Transportation division of Utah International (1980 – 1983). Jim earned his MBA from the University of Pennsylvania (Wharton, 1985) and his BA in economics from Stanford University (1980).


Richard S. Pzena

Manager

Start Date

Aug 02, 2012

Tenure

4.66

Tenure Rank

8.5%

Mr. Pzena is the Founder, Managing Principal, Chief Executive Officer and Co-Chief Investment Officer of the firm. Prior to forming Pzena Investment Management in 1995, Mr. Pzena was the Director of U.S. Equity Investments and Chief Research Officer for Sanford C. Bernstein & Company. He joined Bernstein in 1986 as an oil industry analyst and was named to the Institutional Investor All America Research Team from 1988-1990. During 1990 and 1991, Mr. Pzena served as Chief Investment Officer, Small Cap Equities, and assumed his broader domestic equity role in 1991. Prior to joining Bernstein, Mr. Pzena worked for the Amoco Corporation in various financial and planning roles. He earned a B.S. summa cum laude and an M.B.A. from the Wharton School of the University of Pennsylvania in 1979 and 1980 respectively.


Benjamin S. Silver

Manager

Start Date

May 27, 2015

Tenure

1.85

Tenure Rank

11.7%

Mr. Silver is a Principal, Co–Director of Research, and Portfolio Manager for Focused Value, Large Cap Focused Value and Small Cap Focused Value. Prior to joining Pzena Investment Management in 2001, Mr. Silver was a Research Analyst at Levitas & Company, a value based equity hedge fund. Mr. Silver was previously employed as a Manager for Ernst & Young LLP in their Financial Services Group from 1991 to 1996. He earned a B.S. magna cum laude in Accounting from Sy Syms School of Business at Yeshiva University. Mr. Silver is a Certified Public Accountant and holds the Chartered Financial Analyst designation.


John J. Flynn

Manager

Start Date

Feb 23, 2017

Tenure

0.1

Tenure Rank

13.4%

Mr. Flynn is a Principal, Portfolio Manager of Small Cap Value and Senior Research Analyst at the firm. Prior to joining Pzena Investment Management in 2005, Mr. Flynn was an associate at Weston Presidio, a middle-market private equity investment firm. Mr. Flynn earned a B.A. in Music from Yale University in 2000 and an MBA with distinction from the Harvard Business School in 2005.


Tenure Analysis

Category Low

0.0

Category High

38.6

Category Average

6.94

Category Mode

2.3