Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

VWNDX Vanguard Windsor™ Inv

  • Fund
  • VWNDX
  • Price as of: May 28, 2019
  • $19.98 - $0.22 - 1.09%
  • Category
  • Large Cap Value Equities

VWNDX - Profile

Vitals

  • YTD Return 10.0%
  • 3 Yr Annualized Return 0.9%
  • 5 Yr Annualized Return -1.5%
  • Net Assets $19.2 B
  • Holdings in Top 10 17.7%

52 WEEK LOW AND HIGH

$19.98
$17.13
$24.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.31%

SALES FEES

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

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$3,000

IRA

$3,000

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 10.0%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return -1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.76%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Vanguard Windsor™ Fund
  • Fund Family Name Vanguard
  • Inception Date Oct 23, 1958
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Richard S. Pzena

Fund Description

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

VWNDX’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.

VWNDX - Performance

Return Ranking - Trailing

Period VWNDX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.0% -4.3% 25.2% 77.46%
1 Yr -14.2% -33.3% 17.1% 86.43%
3 Yr 0.9%* -15.3% 15.1% 68.72%
5 Yr -1.5%* -28.8% 11.5% 59.41%
10 Yr 7.4%* -10.6% 12.3% 44.66%

* Annualized


Return Ranking - Calendar

Period VWNDX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.4% -38.8% 15.7% 84.06%
2017 14.1% -17.9% 37.3% 17.34%
2016 7.2% -7.3% 28.2% 78.06%
2015 -10.8% -47.3% 0.6% 65.78%
2014 5.5% -46.4% 75.9% 39.32%

Total Return Ranking - Trailing

Period VWNDX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.0% -4.3% 25.2% 77.71%
1 Yr -14.2% -33.3% 16.7% 93.15%
3 Yr 0.9%* -11.5% 16.6% 90.08%
5 Yr -1.5%* -9.9% 13.1% 88.73%
10 Yr 7.4%* -4.0% 14.5% 84.73%

* Annualized


Total Return Ranking - Calendar

Period VWNDX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.4% -32.1% 15.7% 91.91%
2017 14.1% -7.9% 38.3% 58.67%
2016 7.2% -7.3% 29.2% 91.55%
2015 -10.8% -26.2% 4.7% 87.50%
2014 5.5% -45.2% 78.4% 79.16%

NAV & Total Return History

VWNDX - Holdings

Concentration Analysis

VWNDX Category Low Category High VWNDX % Rank
Net Assets 19.2 B 1.42 M 117 B 7.71%
Number of Holdings 140 18 1796 21.39%
Net Assets in Top 10 3.3 B 81.8 K 32.2 B 9.70%
Weighting of Top 10 17.73% 8.7% 74.0% 96.39%

Top 10 Holdings

  1. Bank of America Corporation 2.40%

  2. Broadcom Inc 2.13%

  3. MetLife Inc 1.82%

  4. Citigroup Inc 1.81%

  5. Verizon Communications Inc 1.78%

  6. Comcast Corp Class A 1.73%

  7. American International Group Inc 1.63%

  8. CVS Health Corp 1.60%

  9. UnitedHealth Group Inc 1.47%

  10. Equinix Inc 1.37%


Asset Allocation

Weighting Return Low Return High VWNDX % Rank
Stocks
96.29% 6.24% 118.05% 70.02%
Cash
3.71% -18.05% 40.48% 23.76%
Bonds
0.01% -0.04% 44.69% 15.17%
Preferred Stocks
0.00% 0.00% 16.57% 64.80%
Other
0.00% -0.31% 2.43% 61.44%
Convertible Bonds
0.00% 0.00% 77.39% 61.32%

Stock Sector Breakdown

Weighting Return Low Return High VWNDX % Rank
Financial Services
21.38% 0.89% 40.80% 55.49%
Technology
17.46% 0.00% 35.17% 13.09%
Healthcare
10.55% 0.00% 25.25% 82.79%
Industrials
9.33% 0.00% 37.45% 48.13%
Energy
9.00% 0.00% 24.02% 54.99%
Consumer Cyclical
7.73% 0.00% 46.05% 44.51%
Consumer Defense
6.08% 0.00% 27.68% 71.70%
Basic Materials
4.81% 0.00% 17.14% 17.33%
Communication Services
4.65% 0.00% 12.01% 45.26%
Real Estate
2.11% 0.00% 33.69% 57.23%
Utilities
2.04% 0.00% 71.63% 75.56%

Stock Geographic Breakdown

Weighting Return Low Return High VWNDX % Rank
US
89.67% 0.18% 118.05% 52.11%
Non US
6.62% 0.00% 99.50% 48.76%

Bond Sector Breakdown

Weighting Return Low Return High VWNDX % Rank
Cash & Equivalents
3.71% -18.05% 71.79% 22.64%
Derivative
0.00% -0.04% 3.11% 58.08%
Securitized
0.00% 0.00% 25.79% 59.33%
Corporate
0.00% 0.00% 92.36% 67.79%
Municipal
0.00% 0.00% 1.33% 59.20%
Government
0.00% 0.00% 6.84% 61.07%

Bond Geographic Breakdown

Weighting Return Low Return High VWNDX % Rank
US
0.01% -0.04% 35.74% 15.17%
Non US
0.00% 0.00% 8.95% 60.20%

VWNDX - Expenses

Operational Fees

VWNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.31% 0.03% 8.83% 97.51%
Management Fee 0.30% 0.00% 1.20% 6.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

VWNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VWNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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.

VWNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 0.00% 258.00% 42.29%

VWNDX - Distributions

Dividend Yield Analysis

VWNDX Category Low Category High VWNDX % Rank
Dividend Yield 0.01% 0.00% 0.10% 68.16%

Dividend Distribution Analysis

VWNDX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

VWNDX Category Low Category High VWNDX % Rank
Net Income Ratio 1.76% -2.85% 3.22% 25.78%

Capital Gain Distribution Analysis

VWNDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

VWNDX - Managers

Richard S. Pzena

Manager

Start Date

Tenure

Tenure Rank

Aug 02, 2012

6.83

6.8%

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

Tenure

Tenure Rank

Dec 31, 2014

4.42

4.4%

Benjamin S. Silver, CFA, CPA, Principal and Portfolio Manager. Mr. Silver serves as co-portfolio manager for the U.S. Mid Cap, Large Cap, and Global strategies, along with the Focused Value and Small Cap Focused Value services. Mr. Silver became a member of the firm in 2001. Prior to joining Pzena Investment Management, Mr. Silver was a research analyst at Levitas & Company, a value-based equity hedge fund, and a manager for Ernst & Young LLP in their Financial Services Group. 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

Tenure

Tenure Rank

Feb 23, 2017

2.27

2.3%

Mr. Flynn is a Principal and a co-portfolio manager for Pzena's U.S. mid cap and large cap strategies, along with the focused value and small cap focused value services. Prior to joining Pzena in 2005, Mr. Flynn was an associate at Weston Presidio, a middle-market private equity investment firm.


David W. Palmer

Manager

Start Date

Tenure

Tenure Rank

Feb 26, 2018

1.26

1.3%

David W. Palmer, CFA, Senior Managing Director and Equity Portfolio Manager of Wellington Management. He has worked in investment management since 1993, has been with Wellington Management since 1998. Prior to joining Wellington Management, David worked in equity sales, trading, and research at Cantor Fitzgerald, Ltd. in London (1993 — 1996). David earned his MBA in finance, with distinction, from the University of Pennsylvania (Wharton, 1998) and his BA in English, with distinction, from Stanford University (1993). He holds the Chartered Financial Analyst designation and is a member of the CFA Society of Philadelphia.


Tenure Analysis

Category Low

0.08

Category High

35.44

Category Average

7.91

Category Mode

13.42