Fund Research for Vanguard Wellington (VWELX)

  • Fund Overview

    Fund Inception Date: Jul 01, 1929
    Category: Moderate Allocation
    Overall Risk: Average
    Fund Family: Vanguard
    Return Since Inception: 8.05%
    YTD Return: 17.05%
    Yield (TTM): 3.34%
    Net Assets: 26.97 B
    Morningstar Rating:
    5 of 5
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/04/2009
    The investment seeks to provide long-term capital appreciation and reasonable current income. The fund invests 60% to 70% of assets in dividend-paying and, to a lesser extent, non-dividend-paying common stocks of established, medium-size and large companies. It invests 30% to 40% of the fund's assets mainly in fixed income securities. These securities include investment-grade corporate bonds, with some exposure to U.S. Treasury and government agency bonds, and mortgage-backed securities.

    Stock Holdings


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    Size
    Average Market Cap $52,854.60 M
    Market Capitalization Portfolio
    Giant 58.06%
    Large 40.33%
    Medium 1.61%
    Small 0.00%
    Micro 0.00%

    Bond Holdings


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    Details
    Average Eff Duration 6.04 Yrs
    Average Eff Maturity 9.8 Yrs
    Average Credit Quality A
    View Fund Portfolio
    Style Box Detail calculations do not include the fund's short positions (if any) Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 17.05% 15.37% 0.59% 4.61% 5.71% 8.05%
    +/- Category -1.94% 2.14% 2.89% 2.82% 3.21% —
    +/- Morningstar Moderate Target Risk — — — — 5.15% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 16.46% 18.48% 0.27% 4.89% 5.71% 8.05%
    Quarter (as of 09/30/2009) 17.01% 4.53% 1.29% 5.21% 5.95% 8.07%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/04/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/04/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 07/01/1929
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 10.37%
    Service 26.09%
    Manufacturing 27.97%
    Bond Quality
    AAA 17.86%
    AA 18.63%
    A 48.22%
    BBB 14.10%
    BB 0.78%
    B 0.00%
    Below B 0.00%
    Not Rated 0.41%

    Asset Allocation

    Short Long Net Assets
    Cash — 2.84% 2.84%
    Stocks — 64.44% 64.44%
    Bonds — 32.17% 32.17%
    Other — 0.16% 0.16%
    Foreign Stocks
    (as a % of assets)    		 — 15.05% 15.05%
    Data as of 09/30/2009 Data as of 07/31/2009 View Fund Portfolio

    Top 10 Holdings

    Stock Holdings Sector P/E Return as of 10/31/2009 Net Assets
    + AT&T INC (T) Telecom 13.04 -2.32% 2.38%
    = INTERNATIONAL BUSINESS MACHS (IBM) Hardware 13.02 41.99% 1.83%
    + CHEVRON CORP NEW (CVX) Energy 12.68 -4.30% 1.76%
    + WELLS FARGO & CO NEW (WFC) Financial Services 10.67 -8.28% 1.50%
    = TOTAL S A (TOT) Energy — 6.25% 1.45%
    = EXXON MOBIL CORP (XOM) Energy 16.90 -14.18% 1.30%
    + LILLY ELI & CO (LLY) Healthcare — -15.27% 1.28%
    = JPMORGAN CHASE & CO (JPM) Financial Services 36.11 32.73% 1.23%
    = SCHERING PLOUGH CORP (SGP) Healthcare — 65.38% 1.08%
    Bond & Other Holdings Maturity Date Total Holdings Value of Holdings Net Assets
    + Paribas Triparty Mtge — 807.1 M 807.1 M 1.89%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/10/2009
    All other data as of 07/31/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 03/20/2009
    Expense Ratio (based on net assets) 0.29%
    Taken from annual report dated 11/30/2008

  • Fund Management

    John C. Keogh
    Start Date: 11/03/2005
    Keogh is a senior vice president and partner of Wellington Management Company, his employer since 1983. He is responsible for all activities related to investing in money-market securities, including selection strategy and investment process. Previously, he spent five years with Connecticut National Bank.
    Edward P. Bousa
    Start Date: 12/31/2002
    Mr. Bousa is vice president and portfolio manager with Wellington Management, his employer since 2000. Prior to joining Wellington, he was a vice president and senior portfolio manager with Putnam Investments from 1992-2000. Previously, Mr. Bousa was employed by Fidelity Management Trust Company from 1984 to 1992 and Louis Dreyfus Corporation from 1980-1982. Bousa is a Chartered Financial Analyst.