On Feb. 26, 2021, Cesar Orosco joined the management team of Vanguard Growth and Income in anticipation of the retirement of longest-tenured manager James Stetler in July 2021. Stetler has been a named manager since 2012. Following Stetler’s departure, Orosco and comanager Binbin Guo will oversee Vanguard Quantitative Equity Group’s one-third slice of the fund. This change does not impact the fund’s People rating of Above Average. Its two cheapest share classes retain their Morningstar Analyst Ratings of Silver, with the remaining class staying at Bronze.
Vanguard Growth & Income Inv VQNPX
NAV / 1-Day Return
64.67
/
0.37
%
Total Assets
12.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.320%
Expense Ratio
0.320%
Fee Level
Low
Longest Manager Tenure
9.54
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
3,000
Status
Open
TTM Yield
1.21%
Turnover
58%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VQNPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VQNPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VQNPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VQNPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Manager Transition Coming to a Sleeve of Vanguard and Income; Ratings Unchanged
