Morningstar

Vanguard Wellesley® Income Fund Investor Shares VWINX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 25.92  /  +0.08 %
  • Total Assets 47.4B
  • Adj. Expense Ratio
    0.220%
  • Expense Ratio 0.220%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 3.47%
  • Turnover 63%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis VWINX

Will VWINX outperform in the 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 VWINX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VWINX 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 VWINX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Long-term strength despite a challenging stretch.

Analyst Stephen Margaria

Stephen Margaria

Analyst

Summary

Vanguard Wellesley Income’s disciplined approach, experienced leadership, and attractive fees make this fund an appealing choice for investors seeking steady income and a defensive profile. While recent performance has lagged, the fund’s long-term durability and fundamental strengths persist.

by Stephen Margaria
Rated on Published on

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Portfolio Holdings VWINX

More VWINX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Broadcom Inc

1.78 849M
Technology

Merck & Co Inc

1.17 558M
Healthcare

Diamondback Energy Inc

0.94 447M
Energy

Johnson & Johnson

0.93 443M
Healthcare

United States Treasury Notes

0.92 435M
Government

Bank of America Corp

0.86 407M
Financial Services

Unilever PLC ADR

0.85 403M
Consumer Defensive

Cisco Systems Inc

0.80 382M
Technology

United States Treasury Notes

0.80 381M
Government

T-Mobile US Inc

0.72 341M
Communication Services

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