VANGUARD DIVIDEND GROWTH FUND
Actively managed U.S. stock fund
As of its 2026 Q2 report, VANGUARD DIVIDEND GROWTH FUND held 59 positions with $36.93B in net assets. Its ten largest holdings made up 37.4% of the fund. The VDIGX share class costs 0.2% a year. Over the 12 months to May 2026, VDIGX returned 8.9%, with dividends reinvested. In 2026 Q3 it added 18 new positions and exited 7.
Vanguard Dividend Growth Fund (the Fund) seeks to provide, primarily, a growing stream of income over time and, secondarily, long-term capital appreciation and current income.
The fund actively selects high-quality large-cap stocks with current dividends and a history of or potential for dividend growth, seeking companies trading below market valuation with strong earnings prospects. Because returns depend on the manager's security selection, the fund may diverge from the broader market. The fund aims for diversification across industry sectors.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AVGOBroadcom Inc | 6.49% | $2.40B | 5.7M | $417.43 |
MSFTMicrosoft Corp | 5.19% | $1.92B | 4.7M | $407.78 |
3.88% | $1.43B | 1.5M | $934.60 | |
3.68% | $1.36B | 4.8M | $281.08 | |
AAPLApple Inc | 3.43% | $1.27B | 4.7M | $271.35 |
3.37% | $1.25B | 2.5M | $502.92 | |
3.19% | $1.18B | 3.6M | $329.84 | |
KLACKLA Corp | 2.75% | $1.01B | 579.9K | $1,750.35 |
2.74% | $1.01B | 12.3M | $82.23 | |
2.71% | $999.34M | 937.8K | $1,065.60 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 59 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.04% |
| Cash & short-term | 0.91% |
By sector
- Information Technology
- 24.0%
- Financials
- 21.6%
- Health Care
- 17.4%
- Industrials
- 11.8%
- 9 other sectors
- 25.2%
- Information Technology
- 24.0%
- Financials
- 21.6%
- Health Care
- 17.4%
- Industrials
- 11.8%
- Consumer Discretionary
- 7.8%
- Consumer Staples
- 4.9%
- International
- 2.7%
- Other
- 2.4%
- Materials
- 2.3%
- Energy
- 1.9%
- Utilities
- 1.7%
- Communication Services
- 1.5%
- Cash
- 0.0%
How it has done
VDIGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.49%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
VANGUARD DIVIDEND GROWTH FUND is an actively managed U.S. equity fund. 16% of VDIGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.20%· VDIGX 0.20%
- Portfolio turnover
- 40.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
18 new· the largest 8
7 exited
Understand how this fund fits with the rest.
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- “Where do my funds overlap — VDIGX, QQQ and the fund in my 401(k)?”
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