VANGUARD DIVIDEND GROWTH FUND
VANGUARD SPECIALIZED FUNDS · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q2
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.
| Share class | Expense ratio |
|---|---|
| VDIGX | 0.20% |
Portfolio turnover 40.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.04% |
| Cash & short-term | 0.91% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 25.7% |
| Financials | 20.2% |
| Health Care | 14.8% |
| Industrials | 12.8% |
| 9 smaller | 26.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| AVGO | Broadcom IncAVGO | 6.49% | $417.43 | $2.40B | 5.7M |
| MSFT | Microsoft CorpMSFT | 5.19% | $407.78 | $1.92B | 4.7M |
| LLY | Eli Lilly & CoLLY | 3.88% | $934.60 | $1.43B | 1.5M |
| TXN | Texas Instruments IncTXN | 3.68% | $281.08 | $1.36B | 4.8M |
| AAPL | Apple IncAAPL | 3.43% | $271.35 | $1.27B | 4.7M |
| MA | Mastercard IncMA | 3.37% | $502.92 | $1.25B | 2.5M |
| V | Visa IncV | 3.19% | $329.84 | $1.18B | 3.6M |
| KLAC | KLA CorpKLAC | 2.75% | $1,750.35 | $1.01B | 579.9K |
| WFC | Wells Fargo & CoWFC | 2.74% | $82.23 | $1.01B | 12.3M |
| BLK | BlackRock Funding IncBLK | 2.71% | $1,065.60 | $999.34M | 937.8K |
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.
Top 10 positions are 37.42% of net assets, top 25 69.66%, across 58 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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