VANGUARD LIFESTRATEGY CONSERVATIVE GROWTH FUND

VANGUARD STAR FUNDS · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:VSCGX
$11.18B NAV
7 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

VANGUARD LIFESTRATEGY CONSERVATIVE GROWTH FUND is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q1

Vanguard LifeStrategy Conservative Growth Fund (the Fund) seeks to provide current income and low to moderate capital appreciation.

Strategy · summarised

The fund invests in a diversified mix of Vanguard mutual funds holding U.S. and foreign stocks and bonds according to a fixed allocation of approximately 60% fixed income and 40% equities, with further targets across U.S. stocks, foreign stocks, U.S. bonds, and foreign bonds. Fixed income holdings span government, agency, corporate, and securitized securities across maturities, while equity holdings cover large-, mid-, and small-capitalization stocks in both developed and emerging markets, with foreign bond exposure hedged to minimize currency risk.

Expenses
0.10%one share class
Share classExpense ratioAs of
VSCGX0.10%2026 Q1

Portfolio turnover 8.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.30%
of net assets
Bonds48.02%
Stocks41.55%
Securitized8.40%
Cash & short-term3.64%
Derivatives-0.32%

Look-through blends 4 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new2 exited

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+14.39%
3-year
+33.23%
5-year
+24.10%
Volatility
6.49%
Worst 3-yr fall
-6.18%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Vanguard Total Bond Market II Index Fund40.41%$4.52B
Vanguard Total Stock Market Index Fund24.88%$2.78B
Vanguard Total International Bond II Index Fund16.99%$1.90B
Vanguard Total International Stock Index Fund16.93%$1.89B
Vanguard Cmt Funds-Vanguard Market Liquidity Fund0.61%$67.75M
N/A0.03%$2.97M
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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 99.83% of net assets, top 25 99.83%, across 6 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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