VANGUARD LIFESTRATEGY INCOME FUND
VANGUARD STAR FUNDS · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
VANGUARD LIFESTRATEGY INCOME 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 Income Fund (the Fund) seeks to provide current income and some capital appreciation.
The fund invests through a mix of Vanguard mutual funds in a fixed allocation of approximately 80% fixed income and 20% stocks, targeting 56% U.S. bonds, 24% foreign bonds (currency-hedged), 12% U.S. stocks, and 8% foreign stocks. The underlying holdings span government, agency, corporate, and securitized bonds across maturities, along with diversified equity exposure across market capitalizations. Because the fund's returns depend on the performance of its underlying fund holdings, divergence from the stated allocation targets will cause the fund to drift from its intended risk profile until rebalanced.
| Share class | Expense ratio | As of |
|---|---|---|
| VASIX | 0.10% | 2026 Q1 |
Portfolio turnover 8.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 64.94% |
| Stocks | 21.42% |
| Securitized | 11.34% |
| Cash & short-term | 4.25% |
| Derivatives | -0.44% |
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
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 |
|---|---|---|---|---|---|
| — | Vanguard Total Bond Market II Index Fund | 54.53% | $9.52 | $2.20B | 230.9M |
| — | Vanguard Total International Bond II Index Fund | 23.06% | $8.71 | $929.72M | 106.7M |
| — | Vanguard Total Stock Market Index Fund | 12.71% | $172.36 | $512.28M | 3.0M |
| — | Vanguard Total International Stock Index Fund | 8.84% | $26.64 | $356.40M | 13.4M |
| — | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 0.65% | — | $26.14M | — |
| — | N/A | 0.03% | — | $1.09M | — |
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 99.82% of net assets, top 25 99.82%, 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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