VANGUARD WINDSOR FUND
VANGUARD WINDSOR FUNDS · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
VANGUARD WINDSOR FUND is an actively managed U.S. equity fund. 12% of VWNDX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 87% 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 Q1
Vanguard Windsor Fund (the Fund) seeks to provide long-term capital appreciation and income.
The fund employs multiple independent advisors who actively select large- and mid-cap stocks they believe are undervalued relative to earnings and book value, often favoring those with above-average dividend yields. The fund may invest up to 30% of its assets in foreign securities. Because each advisor independently constructs its own portfolio, the fund's overall holdings and performance will reflect the divergent views and security selections of its multiple managers.
| Share class | Expense ratio |
|---|---|
| VWNDX | 0.29% |
| VWNEX | 0.18% |
Portfolio turnover 45.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 97.47% |
| Cash & short-term | 2.54% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 20.4% |
| Health Care | 12.8% |
| Information Technology | 10.7% |
| Industrials | 10.0% |
| 10 smaller | 46.1% |
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
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +23.34% | +43.41% | +58.46% | 10.52% | -10.05% | |
| +23.48% | +43.82% | +59.24% | 10.49% | -10.03% |
These classes hold the same portfolio, so the 0.78pp spread over 5 years is the cost difference between them — roughly 0.16pp a year — not a difference in what they own.
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 |
|---|---|---|---|---|---|
| AMZN | Amazon.com IncAMZN | 2.40% | $265.06 | $580.87M | 2.2M |
| GOOGL | Alphabet IncGOOGL | 2.32% | $384.80 | $563.17M | 1.5M |
| TSN | Tyson Foods IncTSN | 1.93% | $64.07 | $468.39M | 7.3M |
| — | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 1.83% | — | $443.03M | — |
| MS | Morgan StanleyMS | 1.61% | $190.59 | $390.88M | 2.1M |
| SLB | SLB LtdSLB | 1.52% | $56.88 | $368.44M | 6.5M |
| WFC | Wells Fargo & CoWFC | 1.51% | $82.23 | $365.67M | 4.4M |
| CB | Chubb LtdCB | 1.50% | $327.00 | $364.96M | 1.1M |
| MSFT | Microsoft CorpMSFT | 1.49% | $407.78 | $360.17M | 883.2K |
| MRK | Merck & Co IncMRK | 1.47% | $109.18 | $357.39M | 3.3M |
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 17.58% of net assets, top 25 34.79%, across 138 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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