Investment objective & strategy
As of Feb. 27, 2026 · prospectusObjective. Vanguard Advice Select 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.
Strategy. The Fund employs an active management approach, investing primarily in stocks that tend to offer current dividends. The Fund focuses on high-quality companies that have prospects for long-term total returns as a result of their ability to grow earnings and their willingness to increase dividends over time. These securities typically (but not always) will be large-cap, undervalued relative to the market, and will show potential for increasing dividends. The Fund seeks to invest broadly across industry sectors. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in dividend paying securities. The Fund is considered nondiversified, as defined under the Investment Company Act of 1940, which means that … The Fund employs an active management approach, investing primarily in stocks that tend to offer current dividends. The Fund focuses on high-quality companies that have prospects for long-term total returns as a result of their ability to grow earnings and their willingness to increase dividends over time. These securities typically (but not always) will be large-cap, undervalued relative to the market, and will show potential for increasing dividends. The Fund seeks to invest broadly across industry sectors. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in dividend paying securities. The Fund is considered nondiversified, as defined under the Investment Company Act of 1940, which means that it may invest a greater percentage of its assets in the securities of particular issuers as compared with diversified funds.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| BROADCOM INC | — | $56.93M | 5.50% |
| MICROSOFT CORP | — | $52.62M | 5.08% |
| LILLY ELI and CO | — | $51.58M | 4.98% |
| MASTERCARD INC CL A | — | $45.25M | 4.37% |
| LINDE PLC | — | $43.16M | 4.17% |
| S&P GLOBAL INC | — | $42.30M | 4.09% |
| TEXAS INSTRUMENTS INC | — | $42.27M | 4.08% |
| NORTHROP GRUMMAN CORP | — | $38.81M | 3.75% |
| HONEYWELL INTL INC | — | $38.72M | 3.74% |
| CHUBB LTD | — | $36.78M | 3.55% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| VANGUARD WELLINGTON DIVIDEND GROWTH ACTIVE ETF · VDIG | 89% | 0.40% |
| MML Focused Equity Fund | 79% | 0.88% |
| VANGUARD DIVIDEND GROWTH FUND · VDIGX | 78% | 0.22% |
Advisers
| Firm | Role |
|---|---|
| Wellington Management Company LLP | Adviser |
Footnotes
- Expense ratio as of February 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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