Morningstar

Vanguard Equity-Income Fund Investor Shares VEIPX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 47.26  /  +0.64 %
  • Total Assets 67.8B
  • Adj. Expense Ratio
    0.260%
  • Expense Ratio 0.260%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.03%
  • Turnover 51%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis VEIPX

Will VEIPX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VEIPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VEIPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VEIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Vanguard Adds a Seasoned Manager to Vanguard Equity-Income; Ratings Unchanged.

null Todd Trubey

Todd Trubey

Analyst Note

Effective Sept. 29, 2026, Vanguard added Cesar Orosco, the head of quantitative equity, to the management team of Vanguard Equity-Income. On this strategy, Orosco joins Sharon Hill, a senior portfolio manager and head of a team that manages income-oriented mandates (such as this strategy), global factor funds, and select multi-asset strategies. She has been lead manager of the quantitative sleeve of Vanguard Equity-Income, with very strong results, since Feb. 26, 2021. Orosco remains a manager of Vanguard Strategic Equity and Vanguard Strategic Small-Cap Equity, which he has led since Feb. 26, 2021, with extremely strong results. This move comes as part of a set of manager changes on 14 mutual funds where the quantitative group manages the strategy or a portion of it. In each case, the fund had a single quantitative group portfolio manager and going forward will have two. These moves add another expert to each strategy and strengthen its resilience.

by Todd Trubey
Published on

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Portfolio Holdings VEIPX

More VEIPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Broadcom Inc

8.03 5B
Technology

Merck & Co Inc

2.43 2B
Healthcare

Johnson & Johnson

2.28 1B
Healthcare

Bank of America Corp

2.18 1B
Financial Services

Diamondback Energy Inc

1.86 1B
Energy

Cisco Systems Inc

1.46 955M
Technology

Huntington Bancshares Inc

1.34 878M
Financial Services

The Walt Disney Co

1.31 859M
Communication Services

M&T Bank Corp

1.30 853M
Financial Services

Unilever PLC ADR

1.27 833M
Consumer Defensive

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