The investment seeks long-term growth of capital and income. The fund invests mainly in the stocks of medium-size U.S. companies, choosing stocks considered to be undervalued which are generally those that are out of favor with investors and are trading at prices that the advisor feels are below average in relation to such measures as earnings and book value.
Fund filings (PDF) »

Asset managers:
James P. Barrow (Started: Mar 25, 1999)
Mark Giambrone (Started: Dec 18, 2002)
Donald Smith (Started: May 23, 2005)
Richard Greenberg (Started: May 23, 2005)

Advisor Company:
The Vanguard Group, Inc.
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	11.40	0.65	2.80	8.60
Beta*	1.02	0.82	1.03	0.88
Mean annual return	1.97	-0.29	0.37	0.77
R-squared*	91.54	94.54	89.15	68.26
Standard deviation	25.15	21.18	17.34	17.26
Sharpe ratio	0.93	-0.28	0.08	0.37
* Against standard index

Risk measurement details »

Security	Net Assets
CMT Market Liquidity Rate	13.32%
Annaly Capital Management, Inc. (NLY)	2.92%
International Game Tech. (IGT)	2.88%
Pinnacle West Capital (PNW)	2.72%
Omnicare, Inc. (OCR)	2.50%
Computer Sciences Corporation (CSC)	2.42%
Goodrich Corporation (GR)	2.22%
Willis Group Holdings, Ltd. (WSH)	2.18%
MDU Resources Group, Inc. (MDU)	2.17%
Xcel Energy, Inc. (XEL)	2.15%

Holdings Performance »