The investment seeks above-average level of current income and reasonable capital appreciation. The fund primarily invests in common stocks of medium-sized and large companies whose stocks pay above-average levels of dividend income and are considered to have the potential for capital appreciation. In addition, the advisors generally look for companies that they believe are committed to paying dividends consistently. The fund invests at least 80% of assets in stocks, also known as equity securities.
Fund filings (PDF) »

Asset managers:
Michael Reckmeyer III (Started: Dec 31, 2007)
James Stetler (Started: Dec 31, 2003)

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

	1 year	3 years	5 years	10 years
Alpha*	-6.60	1.76	0.79	2.56
Beta*	1.07	0.86	0.91	0.78
Mean annual return	0.51	-0.40	0.21	0.29
R-squared*	97.27	96.92	93.23	75.89
Standard deviation	25.55	18.57	15.11	14.45
Sharpe ratio	0.23	-0.39	-0.03	0.04
* Against standard index

Risk measurement details »

Security	Net Assets
J.P. Morgan Chase & Co. (JPM)	4.07%
Chevron Corporation (CVX)	3.85%
Johnson & Johnson (JNJ)	3.72%
AT&T, Inc. (T)	3.13%
Pfizer Inc. (PFE)	2.95%
Wells Fargo Company (WFC)	2.67%
General Electric Company (GE)	2.47%
Intel Corporation (INTC)	2.44%
Merck & Co., Inc. (MRK)	2.39%
Philip Morris International Inc (PM)	2.22%

Holdings Performance »