The investment seeks to provide long-term growth of income and a high and sustainable level of current income, along with moderate long-term capital appreciation. The fund invests approximately 60% to 65% of assets in investment-grade corporate, U.S. Treasury, and government agency bonds, as well as mortgage-backed securities. The remaining 35% to 40% of fund assets are invested in common stocks of companies that have a history of above-average dividends or expectations of increasing dividends.
Fund filings (PDF) »

Asset managers:
John C. Keogh (Started: Jun 30, 2008)
Michael Reckmeyer III (Started: Jun 30, 2008)

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

	1 year	3 years	5 years	10 years
Alpha*	4.44	1.84	0.71	2.44
Beta*	0.71	0.57	0.61	0.49
Mean annual return	1.40	0.28	0.42	0.54
R-squared*	86.82	85.20	81.84	55.51
Standard deviation	11.55	9.03	7.28	6.57
Sharpe ratio	1.44	0.10	0.28	0.54
* Against standard index

Risk measurement details »

Security	Net Assets
US Treasury Note 1.375%	1.83%
Merck & Co., Inc. (MRK)	1.81%
Chevron Corporation (CVX)	1.62%
Pfizer Inc. (PFE)	1.48%
Home Depot, Inc. (HD)	1.41%
Johnson & Johnson (JNJ)	1.33%
Kimberly-Clark Corporation (KMB)	1.33%
AT&T, Inc. (T)	1.16%
Dominion Resources, Inc. (D)	1.13%
Toronto-Dominion Bank (TD)	1.11%

Holdings Performance »