The investment seeks to provide long-term capital appreciation and income. The fund invests mainly in large- and mid-capitalization companies whose stocks are considered by an advisor to be undervalued. Undervalued stocks are generally those that are out of favor with investors and that the advisor believes are trading at prices that are below average in relation to measures such as earnings and book value. It uses multiple investment advisors.
Fund filings (PDF) »
Benjamin Silver (Started: May 27, 2015)
John Flynn (Started: Feb 23, 2017)
James Mordy (Started: Jun 23, 2008)
Richard Pzena (Started: Aug 2, 2012)
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Vanguard, 100 Vanguard Boulevard, Malvern, PA 19355, USA