The investment seeks 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 feels are trading at prices that are below average in relation to measures such as earnings and book value. The fund uses multiple investment advisors.
Fund filings (PDF) »
James Mordy (Started: Jun 23, 2008)
Antonio DeSpirito, III (Started: Aug 2, 2012)
John Goetz (Started: Aug 2, 2012)
Richard Pzena (Started: Aug 2, 2012)
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Vanguard, 100 Vanguard Boulevard, Malvern, PA 19355, USA