Vanguard Diversified Equity Fund (VDEQX)
The Vanguard Diversified Equity Fund with a stock symbol of VDEQX is a fund made up of eight other different Vanguard funds. These eight funds are having active strategies in small, middle, and large domestic companies. These fund managers pick stocks and try to outperform normal market returns, which add to the risk level.
The current stock price of this fund is at $17.90. The 52 week low was $10.45 and the high was $17.92. There are over $1.3 billion in total assets in this fund with a turnover ratio of 2%.
To invest in this fund, investors need a minimum of $3,000. The investment manager is Duane Kelly and had been on the job since June 10, 2005.
The current assets allocation is 2.7% in cash, 97.1% in stocks – 7.7% of which are from the foreign market, 0.20% in bonds and 0.1% in other unspecified investments. The investment allocation of this fund as of November 30, 2009 was the Vanguard Growth and Income Fund at 20.1%, Vanguard Windsor Funds at 15.1%, Vanguard Morgan Growth Fund at 15.1%, Vanguard US Growth Fund at 15.0%, Vanguard Windsor II Fund at 15.0%, Vanguard explorer Fund at 9.8%, Vanguard Capital Value Fund at 5.0%, and the Vanguard Mid-cap Growth Fund at 4.9%.
The performance of this fund for 2006 was at 12.9% of total return, for 2007 it was at 4.4% of total return, -39.5% of total return and YTD in 2009 at 34.9% of total return.
The Morningstar rating for this fund is average return and above average risk.
This Vanguard Diversified Equity Fund is for the investor that has long term goals and is willing to be patient.