Vanguard U.S. Value Fund Investor Shares

The fund concentrates its investments primarily in common equities of U.S. companies, with a distinct focus on value stocks. These are generally businesses that the market currently undervalues, often reflected in their below-average price-to-earnings multiples. The advisor utilizes a systematic quantitative methodology to choose holdings, targeting predominantly large and mid-capitalization firms. The objective is to identify companies that present an optimal mix of compelling growth prospects and attractive valuations when compared to their industry counterparts.