Vanguard Convertible Securities  VCVSX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Convertibles Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
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   Avg Duration
   3.20 Yrs
   Avg Credit Quality
   BB
As of 2009-07-31
Day Change
$ 0.00
  
NAV (2009-11-10)
$ 12.15
  
YTD Return % (2009-11-10)
34.43%
  
Total Assets ($ mil)
1,684
View Data Definitions
  Performance    
Growth of $10,000 Fund: Vanguard Convertible Securities
(from 1999-01-01 to 2009-10-31) Category: Convertibles
Index: Morningstar Moderate Target Risk
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1986-06-17 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 34.10 51.44 1.49 5.25 6.19 8.01
+/- Category 1.09 19.23 2.77 2.50 1.82 ---
+/- Morningstar Moderate Target Risk 13.53 20.35 0.33 0.43 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 33.30 13.24 2.85 5.80 6.96 8.20
Month-End (as of 2009-10-31) 28.92 33.76 1.03 5.13 6.19 8.01
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 31.92 -1.28 3.06 4.03 ---
On Distribution & Sale of Shares --- 21.83 -0.22 3.42 4.13 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 66 funds), (5 yrs : out of 61 funds), (10 yrs : out of 44 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is 1.00%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 0.00
Software 0.00
Hardware 0.00
Media 0.00
Telecommunications 0.00
Service 0.00
Healthcare 0.00
Consumer Services 0.00
Business Services 0.00
Financial Services 0.00
Manufacturing 100.00
Consumer Goods 0.00
Industrial Materials 0.00
Energy 0.00
Utilities 100.00
Bond Quality % of Bonds
AAA 0.0
AA 0.0
A 7.9
BBB 8.0
BB 21.0
B 21.5
Below B 4.3
Not Rated 37.2
 
Asset Allocation
% of Net Assets
Cash 1.2
Stocks 0.6
Bonds 4.7
Other 93.5
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-07-31 Data through 2009-07-31
 
Holding Status
Total Number of Stock Holdings 1 Turnover % 77
Total Number of Bond Holdings 14 30 Day SEC Yield % 4.52
% of Assets in Top 10 Holdings 19.95 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
CMT Market Liquidity Rate --- --- --- 3.15
Sba Comms Cv 1.875% --- --- --- 2.60
Micron Tech Cv 1.875% --- --- --- 2.32
Invitrogen 1.5% --- --- --- 2.15
AMGEN --- --- --- 2.12
ON SEMICONDUCTOR --- --- 2.08
EQUINIX --- --- 1.83
Chesapeake Engy 2.75% --- --- 1.77
Biovail 144A --- --- 1.77
Netapp 1.75% --- --- 1.67
Data through 2009-07-31
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1986-06-17
Portfolio Manager  (Start Date)
Larry Keele  (1996-11-01)
Keele is a principal with Oaktree Capital Management, a company he co-founded. Between 1986 and 1995, he served as a managing director with TCW Group. Prior to that, he was a vice president with NationsBank from 1981 to 1986. Keele earned his Chartered Financial Analyst designation in 1984.
Sales Charge %
(taken from prospectus dated 2009-03-20)
Front: None
Deferred: None
Expense Ratio % 0.71
based on net assets
(taken from annual report dated 2008-11-30)
Correspondence Information
PO Box 2600 V26

Valley Forge,  PA  19482
United States
Telephone:
800-662-7447
610-669-1000
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.