Vanguard Star Fund (VGSTX)
The investment aim of Vanguard Star Fund is to provide long-term capital appreciation and income. This hybrid fund invests in a diversified group of other Vanguard mutual funds, rather than in individual stocks or bonds. This Vanguard fund uses a balanced investment approach by investing 60% to 70% of assets in common stocks through eight stock funds; 20% to 30% of assets in bonds through 2 bond funds; and 10% to 20% of assets in short-term investments through a short-term bond fund.
Fund Details
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| Vanguard Star Fund |
- Fund Inception Date: 03/29/1985
- Ticker Symbol: VGSTX
- CUSIP: 921909602
- Beta (3yr): 1.07
- Rank in category (2011): 37%
- Category: Moderate Allocation
- Distribution Rate: 2.55%
- Capital Gains: 0%
- Expense Ratio: 0.00%
- Net Assets: $ 13.60 billion
- Number of Years Up: 22 years
- Number of Years Down: 4 years
- Annual Turnover Rate: 24%
This Vanguard fund is currently managed by Duane F. Kelly. He started managing this fund since July 2009. This top rated balanced fund has total net assets of $13.60 billion. The dividend yield of this fund is 2.55%. The latest distribution was done on December 2011 ($0.19). This fund has annual expense ratio of 0.00%. The average annual expense ratio in the Moderate Allocation category is 0.99%. The 3-year beta of this fund is 1.07. This actively managed fund doesn't have a 12b1 fee and a front-end sales load fee.
Since its inception in 1985, this fund has returned in 22 years of positive return and 4 years of negative return. The best return so far was achieved in 2009 with 24.85%. This fund has YTD return of 0.77% and the 5-year average return is 2.33%. Based on the load adjusted return, this moderate allocation balanced fund has returned 12.01% over the past 3-years and 5.21% over the past decade. Morningstar has rated this fund with 4 stars rating. The Morningstar Analyst Rating is Silver rating.
This Best Vanguard fund can be purchased through 88 brokerages, such as E Trade Financial, Schwab Institutional, JP Morgan, T Rowe Price, Vanguard NTF, Royal Alliance, Raymond James, Firstrade, etc. The minimum initial investment for this fund is $1,000. This applies for both brokerage and IRA account. This fund has minimum subsequent investment of $100.
The asset allocation of this Vanguard fund as of November 2011 is Stocks (63.39%), Bonds (24.34%) and Short-term reserves (12.27%). The benchmarks of this VGSTX fund are STAR Composite Index and Dow Jones U.S. Total Stock Market Index.
The top 5 allocations to underlying funds are Vanguard Windsor II Fund Investor Shares (Symbol: VWNFX) (14.3%), Vanguard Short-Term Investment-Grade Fund Investor Shares (12.3%), Vanguard GNMA Fund Investor Shares (12.3%), Vanguard Long-Term Investment-Grade Investor Shares (12.0%) and Vanguard International Value Fund (9.6%).
Disclosure: No Position
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