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  2. Today, Vanguard Wellington Fund is the industry’s oldest balanced fund and one of its largest. Nearly a half century after the fund was introduced, a novel start-up named Vanguard adopted the investment philosophy of this pioneering fund: balance, diversification, discipline, and a long-term perspective.

    • Our Index Fund Is Copied . . . and Praised
    • Betting on The 500 Index Fund
    • Market Indexes Have Outpaced 91 Percent of Actively Managed Funds
    • Index Funds Dominate

    The 500 Index set the standard for the index funds that followed Vanguard’s innovation, first at Wells Fargo (1984), then at Colonial (born 1986; died 1993, R.I.P.), and then at Fidelity (1988). The first exchange-traded index fund (ETF), the now-famous SPDR (or “Spider”) formed in 1993, also tracks the S&P 500 Index. If more adulation were needed,...

    Even when we chose the S&P 500 as the target for our firms’ index fund, we were aware that in the ideal, the Total Stock Market Index would be the most pristine means for capturing the market’s returns. So in 1987 we created our second equity index fund, Vanguard Extended Market Index Fund. This was a “completion fund,” holding the mid- and small-c...

    In the spring of 2018, Standard & Poor’s Corporation produced its annual comparison of the 15-year returns on all major classes of actively managed funds and compared them to the returns achieved by the S&P index in each category. The report is titled “Standard & Poor’s Index Versus Active,” commonly referred to as the “SPIVA Scorecard.” The across...

    From the fortuitous creation of First Index Investment Trust in 1975 – the world’s first index mutual fund – to today’s portfolio of 75 index funds in the United States alone, Vanguard has been the leader in the burgeoning index fund sector of the mutual fund industry. The index fund share of the assets of all U.S. equity funds has soared from a ma...

  3. Jul 29, 2021 · It is Vanguard's oldest mutual fund and the nation's oldest balanced mutual fund, and it has been subadvised by Wellington Management since its inception in 1929. The Vanguard...

  4. 1929. Wellington Fund, Vanguard’s oldest, launches July 1, 1929. 423. Number of funds offered worldwide, as of April 30, 2024: 208 in the U.S. (including variable annuity portfolios) and 215 in markets outside the U.S. 50M+. More than 50 million investors, as of December 31, 2023. 0.08%

  5. Apr 30, 2023 · Andriy Blokhin. Updated April 30, 2023. Reviewed by. Khadija Khartit. In the ever-changing world of investing, the Vanguard Wellington Fund is a true survivor. Founded in 1929, it was the first...

  6. May 10, 2024 · John Bogle, Vanguard's founder, began the first index fund, which tracked the S&P 500, in 1976. Index funds with low fees are appropriate investments for the majority of investors.

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