# Vanguard Wellington Fund Admiral Shares (VWENX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vwenx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Multi-Asset - Strategy: Thematic · Inception: 2001-05-14 Tracing its origins back to 1929, the Wellington Fund holds the distinction of being Vanguard's inaugural mutual fund and the longest-standing balanced fund in the nation. Its investment approach typically allocates approximately two-thirds of its assets to equities and the remaining one-third to fixed-income securities. A key feature of this fund is its extensive diversification, accomplished by investing in both stocks and bonds across a comprehensive range of economic sectors. This broad strategy ensures that the performance of any single holding will not disproportionately affect the fu... ## Key Facts | Metric | Value | |---|---| | Price | $80.77 | | Expense Ratio | 0.16% | | Assets Under Management | $120.40B | | NAV | $80.77 | | Holdings Count | 71 | | Distribution Yield (TTM) | 11.03% | | Annual Distribution (TTM) | $8.91 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $72.74 – $85.06 | | Beta | 0.89 | ## Latest Distribution - Amount: $0.4037 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-21 ## Frequently Asked Questions ### What does VWENX invest in? Tracing its origins back to 1929, the Wellington Fund holds the distinction of being Vanguard's inaugural mutual fund and the longest-standing balanced fund in the nation. Its investment approach typically allocates approximately two-thirds of its assets to equities and the remaining one-third to fixed-income securities. A key feature of this fund is its extensive diversification, accomplished by investing in both stocks and bonds across a comprehensive range of economic sectors. This broad strategy ensures that the performance of any single holding will not disproportionately affect the fund's overall returns. It is particularly well-suited for individuals with an extended investment horizon who seek capital appreciation and are comfortable navigating the inherent volatility of the stock market, potentially serving as a foundational component of their investment portfolio. ### What is the expense ratio of VWENX? Vanguard Wellington Fund Admiral Shares (VWENX) charges an expense ratio of 0.16%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VWENX's dividend yield? VWENX's trailing-twelve-month yield is 11.03%, calculated from the sum of dividends over the past year divided by the current price. ### How big is VWENX? Vanguard Wellington Fund Admiral Shares (VWENX) manages $120.40B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VWENX actively managed or an index fund? VWENX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VWENX launched? Vanguard Wellington Fund Admiral Shares (VWENX) launched in May 2001 and is managed by Vanguard. ### Does VWENX pay a dividend? Yes, Vanguard Wellington Fund Admiral Shares (VWENX) distributes dividends to shareholders. The trailing-twelve-month yield is 11.03%. Full dividend history is on this page. ### How often does VWENX pay dividends? Vanguard Wellington Fund Admiral Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VWENX's next ex-dividend date? The most recently announced ex-dividend date for VWENX was 2026-09-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VWENX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.16% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VWENX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VWENX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VWENX cost more than a fund like VOO? VWENX's strategy (current expense ratio 0.16%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VWENX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VWENX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VWENX (0.16%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vwenx - Distribution history: https://www.dividenddata.com/funds/vwenx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vwenx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vwenx/expenses - Peer comparison: https://www.dividenddata.com/funds/vwenx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.