# Vanguard Windsor II Fund Admiral Shares (VWNAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vwnax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Large Cap Equity - Strategy: Thematic · Inception: 2001-05-14 The managers of the Windsor II Fund adopt a value-oriented approach, carefully selecting large-cap stocks at what they consider reasonable prices. While this fund, like all stock investments, is subject to market risks, its focus on undervalued companies is designed to potentially offer a smoother investment journey. It's worth noting, however, that this strategy may result in underperformance during periods of strong bull markets. This fund could be an appropriate choice for long-term investors who prioritize reducing market volatility compared to more aggressive investment options. ## Key Facts | Metric | Value | |---|---| | Price | $95.29 | | Expense Ratio | 0.24% | | Assets Under Management | $65.20B | | NAV | $95.29 | | Holdings Count | 183 | | Distribution Yield (TTM) | 10.04% | | Annual Distribution (TTM) | $9.57 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $80.68 – $96.05 | | Beta | 0.78 | ## Latest Distribution - Amount: $0.6828 /share - Ex-date: 2026-06-18 - Pay date: 2026-06-22 ## Frequently Asked Questions ### What does VWNAX invest in? The managers of the Windsor II Fund adopt a value-oriented approach, carefully selecting large-cap stocks at what they consider reasonable prices. While this fund, like all stock investments, is subject to market risks, its focus on undervalued companies is designed to potentially offer a smoother investment journey. It's worth noting, however, that this strategy may result in underperformance during periods of strong bull markets. This fund could be an appropriate choice for long-term investors who prioritize reducing market volatility compared to more aggressive investment options. ### What is the expense ratio of VWNAX? Vanguard Windsor II Fund Admiral Shares (VWNAX) charges an expense ratio of 0.24%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VWNAX? Vanguard Windsor II Fund Admiral Shares (VWNAX) manages $65.20B 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 VWNAX actively managed or an index fund? VWNAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VWNAX launched? Vanguard Windsor II Fund Admiral Shares (VWNAX) launched in May 2001 and is managed by Vanguard. ### How has VWNAX performed? VWNAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does VWNAX pay a dividend? Vanguard Windsor II Fund Admiral Shares (VWNAX) currently distributes little or no income. Trailing-twelve-month yield is 10.04%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VWNAX pay dividends? Vanguard Windsor II Fund Admiral Shares pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VWNAX's dividend yield? VWNAX's trailing-twelve-month yield is 10.04%, calculated from the sum of dividends over the past year divided by the current price. ### When is VWNAX's next ex-dividend date? The most recently announced ex-dividend date for VWNAX was 2026-06-18. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will VWNAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.24% 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 VWNAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VWNAX'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 VWNAX cost more than a fund like VOO? VWNAX's strategy (current expense ratio 0.24%) 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 VWNAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VWNAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VWNAX (0.24%) 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/vwnax - Distribution history: https://www.dividenddata.com/funds/vwnax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vwnax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vwnax/expenses - Peer comparison: https://www.dividenddata.com/funds/vwnax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.