VDIGX Stock: Vanguard Dividend Growth Fund Investor Shares Profile & Analysis (2026)
A professionally managed portfolio focused on high-quality companies with a history of increasing dividends — Updated May 2026 with current AUM, expense ratio, holdings, and performance data.
VDIGX, officially the Vanguard Dividend Growth Fund, stands as a premier choice for investors seeking exposure to high-quality U.S. companies with strong dividend-paying track records. Unlike many passive index funds, VDIGX is actively managed and subadvised by Wellington Management, specifically overseen by Peter Fisher. The fund’s strategy hinges on identifying companies that possess the financial durability to grow their payouts even during turbulent economic cycles. This focus on “all-weather” stocks makes it a cornerstone for many balanced portfolios, often including exposure to leaders found in the complete list of semiconductor companies listed on U.S. exchanges.
With approximately $36.8 billion in assets under management, VDIGX maintains a relatively concentrated portfolio compared to its peers. By limiting holdings to between 47 and 66 stocks, the management team ensures that each position has a meaningful impact on the fund’s performance. This selective approach is similar to how specialized investors might curate a list of small cap aerospace and defense stocks for targeted industrial exposure. For those looking for a mix of capital appreciation and rising income, VDIGX offers a institutional-grade strategy with an impressively low expense ratio of 0.22%.
Key Takeaways — VDIGX Stock
Subadvised by Wellington Management, providing professional stock selection rather than following a rigid, automated index.
The fund prioritizes companies with a proven commitment and financial capacity to increase dividends year-over-year.
At 0.22%, the expense ratio is significantly lower than the industry average for actively managed equity mutual funds.
Holds roughly 47-66 stocks, focusing on high-conviction names like Microsoft, Broadcom, and Eli Lilly for meaningful growth.
VDIGX — Live Price Chart
Real-time chart from TradingView.
VDIGX ETF Vitals & Key Statistics
Core data as of May 2026.
| Data Point | Value | Data Point | Value |
|---|---|---|---|
| Full Name | Vanguard Dividend Growth Fund Investor Shares | Ticker | VDIGX |
| Issuer | Vanguard | Asset Class | U.S. Equity |
| Index Tracked | None (Actively Managed) | Structure | Mutual Fund |
| Expense Ratio | 0.22% | AUM | $36.8B |
| Inception Date | December 6, 2002 | Exchange | NASDAQ |
| No. of Holdings | 47-66 | Dividend Yield | 0.22% |
| 52-Week High | $30.47 | 52-Week Low | $30.47 |
| Avg Daily Volume | 36.8B (Investor shares) | YTD Return | 0.22% |
| 1-Year Return | 0.22% | 5-Year Return | 0.22% |
| Category | Large-Cap Blend | Dividend Frequency | Semi-Annual |
VDIGX Top 10 Holdings (May 2026)
Largest positions by weight. Click columns to sort.
| Rank | Ticker | Company Name | Sector | Weight % |
|---|---|---|---|---|
| 1 | MSFT | Microsoft | Technology | 5.02% |
| 2 | AVGO | Broadcom | Technology | 4.99% |
| 3 | LLY | Eli Lilly | Healthcare | 4.07% |
| 4 | MA | Mastercard | Financials | 3.57% |
| 5 | AAPL | Apple | Technology | 3.42% |
| 6 | GOOGL | Alphabet | Communication | 3.93% |
| 7 | V | Visa | Financials | 3.15% |
| 8 | TJX | TJX Companies | Consumer Disc. | 2.80% |
| 9 | VIG | Vanguard Dividend Appreciation ETF | Financials | 0.04% |
| 10 | DGRO | iShares Core Dividend Growth ETF | Financials | 0.08% |
VDIGX — Pros & Cons
✓ High Conviction Strategy
The active management team selects fewer stocks than passive funds, allowing for greater exposure to high-performing dividend aristocrats.
✗ Manager Underperformance
Active management carries the risk that Peter Fisher and the team may make incorrect calls that lead to underperforming a benchmark index.
✓ Defensive Posture
The fund focuses on established companies with strong balance sheets, which typically offer better protection during market downturns.
✗ Lower Current Yield
Because the focus is on dividend growth rather than high yield, investors may see lower immediate income compared to REITs or utilities.
✓ Institutional Expertise
Subadvised by Wellington Management, providing individual investors access to professional research normally reserved for large institutions.
✗ Sector Concentration
The fund may lean heavily into technology or financials, potentially leading to volatility if those specific sectors face headwinds.
Who Should Consider VDIGX?
Long-term investors who prioritize total return and dividend growth over immediate, high-yield income. Those looking to complement a complete list of food & beverage companies listed on U.S. exchanges with more diversified large-cap growth.
Aggressive day traders or investors who strictly want to follow a passive, index-only investment philosophy without manager intervention.
You want to mitigate volatility in a portfolio that is otherwise heavily weighted in growth stocks or volatile sectors like tech.
Ideally suited for tax-advantaged accounts like an IRA or 401(k) where reinvested dividends can grow tax-deferred over decades.
VDIGX vs Similar ETFs
Key metrics comparison.
| ETF | Full Name | Expense Ratio | AUM | Holdings | Div Yield | YTD | Best For |
|---|---|---|---|---|---|---|---|
| VDIGX ★ | Vanguard Dividend Growth Fund | 0.22% | $36.8B | 47-66 | 0.22% | 0.22% | Active Growth |
| VIG | Vanguard Dividend Appreciation ETF | 0.04% | ~$80B | 300+ | 1.7% | 0.22% | Passive Income |
| DGRO | iShares Core Dividend Growth ETF | 0.08% | ~$25B | 400+ | 2.2% | 0.22% | Low Cost Index |
| DGRW | WisdomTree U.S. Dividend Growth Fund | 0.28% | ~$12B | 300 | 1.6% | 0.22% | Quality Factors |
VDIGX Technical Analysis
Real-time buy/sell signals.
VDIGX — Risks & Considerations
Manager Selection Risk
Because VDIGX is actively managed, performance depends heavily on the decisions of the Wellington Management team. If their picks fail to keep pace with the market, investors could see lower returns than a broad index fund.
Economic Sensitivity
While the fund targets stable dividend growers, severe economic recessions can force even high-quality companies to cut dividends, which could negatively impact the fund’s price and yield.
Interest Rate Sensitivity
Dividend-paying stocks can sometimes behave like bonds; when interest rates rise sharply, dividend funds may become less attractive compared to risk-free treasury yields.
Holdings Concentration
With a tighter portfolio of roughly 50 stocks, a significant decline in a major holding like Microsoft or Broadcom will have a more pronounced effect on VDIGX than on a more diversified fund.