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Its sister fund, the Vanguard Wellington Fund Admiral Shares (MUTF:VWENX), is newer, having been created in May, 2001. It is similar in virtually all respects to the original, except it comes with ...
Mutual Fund Report for VWENX
Vanguard is owned by the funds managed by the company and is therefore owned by its customers. [11] Vanguard offers two classes of most of its funds: investor shares and admiral shares. Admiral shares have slightly lower expense ratios but require a higher minimum investment, often between $3,000 and $100,000 per fund. [12]
Mutual Fund Report for VWENX. For premium support please call: 800-290-4726 more ways to reach us
The Wellington Fund was the first balanced mutual fund in the United States, and is one of the oldest surviving mutual funds. It was established in 1928 by Walter L. Morgan with $100,000 raised from relatives and business people in Morgan's home state of Pennsylvania .
Wellington Management Company is a private, independent investment management firm with client assets under management totaling over US$1 trillion based in Boston, Massachusetts, United States. The firm serves as an investment advisor to over 2,200 institutions [ 2 ] in over 60 countries, as of 30 June 2020. [ 3 ]
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