The Fund Grade · free · no account needed

What grade does VASVX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

D

Fundprints Fund Grade · as of 2026-10-01

Vanguard Selected Value Fund

#352 of 500 graded active funds · value · mid segment peer group

The point · specialist footprint

VASVX puts less of its book behind proven specialists than 88% of graded funds.

● Bottom 20%

Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

10,000+ funds tracked · the graded specialists among them drive every read

You pay 0.34% a year for a D.

3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

VASVX vs the Honor Roll · share card ↗

Conviction exposure

1.8%

of the book in specialist-converged names

Late-stage weight

26.8%

of the book in Crowded or Fading names

Active share

92.2%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
AER 2.5%PPG 1.1%KNX 1.1%+10 locked
Consensus
CRBG 1.8%HUM 1.4%WTM 1.3%+49 locked
Emerging
CCI 1.1%ST 1%SM 0.9%+3 locked
Crowded
FISV 0.9%RHP 0.9%SPB 0.8%+10 locked
Fading
LKQ 1.7%AAP 1.5%FITB 1.2%+22 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

VASVX grades D, ranking 352 out of 500, with specialist ownership at just 1.8 percent. Five positions including LKQ, AAP, and Tyson Foods are all in Fading stage, meaning specialists are actively leaving those trades. AER is the one early bright spot, but at 0.34 percent the fee comes with very little specialist conviction behind it.

→ Watch the five Fading positions closely, LKQ and AAP together represent over 3 percent of the fund with specialists exiting.

→ Higher graded funds exist in this same segment and within Vanguard's own family, so comparing grades against this D rating is worth the time.

Support leaving these positions

LKQ 1.7% of the fund · Fading

AAP 1.5% of the fund · Fading

FITB 1.2% of the fund · Fading

FNF 1.1% of the fund · Fading

TSN 1.1% of the fund · Fading

Where it's genuinely early

AER 2.5% of the fund · Early Conviction

PPG 1.1% of the fund · Early Conviction

CCI 1.1% of the fund · Emerging

Read from today's disclosed book. Evidence, not advice.

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