The Fund Grade · free · no account needed
What grade does VDIGX 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.
Fundprints Fund Grade · as of 2026-09-01
Vanguard Dividend Growth
#116 of 440 graded active funds · growth · large segment peer group
The point · specialist footprint
VDIGX puts more of its book behind proven specialists than 80% of graded funds.
Bottom 20%
Bottom 40%
Middle
Top 40%
● Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8 points per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice
You pay 0.20% a year for a B.
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.
Conviction exposure
33.6%
of the book in specialist-converged names
Late-stage weight
23.3%
of the book in Crowded or Fading names
Active share
85.6%
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 2026-09-09
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
Vanguard Dividend Growth earns a B grade at a very low 0.20% fee, with specialists holding about a third of the fund. The most striking concern is that five of the largest positions, including Broadcom at 6.5% and KLA at 2.8%, are in Fading stage, meaning proven specialists are actively leaving those trades. Early conviction names like NOC, AXP, and DHR offer some forward interest but carry smaller weights.
→ Watch the Fading weight in AVGO closely, as it is the single largest position and specialists are exiting.
→ Compare the Emerging positions in NOC, AXP, and DHR against the Fading cluster to judge whether the fund is rotating or simply holding stale winners.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.
The evidence base updates this week.
The specialists — not the whales — are already positioned for what comes next. Stop finding out last.
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