VWELX adopts an active management strategy, primarily targeting established large-cap value stocks, which constitute 60%-70% of its portfolio. This focus on undervalued companies positions the fund well in a rising economic environment where durable businesses may experience growth. The remaining 30%-40% in fixed income securities, including corporate and government bonds, provides a buffer against market volatility. Given current economic conditions, VWELX offers a balanced approach, potentially benefiting from both market recovery and stable income generation.