If you've been stuck searching for Mutual Fund Equity Report funds, consider Vanguard Wellington Admiral (VWENX Quick QuoteVWENX - Free Report) as a possibility. VWENX holds a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performance.

History of Fund/Manager

Vanguard Group is responsible for VWENX, and the company is based out of Malvern, PA. Vanguard Wellington Admiral made its debut in May of 2001, and since then, VWENX has accumulated about $111.82 billion in assets, per the most up-to-date date available. The fund is currently managed by Loren L. Moran who has been in charge of the fund since January of 2017.

Performance

Of course, investors look for strong performance in funds. This fund has delivered a 5-year annualized total return of 12.37%, and is in the top third among its category peers. If you're interested in shorter time frames, do not dismiss looking at the fund's 3-year annualized total return of 17.32%, which places it in the top third during this time-frame.

When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. The standard deviation of VWENX over the past three years is 11.38% compared to the category average of 13.18%. The standard deviation of the fund over the past 5 years is 9.98% compared to the category average of 11.54%. This makes the fund less volatile than its peers over the past half-decade.

Risk Factors

With a 5-year beta of 0.63, the fund is likely to be less volatile than the market average. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. With a positive alpha of 0.29, managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns.

Expenses

As competition heats up in the mutual fund market, costs become increasingly important. Compared to its otherwise identical counterpart, a low-cost product will be an outperformer, all other things being equal. Thus, taking a closer look at cost-related metrics is vital for investors. In terms of fees, VWENX is a no load fund. It has an expense ratio of 0.16% compared to the category average of 0.86%. From a cost perspective, VWENX is actually cheaper than its peers.

This fund requires a minimum initial investment of $50,000, and each subsequent investment should be at least $1.

Bottom Line

Overall, Vanguard Wellington Admiral ( VWENX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now.

For additional information on this product, or to compare it to other mutual funds in the Mutual Fund Equity Report, make sure to go to www.zacks.com/funds/mutual-funds for additional information. Zacks provides a full suite of tools to help you analyze your portfolio - both funds and stocks - in the most efficient way possible.