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Equity Income Fund

Fact sheet | March 31, 2022 Vanguard Vanguard Equity Income FundDomestic stock fund | Admiral SharesFund facts Risk level Low High Total net assets Expense ratio as of 01/31/22 Ticker symbol Turnover rate Inception date fund number 12345 $48,261 MM %VEIRX %08/13/01 0565 Investment objectiveVanguard Equity Income fund seeks to provide an above-average level of current Income and reasonable long-term capital appreciation. BenchmarkSpliced Equity Income Index Growth of a $10,000 investment : January 31, 2012 December 31, 2021 $33,907 fund as of 12/31/21 $33,486 Benchmark as of 12/31/21 Annual returnsSpliced Equity Income Index: Russell 1000 Value Index through July 31, 2007; FTSE High Dividend Yield Index thereafter.

Fact sheet| December 31, 2021. VanguardEquity Income Fund. Domestic stock fund|Admiral™ Shares. Connect with Vanguard ® > vanguard.com Plain talk about risk An investment in the fund could lose money over short or even long periods. You should expect the fund’s share price and total return to fluctuate within a

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