Vanguard Energy's transformation into an energy/utilities hybrid is sensible; its management team is well-credentialed for its broader purview; and it has other strengths. Both share classes retain their Morningstar Analyst Ratings of Silver.
Morningstar’s Fund Analysis VGENX
Will VGENX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VGENX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VGENX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VGENX’s parent organization’s priorities and whether they’re in line with investors’ interests.