Vanguard US Growth InvVWUSX

Vanguard US Growth has shown improvement, but it's still not a favorite.

This fund's two subadvisors have slightly different philosophies on growth investing, but both have benefited from the market rebound. John Jostrand from William Blair focuses on high-quality growth companies like Hewlett-Packard HP and typically takes a long-term view with a modest amount of trading.  Read more 

The AllianceBernstein team focuses on stocks it thinks can consistently beat Wall Street consensus forecasts for earnings, sales, margins, or other metrics. The fund trades opportunistically but keeps about 80% of its assets in 25 to 35 core holdings.  Read more 

Vanguard, in July 2008, replaced AllianceBernstein manager Alan Levi, who had run all or part of this fund since June 2001, with another team from the firm. Scott Wallace and James Reilly and their team at AllianceBernstein Large Cap Growth now share subadvising duties with John Jostrand of William Blair, who has worked on this fund since April 2004.  Read more 

This fund concentrates on established industry leaders with above-average growth prospects. The fund has a poor long-term track record, but its subadvisors' styles have been out of favor.  Read more