The top five holdings in this Value fund are Micron Technology Inc (MU, 2.62% of assets); Cigna Corp (CI, 2.37%); Willis Towers Watson PLC (WLTW, 2.23%); AerCap Holdings NV (AER, 2.12%); and KeyCorp (KEY, 2.04%).
Vanguard Selected Value Inv (VASVX)
From The No-Load Fund Investor
The various funds we include in Best Buys are open directly through their own distribution, but available via online. brokerages only to existing shareholders. Therefore, a few readers who are not long-term devotees of one of our Best Buys models, especially one of the Master ones, may be prohibited from buying some of our recommendations via their brokerage of choice.
However, if one is willing to pay a $76 upfront fee to buy a Vanguard fund on the Schwab platform, we think Vanguard Selected Value (VASVX) is an excellent substitute.
Like American Century Mid Cap Value, Vanguard Selected Value is a contrarian type of fund that emphasizes mid cap stocks but also holds some larger ones. Both funds avoid the hot stocks in the market and are quite eclectic in their value holdings.
Mark Salzinger, The No-Load Fund Investor, 800-706- 6364, www.noloadfundinvestor.com, May 2018