Vanguard Specialized Portfolios, Vanguard Dividend Growth Fund
Vanguard Specialized Funds
Po Box 2600 V26
Valley Forge PA 19482
Donald J. Kilbride,Lead Manager since January 31, 2006
Donald J. Kilbride
Senior Managing Director, Partner, and Equity Portfolio Manager
Don is a portfolio manager in Global Equity Portfolio Management on the Quality Equity team. He manages equity assets on behalf of our clients, drawing on research from Wellington Managementâs global industry analysts, equity portfolio managers, and team analysts. Don currently manages Wellington's Dividend Growth and related approaches focusing on large-cap, quality companies with a value orientation.
Prior to joining Wellington Management in 2002, Don was a senior investment analyst and director of Non-Technology Research at Greenberg-Summit Partners; his coverage area included energy, basic materials, financial services, aerospace/defense, and transportation (2001 â 2002). He also worked for six years as the director of US Equity Research at The Boston Company (1996 â 2001).
Don received his MBA from the University of North Carolinaâs Kenan-Flagler Business School (1991) and his BA from the College of the Holy Cross (1986).
Morningstar Style Box
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While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.