What AI says about Vanguard Wellington Fund

VWELX is Vanguard's Wellington Fund Investor Shares, an actively managed balanced mutual fund that mixes about two-thirds stocks with one-third bonds to offer growth with broad diversification across sectors. Founded in 1929, it is Vanguard's oldest mutual fund and a core long-term holding for investors who can tolerate stock market volatility. The fund has a 0.25% expense ratio (Admiral Shares are available at a lower cost) and a $3,000 minimum investment, with Wellington Management Company LLP as the fund manager.