Vanguard Lifetime Income Program - Equity Income Portfolio
Management

Wellington Management Company LLP

Firm Description

Founded in 1928, Wellington Management Company LLP, Boston, Massachusetts, is among the nation’s oldest and most respected institutional investment managers. The firm has advised Vanguard Lifetime Income Program Equity Income Portfolio since 2003.

Investment Manager Biography

W. Michael Reckmeyer, III, CFA, Senior Managing Director

  • Portfolio manager.
  • Advised the portfolio since 2007.
  • Worked in investment management since 1984.
  • B.S., University of Wisconsin.
  • M.B.A., University of Wisconsin.

Vanguard Equity Index Group

Firm Description

Launched in 1975, The Vanguard Group, Malvern, Pennsylvania, is among the world’s largest equity and fixed income managers. As chief investment officer and managing director, Mortimer J. Buckley oversees Vanguard’s Equity Index, Quantitative Equity, and Fixed Income Groups. Joseph Brennan, CFA, Principal and global head of Vanguard's Equity Index Group, is responsible for all equity index funds. The Equity Index Group manages indexed equity portfolios covering U.S. and international markets. It has developed sophisticated portfolio construction methodologies and efficient trading strategies that seek to deliver returns that are highly correlated with target portfolio benchmarks. The group has advised Vanguard Lifetime Income Program Equity Income Portfolio since 2003.

Investment Manager Biographies

James P. Stetler, Principal

  • Portfolio manager.
  • Advised the portfolio since 2003.
  • Worked in investment management since 1996.
  • B.S., Susquehanna University.
  • M.B.A., Saint Joseph’s University.

Michael R. Roach, CFA

  • Portfolio manager.
  • Advised the portfolio since 2012.
  • Worked in investment management since 2001.
  • B.S., Bloomsburg University.
  • M.S., Drexel University.

Binbin Guo, Principal, Head of Equity Research and Portfolio Strategies

  • Portfolio manager.
  • Advised the portfolio since 2016.
  • Worked in investment management since 1998.
  • B.S. and M.S., Tsinghua University.
  • Ph.D. and M.Phil., Yale University.

Glossary