Vanguard Morgan Growth Portfolio
Average Annual Returns—Updated Monthly as of 04/30/2016
 Vanguard Morgan Growth Inception Date: 12/01/2006
 Russell 3000 Growth Index (Benchmark)

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. Expense ratio information can be found on the Overview page.

Recent Investment Returns
as of 05/26/2016
as of 04/30/2016
Three-Month Total
as of 04/30/2016
Vanguard Morgan Growth–1.19%–3.03% –1.16%3.88%
Russell 3000 Growth Index*–0.44% –0.78%5.88%

See cumulative, yearly, and quarterly historical returns

*Measures the performance of those Russell 3000 companies with higher price/book ratios and higher predicted and historical growth rates.