Is Vanguard Russell 1000 Growth Index Institutional (VRGWX) a Strong Mutual Fund Pick Right Now?

There are plenty of choices in the Mutual Fund Equity Report category, but where should you start your research? Well, one fund that might be worth investigating is Vanguard Russell 1000 Growth Index Institutional (VRGWX). VRGWX has no Zacks Mutual Fund Rank, but we have been able to look into other metrics like performance, volatility, and cost.

History of Fund/Manager

Vanguard Group is based in Malvern, PA, and is the manager of VRGWX. Vanguard Russell 1000 Growth Index Institutional made its debut in September of 2010, and since then, VRGWX has accumulated about $3.29 billion in assets, per the most up-to-date date available. Walter Nejman is the fund's current manager and has held that role since December of 2015.

Performance

Investors naturally seek funds with strong performance. This fund carries a 5-year annualized total return of 13.73%, and it sits in the top third among its category peers. If you're interested in shorter time frames, do not dismiss looking at the fund's 3-year annualized total return of 13.54%, which places it in the top third during this time-frame.