Morningstar: Vanguard closes diversified U.S. stock fund for the first time

The fate of Vanguard U.S. Value (VUVLX) is particularly symbolic, as the fund is to be merged into Vanguard Value Index (VIVAX). Out with active, in with passive. This is not the first occasion in which Vanguard has folded an actively managed fund into an index fund, but it represents the first time it has done so for a diversified U.S. stock fund, save for a tax-managed vehicle.

~ John Reckenthaler, "Whither Vanguard’s Active U.S. Equity Funds?," Morningstar, July 30, 2020