Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares

 (MUTF:VTCIX)   Watch this mutual fund  
Find more results for MUTF:VTCIX

Performance

Trailing returns

1 day   +0.46%
   
1 week
   
-0.16%  
4 week   +1.17%
   
3 month   +5.68%
   
YTD   +7.87%
   
1 year   +22.89%
   
3 years*   +16.22%
   
5 years*   +20.38%
   
*annualized
Best 3 month return+26.49%  
Worst 3 month return-31.50%  

Morningstar statistics

Morningstar category: Large Blend
  Return Risk Rating
3 years Above Average Average
5 years Above Average Average
10 years Above Average Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets5.97B 
Front load-  
Deferred load-  
Expense ratio0.08%  
Management fee-  
Fund familyVanguard 

Asset allocation

Cash0.00%  
Stocks99.94%  
Bonds0.00%  
Other0.06%  

Purchase information

Initial$5,000,000  
Additional$100  
AIP Initial$0  
AIP Additional$100  
50.00-0.22(-0.44%)
Jul 10, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks that pay lower dividends and are included in the Russell 1000 Index-an index that is made up of the stocks of large- and mid-capitalization U.S. companies. It uses statistical methods to "sample" the index, aiming to minimize taxable dividends while approximating the other characteristics of the index. The expected result is a portfolio that will loosely track the total return performance of the index, but with lower taxable income distributions.
Fund filings (PDF) »
Asset manager:
Michael Buek (Started: Sep 6, 1994)
Advisor Company:
Vanguard Group, Inc.
Fund family reports on Morningstar »
Vanguard, 100 Vanguard Boulevard, Malvern, PA 19355, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.88 -0.54 -0.15 0.39
Beta* 1.01 1.04 1.03 1.03
Mean annual return 1.98 1.36 1.56 0.77
R-squared* 99.09 99.52 99.58 99.36
Standard deviation 9.61 12.84 13.85 15.20
Sharpe ratio 2.46 1.27 1.34 0.50
* Against standard index

Top 10 holdings

Security Net Assets  
Apple Inc (AAPL) 2.85%  
Exxon Mobil Corporation (XOM) 2.22%  
Microsoft Corp (MSFT) 1.57%  
Johnson & Johnson (JNJ) 1.42%  
Wells Fargo & Co (WFC) 1.26%  
General Electric Co (GE) 1.25%  
Berkshire Hathaway Inc Class B (BRK.B) 1.20%  
Chevron Corp (CVX) 1.20%  
Procter & Gamble Co (PG) 1.11%  
JPMorgan Chase & Co (JPM) 1.06%