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Mutual Fund Distributions: How Capital Gain Distributions Are Taxed
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VCDAX - Snapshot
Vitals
- YTD Return 28.5%
- 3 Yr Annualized Return 19.8%
- 5 Yr Annualized Return 16.6%
- Net Assets $4.2 B
- Holdings in Top 10 55.0%
52 WEEK LOW AND HIGH
$128.02
$65.73
$129.92
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.10%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 9.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
N/A
- Fund Type Open End Mutual Fund
- Investment Style Consumer Cyclical
VCDAX - Profile
Distributions
- YTD Total Return 28.5%
- 3 Yr Annualized Total Return 19.8%
- 5 Yr Annualized Total Return 16.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.20%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVanguard Consumer Discretionary Fund
-
Fund Family NameVanguard
-
Inception DateJul 14, 2005
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Johnson
Fund Description
The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Consumer Discretionary 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the consumer discretionary sector, as classified under the Global Industry Classification Standard. The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
VCDAX - Performance
Return Ranking - Trailing
| Period | VCDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.5% | -5.8% | 25.1% | 28.57% |
| 1 Yr | 33.7% | -8.3% | 33.1% | 28.57% |
| 3 Yr | 19.8%* | -3.0% | 20.4% | 30.00% |
| 5 Yr | 16.6%* | -3.1% | 16.1% | 10.00% |
| 10 Yr | 17.6%* | 1.4% | 15.9% | 10.53% |
* Annualized
Return Ranking - Calendar
| Period | VCDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 26.0% | 20.6% | 30.1% | 28.57% |
| 2018 | -3.4% | -26.5% | 2.4% | 35.00% |
| 2017 | 21.2% | 4.4% | 22.2% | 30.00% |
| 2016 | 4.9% | -12.1% | 9.3% | 30.00% |
| 2015 | 4.9% | -13.5% | 16.8% | 10.00% |
Total Return Ranking - Trailing
| Period | VCDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.5% | -5.8% | 25.1% | 28.57% |
| 1 Yr | 33.7% | -8.3% | 33.1% | 28.57% |
| 3 Yr | 19.8%* | -0.5% | 22.2% | 30.00% |
| 5 Yr | 16.6%* | 0.6% | 17.2% | 10.00% |
| 10 Yr | 17.6%* | 9.0% | 19.1% | 10.53% |
* Annualized
Total Return Ranking - Calendar
| Period | VCDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 26.0% | 20.6% | 30.1% | 28.57% |
| 2018 | -3.4% | -22.8% | 3.3% | 40.00% |
| 2017 | 21.2% | 8.3% | 29.1% | 45.00% |
| 2016 | 4.9% | -5.8% | 9.3% | 45.00% |
| 2015 | 4.9% | -2.2% | 18.4% | 20.00% |
NAV & Total Return History
VCDAX - Holdings
Concentration Analysis
| VCDAX | Category Low | Category High | VCDAX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.2 B | 14.6 M | 4.49 B | 4.76% |
| Number of Holdings | 291 | 24 | 293 | 4.76% |
| Net Assets in Top 10 | 2.28 B | 3.83 M | 2.18 B | 9.52% |
| Weighting of Top 10 | 55.00% | 33.9% | 72.6% | 61.90% |
Top 10 Holdings
- Amazon.com Inc 21.83%
- The Home Depot Inc 7.56%
- Tesla Inc 6.23%
- McDonald's Corp 4.13%
- Nike Inc B 3.90%
- Lowe's Companies Inc 3.26%
- Starbucks Corp 2.58%
- Target Corp 2.00%
- Booking Holdings Inc 1.83%
- TJX Companies Inc 1.68%
Asset Allocation
| Weighting | Return Low | Return High | VCDAX % Rank | |
|---|---|---|---|---|
| Stocks | 100.00% | 97.90% | 100.50% | 100.00% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 76.19% |
| Other | 0.00% | -3.37% | 0.00% | 42.86% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 76.19% |
| Cash | 0.00% | -0.50% | 3.94% | 42.86% |
| Bonds | 0.00% | 0.00% | 0.00% | 76.19% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VCDAX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 92.89% | 44.54% | 93.19% | 9.52% |
| Consumer Defense | 5.36% | 0.00% | 17.92% | 85.71% |
| Technology | 0.74% | 0.00% | 2.19% | 38.10% |
| Industrials | 0.62% | 0.00% | 24.85% | 42.86% |
| Communication Services | 0.34% | 0.00% | 42.72% | 90.48% |
| Healthcare | 0.05% | 0.00% | 1.95% | 23.81% |
| Utilities | 0.00% | 0.00% | 0.00% | 76.19% |
| Real Estate | 0.00% | 0.00% | 20.47% | 76.19% |
| Financial Services | 0.00% | 0.00% | 4.32% | 85.71% |
| Energy | 0.00% | 0.00% | 0.28% | 9.52% |
| Basic Materials | 0.00% | 0.00% | 5.72% | 76.19% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VCDAX % Rank | |
|---|---|---|---|---|
| US | 97.97% | 74.52% | 100.50% | 52.38% |
| Non US | 2.03% | 0.00% | 24.48% | 85.71% |
VCDAX - Expenses
Operational Fees
| VCDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.10% | 0.10% | 2.98% | 100.00% |
| Management Fee | 0.09% | 0.09% | 1.00% | 4.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.05% | 0.25% | N/A |
Sales Fees
| VCDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| VCDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| VCDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 9.00% | 369.00% | 4.76% |
VCDAX - Distributions
Dividend Yield Analysis
| VCDAX | Category Low | Category High | VCDAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.00% | 76.19% |
Dividend Distribution Analysis
| VCDAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| VCDAX | Category Low | Category High | VCDAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.20% | -1.16% | 1.33% | 9.52% |
Capital Gain Distribution Analysis
| VCDAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 13, 2018 | $0.290 |
| Sep 24, 2018 | $0.286 |
| Jun 28, 2018 | $0.286 |
| Mar 16, 2018 | $0.204 |
| Dec 14, 2017 | $0.261 |
| Sep 27, 2017 | $0.277 |
| Jun 28, 2017 | $0.222 |
| Mar 24, 2017 | $0.213 |
| Dec 14, 2016 | $0.369 |
| Sep 20, 2016 | $0.247 |
| Jun 21, 2016 | $0.209 |
| Mar 21, 2016 | $0.239 |
| Dec 23, 2015 | $0.244 |
| Sep 23, 2015 | $0.598 |
| Dec 18, 2014 | $0.740 |
| Dec 20, 2013 | $0.479 |
| Dec 20, 2012 | $0.600 |
| Dec 21, 2011 | $0.439 |
| Dec 22, 2010 | $0.317 |
| Dec 22, 2009 | $0.228 |
| Dec 22, 2008 | $0.395 |
| Dec 14, 2007 | $0.200 |
| Dec 18, 2006 | $0.242 |
| Dec 22, 2005 | $0.157 |
VCDAX - Fund Manager Analysis
Managers
Michael Johnson
Start Date
Tenure
Tenure Rank
Dec 15, 2010
9.8
9.8%
Michael A. Johnson, Portfolio Manager at Vanguard. He has been with Vanguard since 1999; has worked in investment management since 2007; has managed investment portfolios since 2010; and has co-managed the Mid-Cap Index, Mid-Cap Value Index, and Mid-Cap Growth Index Funds since 2016. Education: B.S.B.A., Shippensburg University.
Awais Khan
Start Date
Tenure
Tenure Rank
Nov 30, 2017
2.84
2.8%
Awais Khan, CFA, Portfolio Manager at Vanguard. He has been with Vanguard since 2010; has worked in investment management since 2012. Education: B.S./B.S.B.A., University of North Carolina.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 22.43 | 11.13 | 12.47 |
