Vanguard Explorer Adm
- VEXRX
- Price as of: Mar 02, 2021
-
$131.70
N/A N/A
- Primary Theme
- U.S. Small-Cap Growth Equity
- Fund Company
- Vanguard
- Share Class
VEXRX - Snapshot
Vitals
- YTD Return 8.1%
- 3 Yr Annualized Return 20.6%
- 5 Yr Annualized Return 22.2%
- Net Assets $21.7 B
- Holdings in Top 10 8.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.30%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 43.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $50,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Small-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Small Growth
VEXRX - Profile
Distributions
- YTD Total Return 8.1%
- 3 Yr Annualized Total Return 20.6%
- 5 Yr Annualized Total Return 22.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.39%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameVanguard Explorer Fund
-
Fund Family NameVanguard
-
Inception DateNov 12, 2001
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Stetler
Fund Description
The fund invests mainly in the stocks of small and mid-size companies. These companies tend to be unseasoned but are considered by the fund's advisors to have superior growth potential. Also, these companies often provide little or no dividend income. It uses multiple investment advisors.
VEXRX - Performance
Return Ranking - Trailing
Period | VEXRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.1% | -1.5% | 38.0% | 50.87% |
1 Yr | 54.3% | 7.5% | 233.4% | 59.78% |
3 Yr | 20.6%* | -2.5% | 65.7% | 49.59% |
5 Yr | 22.2%* | 1.8% | 46.2% | 49.57% |
10 Yr | 14.3%* | -3.4% | 23.0% | 45.95% |
* Annualized
Return Ranking - Calendar
Period | VEXRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 23.2% | -63.0% | 340.3% | 68.59% |
2019 | 25.0% | -22.8% | 42.9% | 33.78% |
2018 | -12.0% | -76.3% | 13.6% | 25.26% |
2017 | 10.0% | -52.6% | 37.0% | 71.04% |
2016 | 7.5% | -49.0% | 25.6% | 45.81% |
Total Return Ranking - Trailing
Period | VEXRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.1% | -1.5% | 38.0% | 51.19% |
1 Yr | 54.3% | 2.2% | 233.4% | 55.73% |
3 Yr | 20.6%* | -3.7% | 65.7% | 48.68% |
5 Yr | 22.2%* | 1.3% | 46.2% | 48.97% |
10 Yr | 14.3%* | -3.7% | 23.0% | 45.47% |
* Annualized
Total Return Ranking - Calendar
Period | VEXRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 23.2% | -63.0% | 340.3% | 68.59% |
2019 | 25.0% | -22.8% | 42.9% | 33.78% |
2018 | -12.0% | -54.2% | 14.5% | 46.32% |
2017 | 10.0% | -8.4% | 42.0% | 89.58% |
2016 | 7.5% | -16.4% | 31.4% | 64.01% |
NAV & Total Return History
VEXRX - Holdings
Concentration Analysis
VEXRX | Category Low | Category High | VEXRX % Rank | |
---|---|---|---|---|
Net Assets | 21.7 B | 1.67 M | 36 B | 0.79% |
Number of Holdings | 706 | 1 | 1240 | 2.69% |
Net Assets in Top 10 | 1.65 B | 724 K | 4.01 B | 5.54% |
Weighting of Top 10 | 8.00% | 5.3% | 100.0% | 98.26% |
Top 10 Holdings
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
- Vanguard Market Liquidity Inv 3.61%
Asset Allocation
Weighting | Return Low | Return High | VEXRX % Rank | |
---|---|---|---|---|
Stocks | 99.28% | 49.24% | 100.38% | 20.25% |
Cash | 0.72% | -3.75% | 23.24% | 75.95% |
Preferred Stocks | 0.00% | 0.00% | 2.45% | 33.07% |
Other | 0.00% | -6.60% | 49.68% | 41.30% |
Convertible Bonds | 0.00% | 0.00% | 0.10% | 28.16% |
Bonds | 0.00% | -0.03% | 2.04% | 28.96% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VEXRX % Rank | |
---|---|---|---|---|
Technology | 25.93% | 0.00% | 77.76% | 44.30% |
Healthcare | 23.91% | 0.00% | 58.75% | 72.94% |
Industrials | 17.97% | 0.00% | 34.13% | 29.43% |
Consumer Cyclical | 11.39% | 0.00% | 31.01% | 61.23% |
Financial Services | 7.29% | 0.00% | 100.00% | 32.28% |
Consumer Defense | 4.35% | 0.00% | 14.47% | 38.29% |
Real Estate | 3.49% | 0.00% | 24.53% | 25.47% |
Communication Services | 3.25% | 0.00% | 19.61% | 23.58% |
Basic Materials | 1.39% | 0.00% | 24.17% | 55.06% |
Utilities | 0.53% | 0.00% | 3.88% | 21.52% |
Energy | 0.51% | 0.00% | 3.96% | 32.59% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VEXRX % Rank | |
---|---|---|---|---|
US | 94.86% | 32.21% | 99.98% | 51.42% |
Non US | 4.42% | 0.00% | 27.85% | 28.32% |
VEXRX - Expenses
Operational Fees
VEXRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.30% | 0.01% | 10.10% | 96.76% |
Management Fee | 0.33% | 0.05% | 1.50% | 4.60% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
VEXRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
VEXRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
VEXRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 43.00% | 4.00% | 442.00% | 35.10% |
VEXRX - Distributions
Dividend Yield Analysis
VEXRX | Category Low | Category High | VEXRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.53% | 30.22% |
Dividend Distribution Analysis
VEXRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
VEXRX | Category Low | Category High | VEXRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.39% | -3.17% | 1.48% | 6.58% |
Capital Gain Distribution Analysis
VEXRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 19, 2018 | $0.393 |
Dec 19, 2017 | $0.438 |
Dec 27, 2016 | $0.403 |
Dec 18, 2014 | $0.324 |
Dec 18, 2013 | $0.216 |
Dec 27, 2012 | $0.392 |
Dec 28, 2011 | $0.217 |
Dec 17, 2010 | $0.189 |
Dec 29, 2009 | $0.175 |
Dec 31, 2008 | $0.370 |
Dec 23, 2002 | $0.043 |
Dec 24, 2001 | $0.107 |
VEXRX - Fund Manager Analysis
Managers
James Stetler
Start Date
Tenure
Tenure Rank
Feb 17, 2012
8.96
9.0%
James P. Stetler, Principal of Vanguard. He has been with Vanguard since 1982, has worked in investment management since 1996, has managed investment portfolios since 2003, and has co-managed the Fund since 2012. Education: B.S., Susquehanna University; M.B.A., Saint Joseph’s University.
Ryan Crane
Start Date
Tenure
Tenure Rank
Aug 12, 2013
7.48
7.5%
Ryan Crane is the Chief Investment Officer of Stephens Investment Management Group ("SIMG"). He also serves as the Lead Portfolio Manager for SIMG's Small Cap Growth, Mid Cap Growth, Small-Mid Cap Core Growth and Small-Mid Cap Select Growth Strategies as well as two sub-advised mutual funds, the American Beacon Stephens Small Cap Growth Fund and the American Beacon Stephens Mid-Cap Growth Fund. Prior to joining SIMG in 2004, Ryan had been at AIM Capital Management since 1994, where he was a Senior Portfolio Manager for the AIM Small Cap Growth Fund and the team leader for the small/mid-cap gro
Daniel Fitzpatrick
Start Date
Tenure
Tenure Rank
Feb 24, 2014
6.94
6.9%
Daniel J. Fitzpatrick, CFA, Senior Managing Director and Equity Portfolio Manager at Wellington Management Company LLP. He has worked in investment management since 1997, has been with Wellington Management since 1998. Education: B.S., Boston College.
Chad Meade
Start Date
Tenure
Tenure Rank
Jun 16, 2014
6.63
6.6%
Mr. Meade, Portfolio Manager, joined Arrowpoint Asset Management, LLC in May 2013. Mr. Prior to joining Arrowpoint, Mr. Meade served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President AT Janus Capital (2001-2013). Prior to joining Janus Capital, he was a financial analyst for Goldman Sachs’ global investment research team. Chad graduated summa cum laude from Virginia Tech with a bachelor’s degree in Finance and was a member of the Omicron Delta Kappa Honor Society.
Brian Schaub
Start Date
Tenure
Tenure Rank
Jun 16, 2014
6.63
6.6%
Mr. Schaub, Portfolio Manager, joined Arrowpoint in May 2013. Prior to joining Arrowpoint, Mr. Schaub served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President at Janus Capital (2000-2013). Brian graduated cum laude from Williams College with a bachelor’s degree in Economics and won the Arthur B. Graves, Class of 1858, Essay Prize in Economics for his work on Dell Computer. He holds the Chartered Financial Analyst designation.
Binbin Guo
Start Date
Tenure
Tenure Rank
Feb 25, 2016
4.94
4.9%
Binbin Guo, Ph.D., Principal of Vanguard and head of the Alpha Equity Investment team within Vanguard’s Quantitative Equity Group. He oversees the active quantitative equity funds and separately managed equity accounts. He has been with Vanguard since 2007 and has co-managed a portion of the Fund since 2016. Education: B.S. and M.S., Tsinghua University, China; Ph.D. and M.Phil., Yale University.
Brian Angerame
Start Date
Tenure
Tenure Rank
Mar 20, 2017
3.87
3.9%
Brian co-manages the Mid Cap, Mid Cap Growth and SMID Cap Growth products. He joined a predecessor organization in 2000 as an equity research analyst responsible for the consumer discretionary and consumer staples sectors, and has 26 years of investment industry experience. Previously, Brian was an analyst and assistant portfolio manager of the Prudential Real Estate Securities Fund at Prudential Investment Management. He earned his BA in Government from Dartmouth College and is a member of the New York Society of Security Analysts.
Aram Green
Start Date
Tenure
Tenure Rank
Mar 20, 2017
3.87
3.9%
Aram co-manages the Small Cap Growth, Mid Cap Growth and SMID Cap Growth products, and manages the Select strategy. He has 19 years of investment industry experience and began his career in asset management as an equity analyst at Hygrove Partners, LLC. Aram joined ClearBridge Investments as a research analyst in the Information Technology sector in 2006 before being named a portfolio manager. He is a member of the ClearBridge Management Committee. Prior to joining Hygrove, Aram was co-founder and executive vice president of iCollege, an infrastructure software company catering to the educational market place. In 2001, iCollege was acquired by BlackBoard Inc. Aram earned a BA in Economics from Union College. Aram serves as a board member for several non-profit organizations.
Jeffrey Russell
Start Date
Tenure
Tenure Rank
Mar 20, 2017
3.87
3.9%
Jeff co-manages the Small Cap Growth, Mid Cap Growth and SMID Cap Growth products. He has 39 years of investment industry experience and joined the organization in 1990. Jeff began his career at Drexel Burnham Lambert as a media analyst and later became a global portfolio manager. He is a member of the ClearBridge Investments Management Committee. Jeff has extensive experience analyzing and investing in both international and domestic companies of all market capitalizations. Jeff earned a BS in Civil Engineering from the Massachusetts Institute of Technology and an MBA from the Wharton School at the University of Pennsylvania. He is a member of the CFA Institute and of the New York Society of Security Analysts. He serves as a board member for several non-profit organizations and enjoys playing squash
Matthew Lilling
Start Date
Tenure
Tenure Rank
Jul 01, 2020
0.59
0.6%
Mr. Lilling is a Director and a Portfolio Manager at ClearBridge. He joined ClearBridge in 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 29.18 | 8.39 | 4.0 |