TAXATION
Mutual Fund Distributions: How Capital Gain Distributions Are Taxed
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
Vanguard Energy Adm
- VGELX
- Price as of: Oct 23, 2020
-
$54.29
N/A N/A
- Primary Theme
- Energy Sector Equity
- Fund Company
- Vanguard
- Share Class
VGELX - Snapshot
Vitals
- YTD Return -38.7%
- 3 Yr Annualized Return -15.2%
- 5 Yr Annualized Return -4.8%
- Net Assets $3.97 B
- Holdings in Top 10 39.2%
52 WEEK LOW AND HIGH
$54.29
$41.11
$90.88
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.24%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 48.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $50,000
- IRA N/A
Fund Classification
-
Primary Theme
Energy Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Equity Energy
VGELX - Profile
Distributions
- YTD Total Return -38.7%
- 3 Yr Annualized Total Return -15.2%
- 5 Yr Annualized Total Return -4.8%
- Capital Gain Distribution Frequency None
- Net Income Ratio 3.28%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVanguard Energy Fund
-
Fund Family NameVanguard
-
Inception DateNov 12, 2001
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerG. Thomas Levering
Fund Description
Under normal circumstances, the fund invests at least 80% of its assets in the common stocks of companies principally engaged in activities in the energy industry, such as the exploration, production, and transmission of energy or energy fuels; the making and servicing of component products for such activities; energy research; and energy conservation or pollution control.
VGELX - Performance
Return Ranking - Trailing
| Period | VGELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -38.7% | -81.6% | 670.6% | 34.52% |
| 1 Yr | -35.4% | -78.9% | 89.9% | 17.86% |
| 3 Yr | -15.2%* | -59.7% | -6.7% | 17.28% |
| 5 Yr | -4.8%* | -42.7% | 3.8% | 6.58% |
| 10 Yr | -2.9%* | -25.9% | -2.5% | 3.33% |
* Annualized
Return Ranking - Calendar
| Period | VGELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 9.6% | -31.6% | 664.4% | 14.29% |
| 2018 | -19.5% | -59.6% | -12.6% | 6.41% |
| 2017 | 0.1% | -26.7% | 47.3% | 15.58% |
| 2016 | 30.7% | 5.3% | 486.8% | 39.44% |
| 2015 | -23.5% | -60.2% | -17.3% | 25.71% |
Total Return Ranking - Trailing
| Period | VGELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -38.7% | -81.6% | 550.2% | 29.76% |
| 1 Yr | -35.4% | -78.9% | 89.9% | 17.86% |
| 3 Yr | -15.2%* | -59.7% | -6.7% | 16.05% |
| 5 Yr | -4.8%* | -42.7% | 3.8% | 5.26% |
| 10 Yr | -2.9%* | -25.9% | -2.5% | 3.33% |
* Annualized
Total Return Ranking - Calendar
| Period | VGELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 9.6% | -31.6% | 664.4% | 14.29% |
| 2018 | -19.5% | -59.6% | -12.6% | 11.54% |
| 2017 | 0.1% | -26.7% | 47.3% | 20.78% |
| 2016 | 30.7% | 5.3% | 420.6% | 38.03% |
| 2015 | -23.5% | -60.2% | -16.6% | 25.71% |
NAV & Total Return History
VGELX - Holdings
Concentration Analysis
| VGELX | Category Low | Category High | VGELX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.97 B | 3.84 M | 8.39 B | 2.20% |
| Number of Holdings | 128 | 20 | 198 | 3.33% |
| Net Assets in Top 10 | 1.95 B | 2.72 M | 6.67 B | 2.22% |
| Weighting of Top 10 | 39.18% | 34.0% | 79.0% | 96.67% |
Top 10 Holdings
- Vanguard Market Liquidity Inv 7.28%
- Vanguard Market Liquidity Inv 7.28%
- Vanguard Market Liquidity Inv 7.28%
- Vanguard Market Liquidity Inv 7.28%
- Vanguard Market Liquidity Inv 7.28%
- Total SE ADR 4.75%
- Chevron Corp 4.24%
- Marathon Petroleum Corp 3.63%
- Enbridge Inc 3.61%
- BP PLC ADR 3.50%
Asset Allocation
| Weighting | Return Low | Return High | VGELX % Rank | |
|---|---|---|---|---|
| Stocks | 91.10% | 73.21% | 101.29% | 95.60% |
| Cash | 8.79% | -1.29% | 21.74% | 3.33% |
| Bonds | 0.11% | 0.00% | 10.42% | 6.59% |
| Preferred Stocks | 0.00% | 0.00% | 0.30% | 36.67% |
| Other | 0.00% | -1.75% | 0.12% | 37.78% |
| Convertible Bonds | 0.00% | 0.00% | 5.05% | 36.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VGELX % Rank | |
|---|---|---|---|---|
| Energy | 85.99% | 0.52% | 100.00% | 62.22% |
| Utilities | 13.90% | 0.00% | 91.44% | 16.67% |
| Industrials | 0.09% | 0.00% | 19.30% | 32.22% |
| Technology | 0.03% | 0.00% | 48.77% | 37.78% |
| Real Estate | 0.00% | 0.00% | 16.63% | 40.00% |
| Healthcare | 0.00% | 0.00% | 0.00% | 35.56% |
| Financial Services | 0.00% | 0.00% | 0.00% | 35.56% |
| Communication Services | 0.00% | 0.00% | 1.71% | 37.78% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 35.56% |
| Consumer Cyclical | 0.00% | 0.00% | 8.83% | 43.33% |
| Basic Materials | 0.00% | 0.00% | 23.42% | 55.56% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VGELX % Rank | |
|---|---|---|---|---|
| Non US | 54.07% | 0.00% | 76.44% | 15.56% |
| US | 37.03% | 23.75% | 99.89% | 88.89% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | VGELX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 98.76% | 1.84% | 100.00% | 88.10% |
| Government | 1.24% | 0.00% | 20.04% | 5.95% |
| Derivative | 0.00% | 0.00% | 0.01% | 34.52% |
| Securitized | 0.00% | 0.00% | 0.00% | 34.52% |
| Corporate | 0.00% | 0.00% | 98.16% | 42.86% |
| Municipal | 0.00% | 0.00% | 0.00% | 34.52% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | VGELX % Rank | |
|---|---|---|---|---|
| US | 0.11% | 0.00% | 10.42% | 6.67% |
| Non US | 0.00% | 0.00% | 6.66% | 40.00% |
VGELX - Expenses
Operational Fees
| VGELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.24% | 0.08% | 3.64% | 95.24% |
| Management Fee | 0.24% | 0.00% | 1.25% | 6.59% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.05% | 0.25% | N/A |
Sales Fees
| VGELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| VGELX 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.
| VGELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 48.00% | 6.00% | 428.00% | 51.25% |
VGELX - Distributions
Dividend Yield Analysis
| VGELX | Category Low | Category High | VGELX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 13.09% | 56.04% |
Dividend Distribution Analysis
| VGELX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Monthly | Annually |
Net Income Ratio Analysis
| VGELX | Category Low | Category High | VGELX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.28% | -1.58% | 6.38% | 15.48% |
Capital Gain Distribution Analysis
| VGELX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 01, 2019 | $0.003 |
| Dec 19, 2018 | $2.324 |
| Apr 02, 2018 | $0.167 |
| Dec 21, 2017 | $3.021 |
| Mar 29, 2017 | $0.054 |
| Dec 27, 2016 | $1.922 |
| Dec 28, 2015 | $2.080 |
| Dec 23, 2014 | $2.350 |
| Dec 18, 2013 | $2.210 |
| Mar 20, 2013 | $0.289 |
| Dec 31, 2012 | $2.487 |
| Mar 22, 2012 | $0.101 |
| Mar 23, 2011 | $0.043 |
| Dec 31, 2009 | $1.780 |
| Mar 23, 2009 | $0.068 |
| Mar 28, 2008 | $0.058 |
| Dec 19, 2005 | $1.418 |
VGELX - Fund Manager Analysis
Managers
G. Thomas Levering
Start Date
Tenure
Tenure Rank
Jan 16, 2020
0.71
0.7%
G. Thomas Levering Senior Managing Director, Partner, and Global Industry Analyst As an analyst in Wellington Management’s Global Industry Research Group, Tom concentrates on global utilities and related energy infrastructure. He conducts fundamental analysis on the companies within this industry group and makes buy/sell recommendations to portfolio managers based on his findings and market conditions. He has studied the investment potential of companies in global utilities and energy infrastructure for over 20 years. Tom also manages portfolios for institutional clients, including Enduring Assets, an investment approach focused on companies that possess a competitive advantage through long-lived physical assets. Prior to joining the firm in 2000, Tom was an associate with McKinsey & Co. (1998 – 2000). He also worked with The Northbridge Group as an associate and research analyst (1993 – 1996). In both instances, Tom served exclusively as a specialist consultant to power and gas sector clients. Tom received his MBA from the University of Pennsylvania (Wharton, 1997) and his AB in economics, cum laude, from Harvard University (1993).
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 22.52 | 5.61 | 0.26 |
