VHCOX: Vanguard Capital Opportunity Inv

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

VHCOX Vanguard Capital Opportunity Inv


Profile

VHCOX - Profile

Vitals

  • YTD Return -9.2%
  • 3 Yr Annualized Return 0.4%
  • 5 Yr Annualized Return 2.1%
  • Net Assets $14.9 B
  • Holdings in Top 10 31.1%

52 WEEK LOW AND HIGH

$62.03
$47.36
$72.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.44%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Dec 09, 2013
  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -9.2%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.84%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Vanguard Capital Opportunity Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Aug 14, 1995
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Theo Kolokotrones

Fund Description

The fund invests mainly in U.S. stocks, with an emphasis on companies that are considered to have prospects for rapid earnings growth. It does not focus on companies of any particular size, however; the advisor may emphasize mid-cap stocks. The fund's investment advisor uses fundamental research to identify stocks that are expected to outperform the market over a three- to five-year time horizon and that are available at attractive prices relative to their fundamental values.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

Performance

VHCOX - Performance

Return Ranking - Trailing

Period VHCOX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.2% -79.9% 34.6% 95.31%
1 Yr -0.5% -80.4% 43.8% 84.73%
3 Yr 0.4%* -48.2% 28.9% 72.47%
5 Yr 2.1%* -36.9% 16.1% 56.31%
10 Yr 7.8%* -17.5% 16.4% 40.55%

* Annualized

Return Ranking - Calendar

Period VHCOX Return Category Return Low Category Return High Rank in Category (%)
2019 19.5% -67.9% 49.9% 73.17%
2018 -14.0% -65.5% 10.6% 59.84%
2017 23.5% -46.3% 52.2% 24.47%
2016 4.7% -43.3% 15.3% 21.58%
2015 -2.5% -82.5% 11.4% 43.40%

Total Return Ranking - Trailing

Period VHCOX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.2% -79.9% 34.6% 95.31%
1 Yr -0.5% -80.4% 43.8% 84.65%
3 Yr 0.4%* -48.2% 28.9% 84.97%
5 Yr 2.1%* -36.9% 20.6% 80.39%
10 Yr 7.8%* -17.5% 19.2% 75.31%

* Annualized

Total Return Ranking - Calendar

Period VHCOX Return Category Return Low Category Return High Rank in Category (%)
2019 19.5% -67.9% 49.9% 73.25%
2018 -14.0% -65.5% 16.5% 74.20%
2017 23.5% -28.2% 52.2% 62.19%
2016 4.7% -43.3% 17.1% 33.88%
2015 -2.5% -38.0% 17.3% 72.79%

NAV & Total Return History


Holdings

VHCOX - Holdings

Concentration Analysis

VHCOX Category Low Category High VHCOX % Rank
Net Assets 14.9 B 858 K 188 B 7.93%
Number of Holdings 152 1 2163 15.03%
Net Assets in Top 10 4.23 B 399 K 54.7 B 13.29%
Weighting of Top 10 31.11% 11.6% 100.0% 88.67%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High VHCOX % Rank
Stocks
96.87% 80.85% 100.33% 74.09%
Cash
3.12% -1.02% 19.15% 24.24%
Preferred Stocks
0.00% 0.00% 2.51% 74.92%
Other
0.00% -9.83% 4.87% 75.76%
Convertible Bonds
0.00% 0.00% 0.20% 72.58%
Bonds
0.00% -0.42% 4.53% 74.17%

Stock Sector Breakdown

Weighting Return Low Return High VHCOX % Rank
Healthcare
36.43% 0.00% 47.20% 0.45%
Technology
28.93% 11.44% 54.73% 54.68%
Industrials
11.99% 0.00% 24.88% 8.16%
Consumer Cyclical
8.86% 0.00% 29.26% 91.54%
Financial Services
7.51% 0.00% 33.35% 84.74%
Communication Services
4.85% 0.00% 29.93% 92.90%
Energy
1.36% 0.00% 8.67% 16.84%
Consumer Defense
0.05% 0.00% 18.88% 89.20%
Real Estate
0.01% 0.00% 11.78% 78.32%
Utilities
0.00% 0.00% 10.21% 81.87%
Basic Materials
0.00% 0.00% 10.55% 92.90%

Stock Geographic Breakdown

Weighting Return Low Return High VHCOX % Rank
US
82.15% 78.13% 100.21% 96.30%
Non US
14.72% 0.00% 19.16% 3.10%

Expenses

VHCOX - Expenses

Operational Fees

VHCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.44% 0.01% 24.73% 95.35%
Management Fee 0.42% 0.00% 1.40% 12.26%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

VHCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VHCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

VHCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 464.00% 3.30%

Distributions

VHCOX - Distributions

Dividend Yield Analysis

VHCOX Category Low Category High VHCOX % Rank
Dividend Yield 0.00% 0.00% 22.70% 73.07%

Dividend Distribution Analysis

VHCOX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

VHCOX Category Low Category High VHCOX % Rank
Net Income Ratio 0.84% -2.06% 2.43% 9.78%

Capital Gain Distribution Analysis

VHCOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VHCOX - Fund Manager Analysis

Managers

Theo Kolokotrones


Start Date

Tenure

Tenure Rank

Feb 01, 1998

22.26

22.3%

Theo A. Kolokotrones, Chairman of PRIMECAP. He has worked in investment management since 1970, has managed assets since 1979, has been with PRIMECAP since 1983. He co-founded PRIMECAP Management Company in September 1983. He is the lead manager of Vanguard Capital Opportunity and Odyssey Aggressive Growth fund. Previously, Kolokotrones spent six years at Capital Research Company, most recently as Senior Vice President. He has held portfolio management responsibilities since 1979. From 1970 to 1977, Kolokotrones was Vice President and Senior Financial Analyst at Smith Barney, Harris Upham and Company in New York. Education: B.A., University of Chicago; M.B.A., Harvard Business School.

Joel Fried


Start Date

Tenure

Tenure Rank

Feb 01, 1998

22.26

22.3%

Joel P. Fried, President of PRIMECAP Management Company. He has worked in investment management since 1985, has been with PRIMECAP since 1986, has managed assets since 1987. Prior to joining PRIMECAP, he spent one year as a financial analyst with Hughes Investment Management Company, a wholly-owned subsidiary of Hughes Aircraft. Mr. Fried received his undergraduate degree in Economic Systems/Science from the University of California, Los Angeles and is a graduate of UCLA Anderson School of Management.

Alfred Mordecai


Start Date

Tenure

Tenure Rank

Dec 31, 1999

20.35

20.4%

Alfred W. Mordecai, Vice Chairman of PRIMECAP Management Company. Mr. Mordecai joined PRIMECAP Management Company in August 1997. In 1996, he was an associate at McKinsey and Company. From 1990 to 1995, he worked as a nuclear engineer and program manager for the Naval Nuclear Propulsion Directorate, a joint U.S. Navy and Department of Energy organization. Mr. Mordecai graduated with a degree in Mechanical Engineering from Duke University. He has a master’s degree in Systems Engineering from Virginia Polytechnic Institute and State University and is a graduate of the Harvard Graduate School of Business Administration.

M. Ansari


Start Date

Tenure

Tenure Rank

Dec 31, 2007

12.34

12.3%

M. Mohsin Ansari, Executive Vice President of PRIMECAP. He has worked in investment management and has been with PRIMECAP since 2000, has managed assets since 2007. Mr. Ansari joined PRIMECAP Management Company in July 2000. From 1994 to 1998, he worked at Weyerhaeuser Company on various assignments ranging from managing capital projects to coordinating production at mills. In 1999, he was an Associate at Andersen Consulting. Mr. Ansari graduated from Colgate University with a bachelor’s degree in Physics and from Washington University with a bachelor’s degree in Chemical Engineering. He also has an M.B.A. from the Harvard Graduate School of Business Administration.

James Marchetti


Start Date

Tenure

Tenure Rank

Jan 27, 2015

5.26

5.3%

James Marchetti, Executive Vice President of PRIMECAP. He has worked in investment management and has been with PRIMECAP since 2005, has managed assets since 2014. In 2004, he worked as a product analyst in Fidelity's Strategic Investments group. From 1996 to 2003, he ran the software division of IntelliSense, a start-up acquired by Corning Inc. in 2001. Mr. Marchetti holds an MBA degree from MIT-Sloan and a bachelor's degree in Chemical Engineering, also from MIT, where he completed a thesis focused on recombinant protein recovery and purification techniques.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 52.36 8.18 1.0