Vanguard Global Equity Inv
VHGEX - Snapshot
Vitals
- YTD Return 8.5%
- 3 Yr Annualized Return 16.0%
- 5 Yr Annualized Return 16.3%
- Net Assets $8.74 B
- Holdings in Top 10 16.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.45%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 22.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $3,000
- IRA N/A
Fund Classification
- Primary Theme N/A
- Fund Type Open End Mutual Fund
- Investment Style World Large-Stock Blend
VHGEX - Profile
Distributions
- YTD Total Return 8.5%
- 3 Yr Annualized Total Return 16.0%
- 5 Yr Annualized Total Return 16.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.02%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameVanguard Global Equity Fund
-
Fund Family NameVanguard
-
Inception DateAug 14, 1995
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNeil Ostrer
Fund Description
The fund invests primarily in U.S. and foreign equity securities chosen mainly on the basis of bottom-up stock analysis. It typically invests across a wide range of industries, and its holdings are expected to represent a mix of value and growth stocks, as well as a mix of developed and emerging markets stocks, across the capitalization spectrum. Under normal circumstances, at least 80% of the fund's assets will be invested in equity securities. The fund uses multiple investment advisors. Each advisor independently selects and maintains a portfolio of common stocks and other investments for the fund.
VHGEX - Performance
Return Ranking - Trailing
| Period | VHGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -35.6% | 29.2% | 34.34% |
| 1 Yr | 53.7% | 17.3% | 252.4% | 23.30% |
| 3 Yr | 16.0%* | -3.5% | 34.6% | 27.74% |
| 5 Yr | 16.3%* | 0.1% | 32.7% | 26.85% |
| 10 Yr | 10.9%* | -6.9% | 18.3% | 27.64% |
* Annualized
Return Ranking - Calendar
| Period | VHGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 18.9% | -24.3% | 957.1% | 28.37% |
| 2019 | 21.2% | -38.3% | 47.1% | 52.34% |
| 2018 | -16.2% | -54.2% | 0.6% | 59.76% |
| 2017 | 26.1% | -76.0% | 54.1% | 13.91% |
| 2016 | 5.0% | -26.1% | 47.8% | 25.52% |
Total Return Ranking - Trailing
| Period | VHGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -35.6% | 29.2% | 35.35% |
| 1 Yr | 53.7% | 11.4% | 252.4% | 21.48% |
| 3 Yr | 16.0%* | -3.5% | 34.6% | 26.40% |
| 5 Yr | 16.3%* | 0.1% | 32.7% | 25.23% |
| 10 Yr | 10.9%* | -6.9% | 18.3% | 26.53% |
* Annualized
Total Return Ranking - Calendar
| Period | VHGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 18.9% | -24.3% | 957.1% | 28.37% |
| 2019 | 21.2% | -33.1% | 47.1% | 52.72% |
| 2018 | -16.2% | -44.4% | 1.8% | 72.27% |
| 2017 | 26.1% | -6.5% | 54.1% | 27.09% |
| 2016 | 5.0% | -14.4% | 47.8% | 43.86% |
NAV & Total Return History
VHGEX - Holdings
Concentration Analysis
| VHGEX | Category Low | Category High | VHGEX % Rank | |
|---|---|---|---|---|
| Net Assets | 8.74 B | 199 K | 133 B | 9.32% |
| Number of Holdings | 571 | 1 | 9075 | 5.95% |
| Net Assets in Top 10 | 1.29 B | -18 M | 37.6 B | 15.09% |
| Weighting of Top 10 | 16.29% | 9.1% | 100.0% | 91.19% |
Top 10 Holdings
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
- Vanguard Market Liquidity Inv 4.19%
Asset Allocation
| Weighting | Return Low | Return High | VHGEX % Rank | |
|---|---|---|---|---|
| Stocks | 96.01% | 61.84% | 125.47% | 76.21% |
| Cash | 3.98% | -174.70% | 23.12% | 21.37% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 40.09% |
| Other | 0.00% | -13.98% | 19.14% | 47.69% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 32.71% |
| Bonds | 0.00% | -1.50% | 161.67% | 36.12% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VHGEX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.77% | 0.00% | 38.42% | 20.93% |
| Communication Services | 13.97% | 0.00% | 57.66% | 19.71% |
| Consumer Cyclical | 13.97% | 0.00% | 40.94% | 31.83% |
| Technology | 13.66% | 0.00% | 49.87% | 82.71% |
| Healthcare | 12.12% | 0.00% | 35.42% | 56.39% |
| Industrials | 10.21% | 0.00% | 44.06% | 49.56% |
| Consumer Defense | 9.18% | 0.00% | 73.28% | 35.79% |
| Basic Materials | 5.21% | 0.00% | 38.60% | 24.56% |
| Real Estate | 1.44% | 0.00% | 39.48% | 52.86% |
| Energy | 1.40% | 0.00% | 21.15% | 52.75% |
| Utilities | 0.06% | 0.00% | 29.12% | 68.50% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VHGEX % Rank | |
|---|---|---|---|---|
| US | 50.03% | 0.13% | 103.82% | 71.59% |
| Non US | 45.98% | 0.58% | 99.46% | 31.61% |
VHGEX - Expenses
Operational Fees
| VHGEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.45% | 0.01% | 44.27% | 92.47% |
| Management Fee | 0.43% | 0.00% | 1.82% | 18.27% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| VHGEX 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% | 5.00% | N/A |
Trading Fees
| VHGEX 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.
| VHGEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 0.00% | 395.00% | 22.02% |
VHGEX - Distributions
Dividend Yield Analysis
| VHGEX | Category Low | Category High | VHGEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 32.71% |
Dividend Distribution Analysis
| VHGEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| VHGEX | Category Low | Category High | VHGEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.02% | -4.27% | 12.65% | 40.45% |
Capital Gain Distribution Analysis
| VHGEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 19, 2018 | $0.416 |
| Dec 19, 2017 | $0.404 |
| Dec 27, 2016 | $0.374 |
| Dec 21, 2015 | $0.405 |
| Dec 29, 2014 | $0.375 |
| Dec 27, 2013 | $0.358 |
| Dec 31, 2012 | $0.342 |
| Dec 28, 2011 | $0.362 |
| Dec 29, 2010 | $0.320 |
| Dec 31, 2009 | $0.356 |
| Dec 29, 2008 | $0.573 |
| Dec 19, 2005 | $0.240 |
| Dec 20, 1999 | $0.180 |
| Dec 22, 1998 | $0.260 |
| Jan 02, 1998 | $0.230 |
VHGEX - Fund Manager Analysis
Managers
Neil Ostrer
Start Date
Tenure
Tenure Rank
Aug 14, 1995
25.73
25.7%
Neil Ostrer is a co-founder of Marathon Asset Management LLP and has been a Portfolio Manager of Marathon’s European assets since inception of the firm in 1986. Neil is also a member of the firm’s decision making body, the Executive Committee. He has worked in the investment management industry since 1981 and holds an M.A. from Cambridge University.
William Arah
Start Date
Tenure
Tenure Rank
Aug 14, 1995
25.73
25.7%
William Arah is a co-founder of Marathon Asset Management LLP and has been a Portfolio Manager for Japanese assets since 1987. William is also a member of the firm’s decision making body, the Executive Committee. He has worked in the investment management industry since 1982 and holds an M.A. from Oxford University.
Spencer Adair
Start Date
Tenure
Tenure Rank
Apr 11, 2008
13.06
13.1%
Spencer joined Baillie Gifford in 2000 and is an Investment Manager in the Global Alpha Team. He became a Partner in 2013 and has also spent time working in the Fixed Income, Japanese, European and UK Equity Teams. Spencer graduated BSc in Medicine from the University of St Andrews in 1997, followed by two years of clinical training in Edinburgh.
Malcolm MacColl
Start Date
Tenure
Tenure Rank
Apr 11, 2008
13.06
13.1%
Malcolm is an Investment Manager in the Global Alpha Team, having been involved with Global Alpha since the product’s inception in 2005. He became a Partner of the firm in 2011. Malcolm joined Baillie Gifford in 1999 and has spent time working in the UK Small Cap and North American Teams. He is a member of the UK Society of Investment Professionals. Malcolm graduated MA in Economics and History in 1998 and MLitt in Economics, Politics and Management in 1999, both from the University of St Andrews.
Charles Plowden
Start Date
Tenure
Tenure Rank
Apr 11, 2008
13.06
13.1%
Since the inception of Global Alpha in 2005, Mr. Plowden has been one of the three portfolio managers for the strategy. After becoming a Partner in 1988, he became Joint Senior Partner with overall responsibility for the investment departments in 2006. Mr. Plowden is also Chair of the Strategic Leadership Group. He joined Baillie Gifford in 1983 and was a portfolio manager in the UK Equity Team for over 20 years notably developing Baillie Gifford’s specialist UK capabilities, and was latterly head of the team. Charles graduated BA in Modern History from the University of Oxford in 1983.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |