Vanguard International Explorer Inv
- VINEX
- Price as of: Nov 25, 2020
-
$19.20
N/A N/A
- Primary Theme
- International Mid-Cap Growth Equity
- Fund Company
- Vanguard
- Share Class
VINEX - Snapshot
Vitals
- YTD Return 6.6%
- 3 Yr Annualized Return -2.8%
- 5 Yr Annualized Return 4.0%
- Net Assets $2.33 B
- Holdings in Top 10 12.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.39%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 35.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $3,000
- IRA N/A
Fund Classification
-
Primary Theme
International Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Foreign Small/Mid Growth
VINEX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return -2.8%
- 5 Yr Annualized Total Return 4.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.28%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameVanguard International Explorer Fund
-
Fund Family NameVanguard
-
Inception DateNov 04, 1996
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Dobbs
Fund Description
The fund invests primarily in the equity securities of small-capitalization companies located in numerous countries outside the United States that an advisor believes offer the potential for capital appreciation. In doing so, each advisor considers, among other things, whether the company has the potential for above-average earnings growth, whether the company's securities are attractively valued, and whether the company has a sustainable competitive advantage. It uses multiple investment advisors.
VINEX - Performance
Return Ranking - Trailing
| Period | VINEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.6% | -1.1% | 56.4% | 71.43% |
| 1 Yr | 0.6% | -3.7% | 54.8% | 78.95% |
| 3 Yr | -2.8%* | -2.8% | 20.7% | 100.00% |
| 5 Yr | 4.0%* | 2.6% | 16.9% | 92.73% |
| 10 Yr | 5.3%* | 4.7% | 14.5% | 96.43% |
* Annualized
Return Ranking - Calendar
| Period | VINEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 18.9% | 15.5% | 44.0% | 88.00% |
| 2018 | -29.2% | -51.1% | -3.5% | 75.42% |
| 2017 | 30.4% | 15.0% | 41.8% | 50.00% |
| 2016 | -3.7% | -73.5% | 17.7% | 60.42% |
| 2015 | 2.9% | -14.4% | 15.9% | 47.67% |
Total Return Ranking - Trailing
| Period | VINEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.6% | -1.1% | 56.4% | 71.43% |
| 1 Yr | 0.6% | -8.6% | 54.8% | 75.19% |
| 3 Yr | -2.8%* | -3.2% | 20.7% | 99.18% |
| 5 Yr | 4.0%* | 2.3% | 16.9% | 92.73% |
| 10 Yr | 5.3%* | 4.7% | 14.5% | 94.05% |
* Annualized
Total Return Ranking - Calendar
| Period | VINEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 18.9% | 15.5% | 44.0% | 88.00% |
| 2018 | -29.2% | -50.9% | -3.2% | 85.59% |
| 2017 | 30.4% | 15.0% | 47.2% | 85.85% |
| 2016 | -3.7% | -12.9% | 17.7% | 68.75% |
| 2015 | 2.9% | -13.9% | 17.0% | 54.65% |
NAV & Total Return History
VINEX - Holdings
Concentration Analysis
| VINEX | Category Low | Category High | VINEX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.33 B | 1.61 M | 9.05 B | 18.80% |
| Number of Holdings | 512 | 32 | 1360 | 1.50% |
| Net Assets in Top 10 | 302 M | 351 K | 1.62 B | 35.34% |
| Weighting of Top 10 | 12.14% | 7.5% | 59.0% | 99.25% |
Top 10 Holdings
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
- Vanguard Market Liquidity Inv 5.07%
Asset Allocation
| Weighting | Return Low | Return High | VINEX % Rank | |
|---|---|---|---|---|
| Stocks | 94.44% | 92.06% | 102.74% | 88.72% |
| Cash | 5.36% | -2.74% | 12.18% | 15.04% |
| Bonds | 0.19% | 0.00% | 0.19% | 0.75% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 96.99% |
| Other | 0.00% | -9.06% | 1.77% | 96.24% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 96.99% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VINEX % Rank | |
|---|---|---|---|---|
| Technology | 20.23% | 9.27% | 34.12% | 51.13% |
| Industrials | 19.55% | 0.00% | 38.99% | 50.38% |
| Consumer Cyclical | 15.64% | 2.94% | 29.87% | 21.80% |
| Financial Services | 10.80% | 2.54% | 18.72% | 21.05% |
| Healthcare | 10.50% | 1.85% | 36.86% | 67.67% |
| Real Estate | 6.73% | 0.00% | 12.94% | 15.79% |
| Communication Services | 6.67% | 0.00% | 25.89% | 43.61% |
| Consumer Defense | 4.20% | 0.00% | 13.24% | 87.22% |
| Basic Materials | 3.59% | 0.00% | 12.92% | 63.91% |
| Utilities | 1.57% | 0.00% | 5.11% | 36.09% |
| Energy | 0.51% | 0.00% | 2.94% | 65.41% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VINEX % Rank | |
|---|---|---|---|---|
| Non US | 94.20% | 77.67% | 102.74% | 74.44% |
| US | 0.24% | 0.00% | 16.90% | 65.41% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | VINEX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 96.52% | 0.00% | 100.00% | 88.72% |
| Government | 3.48% | 0.00% | 3.48% | 0.75% |
| Derivative | 0.00% | 0.00% | 100.00% | 97.74% |
| Securitized | 0.00% | 0.00% | 0.00% | 96.99% |
| Corporate | 0.00% | 0.00% | 2.89% | 96.99% |
| Municipal | 0.00% | 0.00% | 0.00% | 96.99% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | VINEX % Rank | |
|---|---|---|---|---|
| US | 0.19% | 0.00% | 0.19% | 0.75% |
| Non US | 0.00% | 0.00% | 0.00% | 96.99% |
VINEX - Expenses
Operational Fees
| VINEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.39% | 0.01% | 15.15% | 99.25% |
| Management Fee | 0.38% | 0.00% | 1.75% | 1.50% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.26% | N/A |
Sales Fees
| VINEX 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% | 4.00% | N/A |
Trading Fees
| VINEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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.
| VINEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 35.00% | 0.00% | 159.00% | 44.36% |
VINEX - Distributions
Dividend Yield Analysis
| VINEX | Category Low | Category High | VINEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.76% | 96.99% |
Dividend Distribution Analysis
| VINEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| VINEX | Category Low | Category High | VINEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.28% | -1.13% | 2.96% | 3.76% |
Capital Gain Distribution Analysis
| VINEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 19, 2018 | $0.289 |
| Dec 19, 2017 | $0.447 |
| Dec 27, 2016 | $0.318 |
| Dec 21, 2015 | $0.263 |
| Dec 23, 2014 | $0.326 |
| Dec 18, 2013 | $0.420 |
| Dec 31, 2012 | $0.405 |
| Dec 29, 2010 | $0.224 |
| Dec 31, 2009 | $0.202 |
| Dec 29, 2008 | $0.356 |
| Dec 19, 2005 | $0.400 |
| Dec 24, 2003 | $0.067 |
| Dec 27, 2002 | $0.060 |
VINEX - Fund Manager Analysis
Managers
Matthew Dobbs
Start Date
Tenure
Tenure Rank
Jan 01, 2000
20.85
20.9%
Matthew Dobbs is Head Global Small Companies/Specialist Asia at Schroders, which involves running a range of specialist equity portfolios and funds. He joined Schroders in 1981 and is based in London.
Magnus Larsson
Start Date
Tenure
Tenure Rank
Aug 14, 2017
3.22
3.2%
Magnus S. Larsson, Director and Portfolio Manager at TimesSquare Capital. He has worked in investment management since 1995, has managed investment portfolios since 2000, joined TimesSquare in April 2012 as a Senior Vice President and Senior International Portfolio Manager. Prior to joining TimesSquare, Mr. Larsson was a Portfolio Manager at Nordea Investment Management from 2004 to 2012 where he managed portfolios of European Small Cap equities since 2003 and European Mid Cap equities since 2006. Education: B.S., B.A., University of Orebro, Sweden.
Luke Biermann
Start Date
Tenure
Tenure Rank
Aug 24, 2020
0.19
0.2%
Luke Biermann is a Fund Manager at Schroders, with responsibility for managing the Schroder European Smaller Companies Fund. He joined Schroders in 2006 and is based in London. Luke was an Analyst at Schroders from 2006 to 2011, specialising in UK and continental European smaller companies within Schroders Pan European Small and Mid Cap team. Qualifications: CFA Charterholder; BSc in Computer Science from Bath University
Brian Lum
Start Date
Tenure
Tenure Rank
Aug 24, 2020
0.19
0.2%
Mr. Lum is a portfolio manager in the Manager's International Growth Research Team and became a member of the International Growth Portfolio Construction Group in May 2015. He also Chairs the Manager's International Smaller Companies Portfolio Construction Group. Mr. Lum joined Baillie Gifford in 2006 and initially worked in the North American and Emerging Markets departments, before spending a number of years focused on investment in smaller companies. Mr. Lum graduated MSci and BA (Hons) in Physics from the University of Cambridge in 2006. Mr. Lum has been a member of CFA institution since 2015.
Steve Vaughan
Start Date
Tenure
Tenure Rank
Aug 24, 2020
0.19
0.2%
Joined Baillie Gifford in 2012 and has spent time working in the Manager’s Global Small Cap, UK and European equity investment teams as well as the Manager’s Multi-Asset team. Before joining Baillie Gifford, Mr. Vaughan worked as an Officer in the British Army.
Mary Pryshlak
Start Date
Tenure
Tenure Rank
Aug 24, 2020
0.19
0.2%
Ms. Pryshlak is Senior Managing Director and Director of Global Industry Research of Wellington Management, and joined the firm in 2004.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 26.93 | 6.65 | 0.67 |