VMGRX: Vanguard Mid Cap Growth Inv

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VMGRX Vanguard Mid Cap Growth Inv


Profile

VMGRX - Profile

Vitals

  • YTD Return 10.6%
  • 3 Yr Annualized Return 5.0%
  • 5 Yr Annualized Return 4.2%
  • Net Assets $4.7 B
  • Holdings in Top 10 16.6%

52 WEEK LOW AND HIGH

$29.55
$18.15
$31.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

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

BROKERAGE FEES

  • Turnover 111.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 10.6%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Vanguard Mid-Cap Growth
  • Fund Family Name
    Vanguard
  • Inception Date
    Dec 31, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    D. Scott Tracy

Fund Description

The fund invests at least 80% of its assets in common stocks of mid-size companies. In selecting investments, each advisor invests in those mid-size companies that the adviser believes have the best prospects for future growth. The fund uses multiple investment advisors.


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Categories

Fund Company Quick Screens

Performance

VMGRX - Performance

Return Ranking - Trailing

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -23.6% 1956.6% 57.66%
1 Yr 6.1% -66.9% 2054.7% 66.43%
3 Yr 5.0%* -45.6% 181.0% 49.80%
5 Yr 4.2%* -31.5% 94.8% 55.28%
10 Yr 5.8%* -13.6% 21.5% 49.08%

* Annualized

Return Ranking - Calendar

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
2019 19.4% -50.2% 44.9% 76.25%
2018 -15.3% -51.7% 5.6% 47.59%
2017 17.9% -21.1% 34.8% 42.18%
2016 -0.2% -61.7% 40.3% 61.69%
2015 -7.3% -54.0% 12.2% 55.12%

Total Return Ranking - Trailing

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -23.6% 1956.6% 57.66%
1 Yr 6.1% -66.9% 2054.7% 66.43%
3 Yr 5.0%* -41.3% 181.0% 68.43%
5 Yr 4.2%* -24.4% 94.8% 84.04%
10 Yr 5.8%* -11.4% 21.5% 82.52%

* Annualized

Total Return Ranking - Calendar

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
2019 19.4% -50.2% 44.9% 76.25%
2018 -15.3% -51.7% 12.2% 65.32%
2017 17.9% -7.0% 39.4% 79.42%
2016 -0.2% -61.7% 40.3% 87.75%
2015 -7.3% -54.0% 12.2% 83.95%

NAV & Total Return History


Holdings

VMGRX - Holdings

Concentration Analysis

VMGRX Category Low Category High VMGRX % Rank
Net Assets 4.7 B 899 K 34.4 B 21.71%
Number of Holdings 168 16 2584 8.54%
Net Assets in Top 10 746 M 192 K 7.15 B 27.58%
Weighting of Top 10 16.61% 6.9% 96.0% 93.42%

Top 10 Holdings

  1. RingCentral Inc Class A 2.90%
  2. Global Payments Inc 1.70%
  3. Square Inc A 1.68%
  4. Dollar General Corp 1.60%
  5. SBA Communications Corp 1.56%
  6. O'Reilly Automotive Inc 1.50%
  7. Burlington Stores Inc 1.45%
  8. IHS Markit Ltd 1.44%
  9. KLA Corp 1.41%
  10. DexCom Inc 1.36%

Asset Allocation

Weighting Return Low Return High VMGRX % Rank
Stocks
94.27% 82.46% 117.39% 94.31%
Cash
5.65% -22.20% 17.54% 6.05%
Bonds
0.08% 0.00% 2.13% 2.85%
Preferred Stocks
0.00% 0.00% 1.64% 53.56%
Other
0.00% -12.49% 4.82% 54.09%
Convertible Bonds
0.00% 0.00% 0.12% 50.00%

Stock Sector Breakdown

Weighting Return Low Return High VMGRX % Rank
Technology
32.49% 0.00% 58.99% 37.37%
Healthcare
21.83% 0.00% 40.78% 41.28%
Industrials
15.58% 0.00% 35.43% 34.88%
Consumer Cyclical
11.43% 0.35% 58.93% 68.68%
Financial Services
5.42% 0.00% 38.56% 48.93%
Communication Services
5.05% 0.00% 23.90% 46.26%
Consumer Defense
3.81% 0.00% 16.42% 39.86%
Real Estate
2.30% 0.00% 17.76% 61.21%
Basic Materials
2.11% 0.00% 18.77% 30.25%
Utilities
0.00% 0.00% 6.18% 61.57%
Energy
0.00% 0.00% 47.75% 71.53%

Stock Geographic Breakdown

Weighting Return Low Return High VMGRX % Rank
US
89.86% 81.17% 107.56% 76.87%
Non US
4.41% 0.00% 17.06% 49.29%

Bond Sector Breakdown

Weighting Return Low Return High VMGRX % Rank
Cash & Equivalents
98.68% 0.01% 100.00% 89.62%
Government
1.32% 0.00% 38.44% 1.09%
Derivative
0.00% 0.00% 24.85% 49.91%
Securitized
0.00% 0.00% 0.00% 49.91%
Corporate
0.00% 0.00% 99.99% 55.37%
Municipal
0.00% 0.00% 0.00% 49.91%

Bond Geographic Breakdown

Weighting Return Low Return High VMGRX % Rank
US
0.08% 0.00% 2.13% 2.85%
Non US
0.00% 0.00% 0.00% 49.64%

Expenses

VMGRX - Expenses

Operational Fees

VMGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.05% 27.43% 98.51%
Management Fee 0.35% 0.00% 1.50% 2.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

VMGRX 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

VMGRX 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.

VMGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 111.00% 1.93% 385.00% 91.91%

Distributions

VMGRX - Distributions

Dividend Yield Analysis

VMGRX Category Low Category High VMGRX % Rank
Dividend Yield 0.00% 0.00% 38.05% 50.53%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VMGRX Category Low Category High VMGRX % Rank
Net Income Ratio 0.27% -2.56% 1.52% 8.99%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

VMGRX - Fund Manager Analysis

Managers

D. Scott Tracy


Start Date

Tenure

Tenure Rank

Dec 05, 2016

3.74

3.7%

Mr. Tracy joined RS Investments and has been a member of the RS Growth Team since 2001. Prior to joining RS Investments in 2001, he spent three years at Shoreline Investment Management, the in house asset management arm of Hewlett-Packard. He has also served as an equity analyst at Montgomery Securities. Mr. Tracy holds a B.A. in history from Trinity College and an M.B.A. from the University of California at Berkeley. He is also a Chartered Financial Analyst.

Stephen Bishop


Start Date

Tenure

Tenure Rank

Dec 05, 2016

3.74

3.7%

Stephen J. Bishop is a co-portfolio manager and analyst on the RS Growth Team. Mr. Bishop has been with Victory Capital since 2016, when Victory Capital acquired RS Investments. Mr. Bishop has been a co-portfolio manager on the RS Growth Team since 2007. He joined RS Investment Management Co. LLC in 1996 as a research analyst primarily covering the technology sector, which remains his area of focus today. Prior to joining RS, he worked as an analyst in the corporate finance department of Dean Witter Reynolds, Inc., for two years. Steve holds a B.A. in economics from the University of Notre Dame and an M.B.A. from Harvard Business School.

Melissa Chadwick-Dunn


Start Date

Tenure

Tenure Rank

Dec 05, 2016

3.74

3.7%

Melissa Chadwick-Dunn is an analyst in the RS Growth Group and a principal at RS Investments. Before joining the firm in 2001, she was an equity analyst at Putnam Investments for two years, covering international small-cap stocks. Prior to that, she spent four years in investment banking, working on corporate finance and mergers-and-acquisition transactions for Lehman Brothers and McDaniels S.A. Melissa holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an M.B.A. from the Wharton School of Business.

Christopher Clark


Start Date

Tenure

Tenure Rank

Dec 05, 2016

3.74

3.7%

Christopher W. Clark has been a co-portfolio manager of the Victory RS Investments Custom Growth Strategy (formerly, the RS Investments Custom Growth Strategy) of the Fund since September 2015. He has worked in investment management since 2001, has been with RS Investments since 2007, has managed investment portfolios since 2014, and has been with Victory Capital since 2016. Before joining RS Investments, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that, he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a B.A. in economics from the University of Virginia. Chris is a CFA Charterholder.

Christopher Scarpa


Start Date

Tenure

Tenure Rank

Dec 17, 2018

1.71

1.7%

Christopher J. Scarpa, Vice President of Frontier Capital. He has worked in investment management since 1998, has been with Frontier Capital since 2001 as an equity research analyst. Education: B.A., Tufts University; M.B.A., Harvard Business School.

Paul Leung


Start Date

Tenure

Tenure Rank

Dec 17, 2018

1.71

1.7%

Paul Leung joined Victory Capital in 2016 in connection with Victory Capital’s acquisition of RS Investments. Prior to joining Victory Capital, Mr. Leung was a member of the RS Growth Team, as an analyst, since 2012. Prior to joining RS Investments in 2012, he worked as a senior investment analyst at Ashfield Capital Partners where he focused on the technology sector. Previously, he held research and financial analyst positions at Sterling Johnston Capital Management, from 2002 to 2010, and Citigroup, from 1999 to 2001. Mr. Leung is a CFA Charterholder. Paul earned his bachelor’s degree in economics and business management from Cornell University.

Timothy Manning


Start Date

Tenure

Tenure Rank

Dec 17, 2018

1.71

1.7%

Timothy Manning Equity Portfolio Manager, Senior Managing Director Education BS, Boston University, 1997 Professional Experience State Street, 1996 – 2000 John Hancock Financial Services, 2000 – 2002 RiverSource Investments, 2002 – 2007 Wellington Management, 2007 – Present

Ravi Dabas


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.17

1.2%

Mr. Dabas is portfolio manager and vice president of Frontier Capital Management Company. Mr. Dabas joined Frontier in 2007 as an equity research analyst. He assumed portfolio management responsibilities for Frontier’s mid-cap growth portfolios in 2019.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 33.68 8.32 0.5