VMGRX: Vanguard Mid Cap Growth Inv

Welcome to MutualFunds.com. Please help us personalize your experience.

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.

VMGRX Vanguard Mid Cap Growth Inv

  • Fund
  • VMGRX
  • Price as of: Dec 12, 2019
  • $28.96
    + $0.17 + 0.59%

Profile

VMGRX - Profile

Vitals

  • YTD Return 29.5%
  • 3 Yr Annualized Return 8.1%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $4.68 B
  • Holdings in Top 10 17.8%

52 WEEK LOW AND HIGH

$28.96
$20.78
$29.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

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

BROKERAGE FEES

  • Turnover 75.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA $3,000

Fund Classification


Distributions

  • YTD Total Return 29.5%
  • 3 Yr Annualized Total Return 8.1%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.40%
DIVIDENDS
  • Dividend Yield 0.3%
  • 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
    Stephen J. Bishop

Fund Description

The Vanguard Mid-Cap Growth Fund Investor Shares (VMGRX) is an actively managed fund that seeks to aggressively grow capital over the long term. The fund focuses its attention on U.S. mid-cap stocks and uses fundamental analysis to undercover those shares with the propensity to grow earnings at a faster rate than the broader market. VMGRX primarily focuses on firms that have outstanding new products, market share gains, and improving cost structures in addition to its earnings requirements. There is no restriction on industry or sector.

When paired with a mid-cap value fund, VMGRX can be used as a core option. The fund is managed by William Blair Investment Management and Chartwell Investment Partners.


Get Updates About VMGRX

Sign up for Advisor Access to receive email updates about VMGRX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Fund Company Quick Screens

Performance

VMGRX - Performance

Return Ranking - Trailing

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.5% -32.0% 41.2% 40.81%
1 Yr 8.7% -34.9% 30.8% 76.17%
3 Yr 8.1%* -29.5% 42.5% 49.53%
5 Yr 1.7%* -23.5% 22.7% 65.62%
10 Yr 6.9%* -11.1% 19.8% 56.03%

* Annualized

Return Ranking - Calendar

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.3% -51.7% 102.3% 47.91%
2017 17.9% -21.1% 36.0% 41.84%
2016 -0.2% -61.7% 40.3% 64.48%
2015 -7.3% -54.0% 12.2% 54.43%
2014 -2.1% -23.5% 17.9% 47.48%

Total Return Ranking - Trailing

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.5% -32.0% 41.2% 40.81%
1 Yr 8.7% -34.9% 32.3% 80.70%
3 Yr 8.1%* -16.3% 42.5% 66.10%
5 Yr 1.7%* -21.2% 22.7% 86.79%
10 Yr 6.9%* -8.1% 19.8% 80.43%

* Annualized

Total Return Ranking - Calendar

Period VMGRX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.3% -51.7% 102.3% 64.66%
2017 17.9% -7.0% 39.4% 76.58%
2016 -0.2% -61.7% 40.3% 88.30%
2015 -7.3% -54.0% 12.2% 83.37%
2014 -2.1% -23.5% 18.1% 80.05%

NAV & Total Return History


Holdings

VMGRX - Holdings

Concentration Analysis

VMGRX Category Low Category High VMGRX % Rank
Net Assets 4.68 B 726 K 34.3 B 18.04%
Number of Holdings 143 1 2565 9.97%
Net Assets in Top 10 817 M 175 K 5.97 B 21.31%
Weighting of Top 10 17.78% 5.2% 100.0% 84.88%

Top 10 Holdings

  1. Global Payments Inc 2.52%
  2. Dollar General Corp 2.18%
  3. IHS Markit Ltd 1.92%
  4. Twitter Inc 1.87%
  5. Euronet Worldwide Inc 1.71%
  6. Lam Research Corp 1.63%
  7. Live Nation Entertainment Inc 1.52%
  8. The Cooper Companies Inc 1.48%
  9. O'Reilly Automotive Inc 1.48%
  10. Microchip Technology Inc 1.47%

Asset Allocation

Weighting Return Low Return High VMGRX % Rank
Stocks
95.78% 85.46% 123.55% 79.21%
Cash
4.22% -29.87% 14.54% 18.04%
Preferred Stocks
0.00% 0.00% 1.90% 18.04%
Other
0.00% -11.39% 6.32% 24.23%
Convertible Bonds
0.00% 0.00% 0.00% 12.03%
Bonds
0.00% 0.00% 2.56% 13.40%

Stock Sector Breakdown

Weighting Return Low Return High VMGRX % Rank
Technology
31.47% 0.00% 55.28% 20.27%
Industrials
20.78% 0.00% 35.42% 21.31%
Healthcare
13.03% 0.00% 38.93% 77.15%
Consumer Cyclical
13.02% 2.71% 50.57% 66.49%
Consumer Defense
6.34% 0.00% 15.71% 17.18%
Financial Services
5.72% 0.00% 40.37% 60.48%
Basic Materials
2.61% 0.00% 17.78% 32.13%
Real Estate
1.41% 0.00% 48.86% 81.27%
Energy
1.10% 0.00% 12.22% 31.79%
Utilities
0.00% 0.00% 6.08% 33.33%
Communication Services
0.00% 0.00% 17.07% 71.99%

Stock Geographic Breakdown

Weighting Return Low Return High VMGRX % Rank
US
91.09% 80.04% 118.32% 75.77%
Non US
4.69% 0.00% 17.06% 27.84%

Expenses

VMGRX - Expenses

Operational Fees

VMGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.00% 27.43% 98.78%
Management Fee 0.34% 0.00% 1.50% 2.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.72% 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 0.05% 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 75.00% 1.24% 385.00% 74.27%

Distributions

VMGRX - Distributions

Dividend Yield Analysis

VMGRX Category Low Category High VMGRX % Rank
Dividend Yield 0.34% 0.00% 44.23% 4.12%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VMGRX Category Low Category High VMGRX % Rank
Net Income Ratio 0.40% -2.55% 2.65% 5.59%

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

Stephen J. Bishop


Start Date

Tenure

Tenure Rank

Dec 05, 2016

2.99

3.0%

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

2.99

3.0%

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.

Scott Tracy


Start Date

Tenure

Tenure Rank

Dec 05, 2016

2.99

3.0%

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.

Christopher W. Clark


Start Date

Tenure

Tenure Rank

Dec 05, 2016

2.99

3.0%

Christopher W. Clark has been a portfolio manager since 2014. Mr. Clark has been with Victory Capital Management since 2016. From 2007 to 2016, he was an analyst with RS Investment Management Co. LLC, which was acquired by the Victory Capital Management in 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 J. Scarpa


Start Date

Tenure

Tenure Rank

Dec 17, 2018

0.95

1.0%

Mr. Scarpa is portfolio manager and vice president of Frontier Capital Management Company. Mr. Scarpa joined Frontier in 2001 as an equity research analyst. He assumed portfolio management responsibilities for Frontier’s mid-cap growth portfolios in 2010.

Paul Leung


Start Date

Tenure

Tenure Rank

Dec 17, 2018

0.95

1.0%

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 N. Manning


Start Date

Tenure

Tenure Rank

Dec 17, 2018

0.95

1.0%

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

Stephen M. Knightly


Start Date

Tenure

Tenure Rank

Dec 17, 2018

0.95

1.0%

Steve, CFA, is the lead portfolio manager at Frontier Capital Management Company. Mr. Knightly joined Frontier in 1992. He has been the lead portfolio manager for Frontier’s mid-cap growth portfolios since 2005. He has been the President of Frontier since 2010.

Ravi Dabas


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.42

0.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 32.93 8.03 2.75