Vanguard Materials Index Admiral
- VMIAX
- Price as of: Nov 25, 2020
-
$78.98
N/A N/A
- Primary Theme
- Natural Resources Industry Equity
- Fund Company
- Vanguard
- Share Class
VMIAX - Snapshot
Vitals
- YTD Return 14.2%
- 3 Yr Annualized Return 2.4%
- 5 Yr Annualized Return 8.5%
- Net Assets $2.43 B
- Holdings in Top 10 53.8%
52 WEEK LOW AND HIGH
$78.98
$41.61
$78.98
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.10%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 4.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
Natural Resources Industry Equity
- Fund Type Open End Mutual Fund
- Investment Style Natural Resources
VMIAX - Profile
Distributions
- YTD Total Return 14.2%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 8.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.08%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVanguard Materials Index Fund
-
Fund Family NameVanguard
-
Inception DateFeb 11, 2004
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWilliam Coleman
Fund Description
The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.
VMIAX - Performance
Return Ranking - Trailing
| Period | VMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.2% | -24.4% | 93.9% | 24.77% |
| 1 Yr | 8.6% | -32.8% | 73.7% | 14.81% |
| 3 Yr | 2.4%* | -27.2% | 12.2% | 17.31% |
| 5 Yr | 8.5%* | -13.4% | 18.2% | 20.41% |
| 10 Yr | 8.2%* | -17.0% | 9.8% | 10.00% |
* Annualized
Return Ranking - Calendar
| Period | VMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 21.1% | -25.1% | 36.9% | 14.95% |
| 2018 | -18.8% | -46.3% | -6.8% | 37.62% |
| 2017 | 21.5% | -39.4% | 59.0% | 18.18% |
| 2016 | 19.3% | -8.0% | 446.7% | 66.30% |
| 2015 | -12.2% | -57.9% | 80.5% | 28.09% |
Total Return Ranking - Trailing
| Period | VMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.2% | -24.4% | 93.9% | 24.77% |
| 1 Yr | 8.6% | -36.1% | 73.7% | 13.89% |
| 3 Yr | 2.4%* | -28.1% | 12.2% | 16.35% |
| 5 Yr | 8.5%* | -13.7% | 18.2% | 18.37% |
| 10 Yr | 8.2%* | -17.0% | 9.8% | 8.89% |
* Annualized
Total Return Ranking - Calendar
| Period | VMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 21.1% | -25.1% | 36.9% | 14.95% |
| 2018 | -18.8% | -46.3% | -6.7% | 39.60% |
| 2017 | 21.5% | -3.9% | 59.0% | 27.27% |
| 2016 | 19.3% | -8.0% | 103.4% | 65.22% |
| 2015 | -12.2% | -57.9% | 0.6% | 25.84% |
NAV & Total Return History
VMIAX - Holdings
Concentration Analysis
| VMIAX | Category Low | Category High | VMIAX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.43 B | 772 K | 4.12 B | 4.50% |
| Number of Holdings | 117 | 4 | 319 | 11.71% |
| Net Assets in Top 10 | 1.3 B | 306 K | 2.71 B | 1.80% |
| Weighting of Top 10 | 53.82% | 17.9% | 99.5% | 30.63% |
Top 10 Holdings
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
- Linde PLC 14.90%
Asset Allocation
| Weighting | Return Low | Return High | VMIAX % Rank | |
|---|---|---|---|---|
| Stocks | 100.00% | 81.88% | 100.03% | 1.80% |
| Preferred Stocks | 0.00% | 0.00% | 0.78% | 13.51% |
| Other | 0.00% | -4.48% | 4.67% | 9.91% |
| Convertible Bonds | 0.00% | 0.00% | 0.69% | 9.01% |
| Cash | 0.00% | -0.03% | 12.58% | 98.20% |
| Bonds | 0.00% | 0.00% | 5.01% | 19.82% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VMIAX % Rank | |
|---|---|---|---|---|
| Basic Materials | 83.39% | 0.00% | 100.00% | 12.61% |
| Consumer Cyclical | 13.84% | 0.00% | 41.61% | 12.61% |
| Industrials | 2.36% | 0.00% | 65.69% | 60.36% |
| Energy | 0.41% | 0.00% | 87.74% | 67.57% |
| Utilities | 0.00% | 0.00% | 40.51% | 54.95% |
| Technology | 0.00% | 0.00% | 15.32% | 53.15% |
| Real Estate | 0.00% | 0.00% | 39.44% | 25.23% |
| Healthcare | 0.00% | 0.00% | 24.95% | 19.82% |
| Financial Services | 0.00% | 0.00% | 4.78% | 23.42% |
| Communication Services | 0.00% | 0.00% | 0.33% | 8.11% |
| Consumer Defense | 0.00% | 0.00% | 40.96% | 55.86% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VMIAX % Rank | |
|---|---|---|---|---|
| US | 85.53% | 5.12% | 99.92% | 10.81% |
| Non US | 14.47% | 0.00% | 94.91% | 88.29% |
VMIAX - Expenses
Operational Fees
| VMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.10% | 0.07% | 7.25% | 97.30% |
| Management Fee | 0.09% | 0.00% | 1.25% | 4.50% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.25% | N/A |
Sales Fees
| VMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.30% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| VMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.30% | 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.
| VMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 4.00% | 3.00% | 129.00% | 4.50% |
VMIAX - Distributions
Dividend Yield Analysis
| VMIAX | Category Low | Category High | VMIAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.00% | 36.94% |
Dividend Distribution Analysis
| VMIAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| VMIAX | Category Low | Category High | VMIAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.08% | -1.04% | 5.95% | 30.63% |
Capital Gain Distribution Analysis
| VMIAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 13, 2018 | $0.322 |
| Sep 24, 2018 | $0.299 |
| Jun 28, 2018 | $0.336 |
| Mar 16, 2018 | $0.185 |
| Dec 14, 2017 | $0.289 |
| Sep 27, 2017 | $0.313 |
| Jun 28, 2017 | $0.280 |
| Mar 24, 2017 | $0.255 |
| Dec 14, 2016 | $0.282 |
| Sep 20, 2016 | $0.292 |
| Jun 21, 2016 | $0.220 |
| Mar 21, 2016 | $0.194 |
| Dec 23, 2015 | $0.305 |
| Sep 23, 2015 | $0.804 |
| Dec 18, 2014 | $0.962 |
| Dec 20, 2013 | $0.964 |
| Dec 20, 2012 | $0.798 |
| Dec 21, 2011 | $0.804 |
| Dec 22, 2010 | $0.920 |
| Dec 22, 2009 | $0.459 |
| Dec 22, 2008 | $0.796 |
| Dec 14, 2007 | $0.640 |
| Dec 18, 2006 | $0.570 |
| Dec 22, 2005 | $0.495 |
| Dec 22, 2004 | $0.500 |
VMIAX - Fund Manager Analysis
Managers
William Coleman
Start Date
Tenure
Tenure Rank
Aug 31, 2015
5.17
5.2%
William Coleman, Portfolio Manager. He has worked in investment management since joining Vanguard in 2006. Education: B.S., King’s College; M.S., Saint Joseph’s University.
Michelle Louie
Start Date
Tenure
Tenure Rank
Nov 30, 2017
2.92
2.9%
Michelle Louie, CFA, Portfolio Manager at Vanguard. She has been with Vanguard since 2010, has worked in investment management since 2011. Education: B.S., The American University; M.B.A., Georgia Institute of Technology.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.16 | 22.6 | 6.8 | 14.26 |