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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.00

$631 M

0.14%

$0.02

1.31%

Vitals

YTD Return

9.1%

1 yr return

22.6%

3 Yr Avg Return

6.0%

5 Yr Avg Return

1.6%

Net Assets

$631 M

Holdings in Top 10

8.3%

52 WEEK LOW AND HIGH

$11.9
$10.04
$12.30

Expenses

OPERATING FEES

Expense Ratio 1.31%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 133.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Equity Market Neutral


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.00

$631 M

0.14%

$0.02

1.31%

VMNFX - Profile

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 0.18%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Vanguard Market Neutral Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Nov 11, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Cesar Orosco

Fund Description

The fund follows a market neutral strategy, which the managers define as a strategy designed to produce a portfolio that is neutral with respect to general stock market risk (sometimes referred to as beta neutrality). Beta is a measure of a portfolio's volatility relative to the volatility of the general stock market. The fund, as a whole, does not seek to adhere to any other definition of market neutrality.


VMNFX - Performance

Return Ranking - Trailing

Period VMNFX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -11.6% 15.8% 11.00%
1 Yr 22.6% -33.0% 41.7% 76.70%
3 Yr 6.0%* -10.5% 13.4% 94.90%
5 Yr 1.6%* -4.8% 11.1% 95.18%
10 Yr 2.4%* -4.6% 7.6% 88.24%

* Annualized

Return Ranking - Calendar

Period VMNFX Return Category Return Low Category Return High Rank in Category (%)
2021 23.0% -31.7% 23.2% 87.76%
2020 -12.3% -20.7% 10.7% 92.78%
2019 -12.3% -12.4% 14.7% 42.22%
2018 -0.3% -13.2% 12.9% 96.20%
2017 -5.9% -11.7% 7.9% 42.86%

Total Return Ranking - Trailing

Period VMNFX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -11.7% 15.8% 11.00%
1 Yr 22.6% -33.0% 41.7% 74.76%
3 Yr 6.0%* -10.5% 13.4% 90.82%
5 Yr 1.6%* -4.8% 11.1% 95.18%
10 Yr 2.4%* -4.6% 7.6% 88.24%

* Annualized

Total Return Ranking - Calendar

Period VMNFX Return Category Return Low Category Return High Rank in Category (%)
2021 23.0% -31.7% 23.2% 87.76%
2020 -12.3% -20.7% 10.7% 92.78%
2019 -12.3% -12.4% 14.7% 52.22%
2018 -0.3% -12.7% 12.9% 96.20%
2017 -5.9% -11.5% 13.2% 68.57%

NAV & Total Return History


VMNFX - Holdings

Concentration Analysis

VMNFX Category Low Category High VMNFX % Rank
Net Assets 631 M 105 K 12.6 B 33.65%
Number of Holdings 528 5 2526 28.85%
Net Assets in Top 10 13.4 K -619 M 6.53 B 74.04%
Weighting of Top 10 8.32% 7.6% 96.1% 96.34%

Top 10 Holdings

  1. Vanguard Market Liquidity Inv 2.00%
  2. Vanguard Market Liquidity Inv 2.00%
  3. Vanguard Market Liquidity Inv 2.00%
  4. Vanguard Market Liquidity Inv 2.00%
  5. Vanguard Market Liquidity Inv 2.00%
  6. Vanguard Market Liquidity Inv 2.00%
  7. Vanguard Market Liquidity Inv 2.00%
  8. Vanguard Market Liquidity Inv 2.00%
  9. Vanguard Market Liquidity Inv 2.00%
  10. Vanguard Market Liquidity Inv 2.00%

Asset Allocation

Weighting Return Low Return High VMNFX % Rank
Cash
99.31% -225.56% 102.75% 4.81%
Stocks
0.69% -57.09% 325.56% 70.19%
Preferred Stocks
0.00% 0.00% 5.67% 91.35%
Other
0.00% -11.90% 43.69% 79.81%
Convertible Bonds
0.00% 0.00% 95.47% 91.35%
Bonds
0.00% -1.04% 63.30% 88.46%

VMNFX - Expenses

Operational Fees

VMNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.73% 9.52% 88.35%
Management Fee 0.18% 0.13% 1.65% 1.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.06% 0.40% N/A

Sales Fees

VMNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VMNFX 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.

VMNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 133.00% 30.00% 483.00% 49.44%

VMNFX - Distributions

Dividend Yield Analysis

VMNFX Category Low Category High VMNFX % Rank
Dividend Yield 0.14% 0.00% 0.75% 84.62%

Dividend Distribution Analysis

VMNFX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

VMNFX Category Low Category High VMNFX % Rank
Net Income Ratio 0.18% -2.49% 4.20% 30.10%

Capital Gain Distribution Analysis

VMNFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Monthly Annually Annually Annually

Dividend Payout History

View More +

VMNFX - Fund Manager Analysis

Managers

Cesar Orosco


Start Date

Tenure

Tenure Rank

Feb 26, 2021

1.26

1.3%

CFA, Ph.D., Senior Portfolio Manager at Vanguard. He has been with Vanguard since April 2020, has worked in investment management since 2004, has managed investment portfolios since 2004, and has co-managed a portion of the Fund since February 2021. Education: B.S., Universidad de Lima; Ph.D., University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.59 6.3 9.42