Vanguard Morgan™ Growth Inv
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
64.3%
1 yr return
11.9%
3 Yr Avg Return
16.4%
5 Yr Avg Return
12.7%
Net Assets
$14.8 B
Holdings in Top 10
33.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$3,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VMRGX - Profile
Distributions
- YTD Total Return 64.3%
- 3 Yr Annualized Total Return 16.4%
- 5 Yr Annualized Total Return 12.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.66%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameVanguard Morgan™ Growth Fund
-
Fund Family NameVanguard
-
Inception DateDec 31, 1968
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames P. Stetler
Fund Description
VMRGX - Performance
Return Ranking - Trailing
Period | VMRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 64.3% | -68.1% | 132.5% | 0.39% |
1 Yr | 11.9% | -67.5% | 138.0% | 0.31% |
3 Yr | 16.4%* | -47.7% | 28.5% | 11.84% |
5 Yr | 12.7%* | -38.8% | 16.8% | 18.95% |
10 Yr | 16.7%* | -18.3% | 16.8% | 35.41% |
* Annualized
Return Ranking - Calendar
Period | VMRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.2% | -65.5% | 13.4% | 40.29% |
2022 | 20.1% | -46.3% | 37.5% | 44.27% |
2021 | -2.2% | -43.3% | 15.3% | 61.43% |
2020 | -1.7% | -38.0% | 11.4% | 37.89% |
2019 | -1.1% | -52.4% | 105.4% | 65.33% |
Total Return Ranking - Trailing
Period | VMRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 64.3% | -68.1% | 132.5% | 0.39% |
1 Yr | 11.9% | -67.5% | 138.0% | 0.31% |
3 Yr | 16.4%* | -47.7% | 40.2% | 16.59% |
5 Yr | 12.7%* | -38.8% | 23.0% | 30.53% |
10 Yr | 16.7%* | -18.3% | 18.8% | 62.06% |
* Annualized
Total Return Ranking - Calendar
Period | VMRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.2% | -65.5% | 16.5% | 61.91% |
2022 | 20.1% | -28.2% | 51.5% | 76.12% |
2021 | -2.2% | -43.3% | 17.1% | 79.52% |
2020 | -1.7% | -38.0% | 17.3% | 69.49% |
2019 | -1.1% | -52.4% | 120.7% | 86.05% |
VMRGX - Holdings
Concentration Analysis
VMRGX | Category Low | Category High | VMRGX % Rank | |
---|---|---|---|---|
Net Assets | 14.8 B | 1.25 M | 199 B | 8.46% |
Number of Holdings | 243 | 7 | 2081 | 9.53% |
Net Assets in Top 10 | 4.64 B | 429 K | 53.6 B | 10.61% |
Weighting of Top 10 | 33.82% | 11.9% | 100.0% | 79.40% |
Top 10 Holdings
- Amazon.com Inc 6.53%
- Microsoft Corp 5.11%
- Apple Inc 3.84%
- Alphabet Inc Class C 3.63%
- Mastercard Inc A 3.08%
- Netflix Inc 2.61%
- Facebook Inc A 2.35%
- Visa Inc Class A 2.33%
- Salesforce.com Inc 2.19%
- Tesla Inc 2.14%
Asset Allocation
Weighting | Return Low | Return High | VMRGX % Rank | |
---|---|---|---|---|
Stocks | 96.57% | 80.50% | 105.55% | 81.86% |
Cash | 3.32% | -5.55% | 16.25% | 16.45% |
Bonds | 0.12% | -0.51% | 3.92% | 3.07% |
Preferred Stocks | 0.00% | 0.00% | 2.51% | 49.50% |
Other | 0.00% | -0.49% | 3.79% | 51.81% |
Convertible Bonds | 0.00% | 0.00% | 0.02% | 42.58% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VMRGX % Rank | |
---|---|---|---|---|
Technology | 35.17% | 6.90% | 58.59% | 22.06% |
Consumer Cyclical | 21.03% | 0.00% | 49.54% | 7.84% |
Healthcare | 13.11% | 0.00% | 46.23% | 58.49% |
Financial Services | 12.38% | 0.00% | 32.66% | 48.73% |
Industrials | 7.55% | 0.00% | 24.88% | 65.72% |
Consumer Defense | 4.27% | 0.00% | 18.34% | 55.50% |
Real Estate | 0.94% | 0.00% | 12.48% | 66.26% |
Basic Materials | 0.81% | 0.00% | 10.78% | 68.79% |
Communication Services | 0.51% | 0.00% | 27.25% | 78.94% |
Energy | 0.36% | -0.02% | 7.24% | 47.12% |
Utilities | 0.05% | -0.01% | 9.70% | 30.21% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VMRGX % Rank | |
---|---|---|---|---|
US | 90.85% | 80.50% | 100.51% | 67.72% |
Non US | 5.72% | 0.00% | 17.37% | 37.43% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VMRGX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 3.32% | -2.43% | 47.35% | 16.94% |
Government | 0.12% | 0.00% | 3.92% | 1.01% |
Derivative | 0.00% | -0.06% | 0.21% | 45.30% |
Securitized | 0.00% | 0.00% | 0.69% | 43.20% |
Corporate | 0.00% | 0.00% | 8.26% | 51.20% |
Municipal | 0.00% | 0.00% | 0.29% | 43.12% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VMRGX % Rank | |
---|---|---|---|---|
US | 0.12% | -0.51% | 3.92% | 3.00% |
Non US | 0.00% | 0.00% | 0.36% | 43.04% |
VMRGX - Expenses
Operational Fees
VMRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.37% | 0.00% | 165.48% | 96.95% |
Management Fee | 0.36% | 0.00% | 1.40% | 8.92% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
VMRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 25.00% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
VMRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 5.00% | 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.
VMRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 0.00% | 807.00% | 59.84% |
VMRGX - Distributions
Dividend Yield Analysis
VMRGX | Category Low | Category High | VMRGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 16.55% | 50.35% |
Dividend Distribution Analysis
VMRGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
VMRGX | Category Low | Category High | VMRGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.66% | -7.55% | 1.83% | 15.09% |
Capital Gain Distribution Analysis
VMRGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2018 | $0.196 | |
Dec 19, 2017 | $0.263 | |
Dec 27, 2016 | $0.208 | |
Dec 28, 2015 | $0.175 | |
Dec 18, 2014 | $0.191 | |
Dec 18, 2013 | $0.172 | |
Dec 27, 2012 | $0.205 | |
Dec 28, 2011 | $0.100 | |
Dec 29, 2010 | $0.096 | |
Dec 29, 2009 | $0.110 | |
Dec 29, 2008 | $0.140 | |
Dec 19, 2005 | $0.095 | |
Dec 20, 2004 | $0.105 | |
Dec 15, 2003 | $0.040 | |
Dec 16, 2002 | $0.040 | |
Dec 24, 2001 | $0.075 | |
Jan 02, 2001 | $0.150 | |
Jan 03, 2000 | $0.150 | |
Mar 30, 1999 | $0.599 | |
Jan 04, 1999 | $0.170 | |
Mar 31, 1998 | $0.010 | |
Jan 02, 1998 | $0.150 | |
Mar 31, 1997 | $0.010 | |
Jan 02, 1997 | $0.140 | |
Jan 02, 1996 | $0.150 |
VMRGX - Fund Manager Analysis
Managers
James P. Stetler
Start Date
Tenure
Tenure Rank
Dec 31, 2003
15.26
15.3%
James P. Stetler, Principal of Vanguard. He has been with Vanguard since 1982, has worked in investment management since 1996, has managed investment portfolios since 2003, and has co-managed the Fund since 2012. Education: B.S., Susquehanna University; M.B.A., Saint Joseph’s University.
Kathleen A. McCarragher
Start Date
Tenure
Tenure Rank
Jan 08, 2007
12.23
12.2%
Kathleen A. McCarragher is a managing director, the head of growth equity, and a large cap growth equity portfolio manager. She joined Jennison Associates in May 1998. Prior to Jennison, Kathleen spent six years with Weiss, Peck & Greer, where she was a managing director and the director of large cap growth equities. In addition, Kathleen spent 10 years with State Street Research & Management, initially as a research analyst responsible for health care, transports, and financials and then as a portfolio manager and member of the investment committee. She received a BBA from the University of Wisconsin-Eau Claire, summa cum laude, and an MBA from Harvard Business School.
Blair A. Boyer
Start Date
Tenure
Tenure Rank
Jan 28, 2014
5.17
5.2%
Blair A. Boyer is a managing director and a large cap growth equity portfolio manager. He joined Jennison Associates in March 1993. Prior to joining the Growth Equity team in 2003, Blair co-managed international equity portfolios for 10 years. During his tenure as an international equity portfolio manager, he managed the Jennison International Growth Fund from its inception in March 2000. Blair managed international equity portfolios at Bleichroeder from 1989 to 1993. Prior to that, he was a research analyst and then a senior portfolio manager in the Verus Capital division at Bleichroeder beginning in 1983. He received a BA in economics from Bucknell University and an MBA in finance from New York University.
Binbin Guo
Start Date
Tenure
Tenure Rank
Jan 26, 2016
3.18
3.2%
Binbin Guo, Ph.D., Principal of The Vanguard Group, Inc. and head of the Alpha Equity Investment team within Vanguard’s Quantitative Equity Group. He oversees the active quantitative equity funds and separately managed equity accounts. He has been with Vanguard since 2007. Education: B.S. and M.S., Tsinghua University, China; Ph.D. and M.Phil., Yale University.
Andrew J. Shilling
Start Date
Tenure
Tenure Rank
Dec 17, 2018
0.28
0.3%
Andrew J. Shilling, CFA, Senior Vice President and Equity Portfolio Manager of Wellington Management. He has worked in investment management for Wellington Management since 1994, has managed investment portfolios since 2000, and has managed a portion of the Fund since 2010. Education: B.A., Amherst College; M.B.A., Tuck School of Business, Dartmouth College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 51.95 | 7.96 | 0.42 |