Vanguard PRIMECAP Inv
- VPMCX
- Price as of: Feb 26, 2021
-
$159.95
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- Vanguard
- Share Class
VPMCX - Snapshot
Vitals
- YTD Return 7.4%
- 3 Yr Annualized Return 12.0%
- 5 Yr Annualized Return 18.1%
- Net Assets $69.9 B
- Holdings in Top 10 34.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.38%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 6.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $3,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
VPMCX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 12.0%
- 5 Yr Annualized Total Return 18.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameVanguard PrimeCap Fund
-
Fund Family NameVanguard
-
Inception DateNov 01, 1984
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTheo Kolokotrones
Fund Description
The fund invests in stocks considered to have above-average earnings growth potential that is not reflected in their current market prices. Its portfolio consists predominantly of large- and mid-capitalization stocks.
VPMCX - Performance
Return Ranking - Trailing
Period | VPMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | -3.8% | 44.6% | 1.98% |
1 Yr | 22.1% | -9.0% | 131.7% | 79.73% |
3 Yr | 12.0%* | -1.2% | 45.9% | 86.87% |
5 Yr | 18.1%* | -2.1% | 45.4% | 69.28% |
10 Yr | 15.0%* | 6.9% | 23.9% | 51.83% |
* Annualized
Return Ranking - Calendar
Period | VPMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 6.7% | -67.0% | 145.0% | 95.97% |
2019 | 19.2% | -28.8% | 76.0% | 77.39% |
2018 | -9.4% | -64.5% | 19.1% | 38.05% |
2017 | 22.7% | -68.7% | 64.3% | 32.83% |
2016 | 5.4% | -56.6% | 15.3% | 16.62% |
Total Return Ranking - Trailing
Period | VPMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | -3.8% | 44.6% | 1.98% |
1 Yr | 22.1% | -9.0% | 131.7% | 75.92% |
3 Yr | 12.0%* | -3.1% | 45.9% | 85.44% |
5 Yr | 18.1%* | -3.3% | 45.4% | 66.58% |
10 Yr | 15.0%* | 6.9% | 23.9% | 48.45% |
* Annualized
Total Return Ranking - Calendar
Period | VPMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 6.7% | -67.0% | 145.0% | 95.97% |
2019 | 19.2% | -28.8% | 76.0% | 77.55% |
2018 | -9.4% | -64.5% | 29.5% | 59.14% |
2017 | 22.7% | -24.8% | 64.3% | 68.94% |
2016 | 5.4% | -56.6% | 17.1% | 28.92% |
NAV & Total Return History
VPMCX - Holdings
Concentration Analysis
VPMCX | Category Low | Category High | VPMCX % Rank | |
---|---|---|---|---|
Net Assets | 69.9 B | 10.3 K | 253 B | 3.73% |
Number of Holdings | 157 | 1 | 2486 | 14.64% |
Net Assets in Top 10 | 24.5 B | 213 K | 96.2 B | 2.94% |
Weighting of Top 10 | 34.81% | 10.4% | 100.0% | 82.02% |
Top 10 Holdings
- Eli Lilly and Co 4.92%
- Adobe Inc 4.25%
- Microsoft Corp 4.01%
- Texas Instruments Inc 3.55%
- FedEx Corp 3.30%
- Amgen Inc 3.26%
- Biogen Inc 3.18%
- Micron Technology Inc 3.05%
- Tesla Inc 2.77%
- Alibaba Group Holding Ltd ADR 2.54%
Asset Allocation
Weighting | Return Low | Return High | VPMCX % Rank | |
---|---|---|---|---|
Stocks | 98.28% | 51.91% | 142.50% | 66.94% |
Cash | 1.72% | -42.50% | 48.09% | 27.37% |
Preferred Stocks | 0.00% | 0.00% | 5.09% | 24.43% |
Other | 0.00% | -5.20% | 21.26% | 31.20% |
Convertible Bonds | 0.00% | 0.00% | 15.24% | 16.85% |
Bonds | 0.00% | -0.67% | 31.29% | 21.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VPMCX % Rank | |
---|---|---|---|---|
Technology | 30.99% | 0.00% | 88.27% | 55.92% |
Healthcare | 24.79% | 0.00% | 61.09% | 1.99% |
Industrials | 15.33% | 0.00% | 30.46% | 2.87% |
Consumer Cyclical | 11.80% | 0.00% | 38.89% | 82.27% |
Financial Services | 7.82% | 0.00% | 41.22% | 68.58% |
Communication Services | 7.09% | 0.00% | 68.14% | 91.10% |
Basic Materials | 1.08% | 0.00% | 19.40% | 54.53% |
Energy | 0.95% | 0.00% | 14.46% | 18.03% |
Utilities | 0.07% | 0.00% | 10.98% | 29.87% |
Consumer Defense | 0.05% | 0.00% | 19.50% | 89.33% |
Real Estate | 0.03% | 0.00% | 22.68% | 74.98% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VPMCX % Rank | |
---|---|---|---|---|
US | 81.36% | 11.18% | 140.12% | 93.89% |
Non US | 16.92% | 0.00% | 82.96% | 5.45% |
VPMCX - Expenses
Operational Fees
VPMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.38% | 0.01% | 23.28% | 93.86% |
Management Fee | 0.37% | 0.00% | 1.50% | 12.91% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
VPMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
VPMCX 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.
VPMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 6.00% | 0.00% | 358.00% | 2.54% |
VPMCX - Distributions
Dividend Yield Analysis
VPMCX | Category Low | Category High | VPMCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.98% | 17.83% |
Dividend Distribution Analysis
VPMCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
VPMCX | Category Low | Category High | VPMCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.31% | -56.00% | 1.99% | 1.58% |
Capital Gain Distribution Analysis
VPMCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 19, 2018 | $1.470 |
Dec 19, 2017 | $1.400 |
Dec 27, 2016 | $1.356 |
Dec 17, 2015 | $1.114 |
Dec 23, 2014 | $1.160 |
Dec 18, 2013 | $0.836 |
Dec 18, 2012 | $0.965 |
Dec 29, 2009 | $0.447 |
Dec 20, 2004 | $0.445 |
Dec 15, 2003 | $0.210 |
Dec 16, 2002 | $0.210 |
Mar 26, 2001 | $0.020 |
Jan 03, 2000 | $0.270 |
Jan 04, 1999 | $0.340 |
Mar 31, 1998 | $0.010 |
Jan 02, 1998 | $0.200 |
Jan 02, 1997 | $0.200 |
Jan 02, 1996 | $0.220 |
Mar 27, 1995 | $0.070 |
VPMCX - Fund Manager Analysis
Managers
Theo Kolokotrones
Start Date
Tenure
Tenure Rank
Jun 01, 1985
35.69
35.7%
Theo A. Kolokotrones, Chairman of PRIMECAP Management Company. He has worked in investment management since 1970, has managed assets since 1979, has been with PRIMECAP since 1983. He co-founded PRIMECAP Management Company in September 1983. He is the lead manager of Vanguard Capital Opportunity and Odyssey Aggressive Growth fund. Previously, Kolokotrones spent six years at Capital Research Company, most recently as Senior Vice President. He has held portfolio management responsibilities since 1979. From 1970 to 1977, Kolokotrones was Vice President and Senior Financial Analyst at Smith Barney, Harris Upham and Company in New York. Education: B.A., University of Chicago; M.B.A., Harvard Business School.
Joel Fried
Start Date
Tenure
Tenure Rank
Dec 31, 1988
32.11
32.1%
Joel P. Fried, President of PRIMECAP Management Company. He has worked in investment management since 1985, has been with PRIMECAP since 1986, has co-managed the Master Fund since its inception in 2002 and has managed assets since 1987. Prior to joining PRIMECAP, he spent one year as a financial analyst with Hughes Investment Management Company, a wholly-owned subsidiary of Hughes Aircraft. Mr. Fried received his undergraduate degree in Economic Systems/Science from the University of California, Los Angeles and is a graduate of UCLA Anderson School of Management.
Alfred Mordecai
Start Date
Tenure
Tenure Rank
Dec 31, 1999
21.1
21.1%
Alfred W. Mordecai, Vice Chairman of PRIMECAP Management Company. Mr. Mordecai joined PRIMECAP Management Company in August 1997. In 1996, he was an associate at McKinsey and Company. From 1990 to 1995, he worked as a nuclear engineer and program manager for the Naval Nuclear Propulsion Directorate, a joint U.S. Navy and Department of Energy organization. Mr. Mordecai graduated with a degree in Mechanical Engineering from Duke University. He has a master’s degree in Systems Engineering from Virginia Polytechnic Institute and State University and is a graduate of the Harvard Graduate School of Business Administration.
M. Ansari
Start Date
Tenure
Tenure Rank
Dec 31, 2007
13.1
13.1%
M. Mohsin Ansari, Executive Vice President of PRIMECAP Management Company. He has worked in investment management and has been with PRIMECAP since 2000, has managed assets since 2007. Mr. Ansari joined PRIMECAP Management Company in July 2000. From 1994 to 1998, he worked at Weyerhaeuser Company on various assignments ranging from managing capital projects to coordinating production at mills. In 1999, he was an Associate at Andersen Consulting. Mr. Ansari graduated from Colgate University with a bachelor’s degree in Physics and from Washington University with a bachelor’s degree in Chemical Engineering. He also has an M.B.A. from the Harvard Graduate School of Business Administration.
James Marchetti
Start Date
Tenure
Tenure Rank
Jan 27, 2015
6.02
6.0%
James Marchetti, Executive Vice President of PRIMECAP. He has worked in investment management and has been with PRIMECAP since 2005, has managed assets since 2014. In 2004, he worked as a product analyst in Fidelity's Strategic Investments group. From 1996 to 2003, he ran the software division of IntelliSense, a start-up acquired by Corning Inc. in 2001. Mr. Marchetti holds an MBA degree from MIT-Sloan and a bachelor's degree in Chemical Engineering, also from MIT, where he completed a thesis focused on recombinant protein recovery and purification techniques.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 53.12 | 7.7 | 1.08 |