VTCLX: Vanguard Tax-Managed Capital App Adm

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VTCLX Vanguard Tax-Managed Capital App Adm


Profile

VTCLX - Profile

Vitals

  • YTD Return 5.3%
  • 3 Yr Annualized Return 13.3%
  • 5 Yr Annualized Return 10.4%
  • Net Assets $11.8 B
  • Holdings in Top 10 20.4%

52 WEEK LOW AND HIGH

$174.72
$141.66
$174.72

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.09%

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) $10,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 5.3%
  • 3 Yr Annualized Total Return 13.3%
  • 5 Yr Annualized Total Return 10.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.69%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Vanguard Tax-Managed Capital Appreciation Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Nov 12, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Coleman

Fund Description

The fund purchases stocks that pay lower dividends and are included in the Russell 1000 Index-an index that is made up of the stocks of large- and mid-capitalization U.S. companies. It uses statistical methods to "sample" the index, aiming to minimize taxable dividends while approximating the other characteristics of the index. The expected result is a portfolio that will loosely track the total return performance of the index, but with lower taxable income distributions.


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Categories

Performance

VTCLX - Performance

Return Ranking - Trailing

Period VTCLX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.3% -2.9% 11.6% 17.64%
1 Yr 22.0% -73.2% 33.8% 10.91%
3 Yr 13.3%* -33.7% 55.6% 3.25%
5 Yr 10.4%* -25.2% 29.3% 2.22%
10 Yr 12.7%* -8.4% 16.0% 2.27%

* Annualized

Return Ranking - Calendar

Period VTCLX Return Category Return Low Category Return High Rank in Category (%)
2019 29.3% -72.6% 38.1% 9.08%
2018 -6.6% -67.0% 10.0% 8.01%
2017 20.4% -32.8% 302.5% 9.56%
2016 10.0% -26.1% 19.7% 17.54%
2015 -0.1% -82.5% 7.8% 8.23%

Total Return Ranking - Trailing

Period VTCLX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.3% -2.9% 11.6% 17.64%
1 Yr 22.0% -73.2% 30.8% 10.91%
3 Yr 13.3%* -33.7% 55.6% 12.55%
5 Yr 10.4%* -14.5% 29.3% 12.97%
10 Yr 12.7%* -3.9% 18.0% 15.76%

* Annualized

Total Return Ranking - Calendar

Period VTCLX Return Category Return Low Category Return High Rank in Category (%)
2019 29.3% -72.6% 38.1% 9.08%
2018 -6.6% -67.0% 10.0% 32.72%
2017 20.4% -22.1% 302.5% 41.05%
2016 10.0% -16.4% 23.8% 41.88%
2015 -0.1% -26.4% 106.5% 32.80%

NAV & Total Return History


Holdings

VTCLX - Holdings

Concentration Analysis

VTCLX Category Low Category High VTCLX % Rank
Net Assets 11.8 B 135 K 902 B 7.30%
Number of Holdings 807 1 3580 5.03%
Net Assets in Top 10 2.41 B 46.7 K 169 B 10.79%
Weighting of Top 10 20.40% 2.2% 144.5% 87.27%

Top 10 Holdings

  1. Apple Inc 4.35%
  2. Microsoft Corp 3.98%
  3. Amazon.com Inc 2.55%
  4. Facebook Inc A 1.64%
  5. Berkshire Hathaway Inc B 1.48%
  6. JPMorgan Chase & Co 1.43%
  7. Alphabet Inc A 1.33%
  8. Alphabet Inc Class C 1.33%
  9. Johnson & Johnson 1.25%
  10. Visa Inc Class A 1.07%

Asset Allocation

Weighting Return Low Return High VTCLX % Rank
Stocks
99.46% 82.05% 145.87% 28.30%
Cash
0.54% -77.63% 17.34% 67.88%
Bonds
0.01% 0.00% 77.09% 10.38%
Preferred Stocks
0.00% -17.98% 6.21% 81.02%
Other
0.00% -2.64% 22.43% 80.13%
Convertible Bonds
0.00% 0.00% 9.79% 80.62%

Stock Sector Breakdown

Weighting Return Low Return High VTCLX % Rank
Technology
20.15% 0.00% 42.83% 35.47%
Financial Services
16.33% 0.00% 49.34% 45.81%
Healthcare
14.02% 0.00% 29.41% 60.34%
Consumer Cyclical
10.29% 0.00% 35.48% 42.53%
Industrials
10.02% 0.00% 30.01% 46.80%
Communication Services
9.59% 0.00% 25.09% 47.78%
Consumer Defense
6.70% 0.00% 28.92% 68.47%
Energy
3.70% -1.47% 16.67% 67.08%
Real Estate
3.50% 0.00% 65.29% 28.74%
Utilities
3.12% 0.00% 19.47% 48.52%
Basic Materials
2.58% -0.14% 13.34% 33.33%

Stock Geographic Breakdown

Weighting Return Low Return High VTCLX % Rank
US
98.66% 80.03% 144.61% 17.76%
Non US
0.80% 0.00% 19.64% 80.21%

Bond Sector Breakdown

Weighting Return Low Return High VTCLX % Rank
Cash & Equivalents
98.83% 0.00% 100.00% 80.85%
Government
1.17% 0.00% 88.88% 7.89%
Derivative
0.00% 0.00% 30.44% 80.44%
Securitized
0.00% 0.00% 52.59% 80.36%
Corporate
0.00% 0.00% 100.00% 81.59%
Municipal
0.00% 0.00% 0.28% 80.12%

Bond Geographic Breakdown

Weighting Return Low Return High VTCLX % Rank
US
0.01% 0.00% 59.71% 8.27%
Non US
0.00% 0.00% 17.38% 81.18%

Expenses

VTCLX - Expenses

Operational Fees

VTCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.09% 0.01% 5.62% 96.81%
Management Fee 0.08% 0.00% 2.00% 7.82%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

VTCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

VTCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

VTCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 3908.00% 13.18%

Distributions

VTCLX - Distributions

Dividend Yield Analysis

VTCLX Category Low Category High VTCLX % Rank
Dividend Yield 0.36% 0.00% 15.31% 12.01%

Dividend Distribution Analysis

VTCLX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

VTCLX Category Low Category High VTCLX % Rank
Net Income Ratio 1.69% -2.85% 3.34% 20.43%

Capital Gain Distribution Analysis

VTCLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VTCLX - Fund Manager Analysis

Managers

William Coleman


Start Date

Tenure

Tenure Rank

Apr 08, 2016

3.82

3.8%

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.

Donald Butler


Start Date

Tenure

Tenure Rank

Apr 08, 2016

3.82

3.8%

Donald M. Butler, CFA, Principal of Vanguard. He has been with Vanguard since 1992; has managed investment portfolios since 1997. Education: B.S.B.A., Shippensburg University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.56 6.01 0.59