Vanguard Tax-Managed Small Cap Adm

Snapshot

Compare

Profile

Performance

VTMSX - Snapshot

Vitals

YTD Return 0.2%
3 Yr Annualized Return 0.3%
5 Yr Annualized Return 6.4%
Net Assets $5.8 B
Holdings in Top 10 5.6%

52 WEEK LOW AND HIGH

$68.10

$39.88

$69.17

Expenses

OPERATING RELATED FEES

Expense Ratio 0.09%

SALES FEES

Front Load N/A
Deferred Load N/A

BROKERAGE FEES

Turnover 53.00%

TRADING FEES

Max Redemption Fee N/A

Min Investment

Standard (Taxable) $10,000
IRA N/A

Fund Classification

Primary Theme
U.S. Small-Cap Blend Equity
Fund Type Open End Mutual Fund
Investment Style Small Blend

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Small Cap Index Fund

VB | ETF

$179.04

-0.02%

$91.06 B

0.94%

$1.68

8.09%

0.05%

Vanguard Small Cap Index Fund

Fund

$85.74

-0.01%

$91.06 B

$0.00

8.05%

0.17%

iShares Core S&P Small-Cap ETF

IJR | ETF

$83.88

-0.11%

$41.70 B

1.41%

$1.19

0.04%

0.07%

iShares Russell 2000 ETF

IWM | ETF

$177.50

+0.11%

$40.71 B

1.16%

$2.05

7.14%

0.19%

DFA U.S. Small Cap Portfolio

Fund

$35.31

-0.20%

$13.21 B

0.91%

$0.32

0.80%

0.37%

VTMSX - Profile

Distributions

YTD Total Return 0.2%
3 Yr Annualized Total Return 0.3%
5 Yr Annualized Total Return 6.4%
Capital Gain Distribution Frequency Annually
Net Income Ratio 1.23%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Quarterly

Fund Details

Legal Name

Vanguard Tax Managed Small Cap Fund
Fund Family Name

Vanguard
Inception Date

Mar 25, 1999
Shares Outstanding

N/A
Share Class

Inst
Currency

USD
Domiciled Country

United States
Manager

William Coleman

Fund Description

The fund purchases stocks included in the S& P SmallCap 600 Index—an index that is made up of stocks of smaller U.S. companies-in approximately the same proportions as in the index. To improve tax efficiency, it may limit investments in index securities that have undesirable tax characteristics, and may continue to hold securities no longer included in the index.

VTMSX - Performance

Return Ranking - Trailing

Period	VTMSX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	0.2%	-56.2%	102.3%	57.74%
1 Yr	-7.6%	-62.6%	18.9%	60.24%
3 Yr	0.3%*	-24.8%	9.5%	39.70%
5 Yr	6.4%*	-10.7%	12.3%	31.31%
10 Yr	10.4%*	-0.7%	12.2%	10.10%

* Annualized

Return Ranking - Calendar

Period	VTMSX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	21.8%	-54.6%	48.3%	38.41%
2018	-9.6%	-67.3%	0.0%	2.52%
2017	11.7%	-62.9%	36.3%	13.04%
2016	24.3%	-3.5%	34.1%	9.02%
2015	-3.1%	-36.2%	0.4%	5.69%

Total Return Ranking - Trailing

Period	VTMSX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	0.2%	-56.2%	102.3%	57.74%
1 Yr	-7.6%	-64.4%	18.9%	55.69%
3 Yr	0.3%*	-25.6%	9.5%	37.35%
5 Yr	6.4%*	-11.1%	12.3%	29.12%
10 Yr	10.4%*	-0.7%	12.2%	9.33%

* Annualized

Total Return Ranking - Calendar

Period	VTMSX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	21.8%	-54.6%	48.3%	38.41%
2018	-9.6%	-67.1%	0.0%	9.46%
2017	11.7%	-17.6%	52.6%	45.11%
2016	24.3%	-3.5%	34.1%	17.45%
2015	-3.1%	-36.2%	5.3%	20.35%

NAV & Total Return History

VTMSX - Holdings

Concentration Analysis

	VTMSX	Category Low	Category High	VTMSX % Rank
Net Assets	5.8 B	150 K	91.1 B	3.44%
Number of Holdings	605	1	2525	18.82%
Net Assets in Top 10	321 M	47.5 K	3.41 B	8.62%
Weighting of Top 10	5.55%	2.6%	100.0%	89.90%

Top 10 Holdings

Momenta Pharmaceuticals Inc 0.91%
Wingstop Inc 0.72%
Meritage Homes Corp 0.67%
NeoGenomics Inc 0.63%
Neogen Corp 0.60%
Fox Factory Holding Corp 0.60%
Saia Inc 0.58%
Simpson Manufacturing Co Inc 0.58%
Kinsale Capital Group Inc 0.58%
Proto Labs Inc 0.57%

Asset Allocation

	Weighting	Return Low	Return High	VTMSX % Rank
Stocks	99.97%	0.38%	103.77%	8.91%
Cash	0.02%	-107.25%	51.09%	87.50%
Bonds	0.01%	0.00%	63.85%	7.33%
Preferred Stocks	0.00%	0.00%	9.83%	48.13%
Other	0.00%	-0.49%	61.23%	47.56%
Convertible Bonds	0.00%	0.00%	8.73%	44.68%

Stock Sector Breakdown

	Weighting	Return Low	Return High	VTMSX % Rank
Industrials	17.58%	3.43%	45.50%	54.93%
Financial Services	16.08%	0.00%	39.58%	35.51%
Technology	15.01%	0.00%	43.25%	48.70%
Consumer Cyclical	13.87%	1.14%	34.13%	27.83%
Healthcare	11.66%	0.00%	53.90%	67.68%
Real Estate	8.73%	0.00%	26.04%	18.99%
Basic Materials	6.10%	0.00%	18.52%	19.86%
Consumer Defense	3.67%	0.00%	15.18%	71.88%
Energy	2.83%	0.00%	21.41%	15.94%
Communication Services	2.75%	0.00%	21.56%	35.80%
Utilities	1.72%	0.00%	22.99%	65.36%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	VTMSX % Rank
US	98.57%	0.38%	102.17%	23.13%
Non US	1.40%	0.00%	31.89%	42.67%

Bond Sector Breakdown

	Weighting	Return Low	Return High	VTMSX % Rank
Cash & Equivalents	70.34%	0.00%	100.00%	93.94%
Government	29.66%	0.00%	100.00%	3.61%
Derivative	0.00%	0.00%	100.00%	44.30%
Securitized	0.00%	0.00%	14.73%	44.44%
Corporate	0.00%	0.00%	100.00%	52.24%
Municipal	0.00%	0.00%	0.23%	44.16%

Bond Geographic Breakdown

	Weighting	Return Low	Return High	VTMSX % Rank
US	0.01%	0.00%	63.85%	7.33%
Non US	0.00%	0.00%	17.33%	44.40%

VTMSX - Expenses

Operational Fees

	VTMSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	0.09%	0.01%	11.80%	97.10%
Management Fee	0.08%	0.00%	2.18%	4.60%
12b-1 Fee	N/A	0.00%	1.00%	N/A
Administrative Fee	N/A	0.01%	0.47%	N/A

Sales Fees

	VTMSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	N/A	2.50%	5.75%	N/A
Deferred Load	N/A	1.00%	5.00%	N/A

Trading Fees

	VTMSX 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.

	VTMSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Turnover	53.00%	0.02%	454.00%	58.70%

VTMSX - Distributions

Dividend Yield Analysis

	VTMSX	Category Low	Category High	VTMSX % Rank
Dividend Yield	0.00%	0.00%	40.47%	49.71%

Dividend Distribution Analysis

	VTMSX	Category Low	Category High	Category Mod
Dividend Distribution Frequency	Quarterly	Annually	Semi-Annually	Semi-Annually

Net Income Ratio Analysis

	VTMSX	Category Low	Category High	VTMSX % Rank
Net Income Ratio	1.23%	-2.00%	2.80%	12.93%

Capital Gain Distribution Analysis

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

Dividend Payout History

Date	Amount
Mar 28, 2019	$0.166
Dec 19, 2018	$0.247
Sep 24, 2018	$0.208
Jun 18, 2018	$0.138
Mar 16, 2018	$0.109
Dec 26, 2017	$0.249
Sep 22, 2017	$0.149
Jun 23, 2017	$0.125
Mar 29, 2017	$0.159
Dec 27, 2016	$0.204
Sep 19, 2016	$0.123
Jun 17, 2016	$0.107
Mar 17, 2016	$0.122
Dec 28, 2015	$0.181
Sep 23, 2015	$0.370
Mar 27, 2015	$0.009
Dec 22, 2014	$0.455
Dec 27, 2013	$0.393
Mar 20, 2013	$0.009
Dec 27, 2012	$0.462
Mar 22, 2012	$0.002
Dec 30, 2011	$0.242
Mar 23, 2011	$0.002
Dec 29, 2010	$0.232
Mar 23, 2010	$0.003
Dec 31, 2009	$0.148
Mar 23, 2009	$0.004
Dec 29, 2008	$0.267
Mar 12, 2008	$0.005
Dec 28, 2007	$0.228
Mar 22, 2007	$0.004
Dec 29, 2006	$0.191
Mar 27, 2006	$0.003
Dec 29, 2005	$0.197
Jan 03, 2005	$0.173
Jan 02, 2004	$0.109
Jan 02, 2003	$0.095
Jan 02, 2002	$0.085

View More +

VTMSX - Fund Manager Analysis

Managers

William Coleman

Start Date

Tenure

Tenure Rank

Apr 08, 2016

4.57

4.6%

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

4.57

4.6%

Donald M. Butler, CFA, Principal of Vanguard. He has been with Vanguard since 1992; has managed investment portfolios since 1997; and has co-managed the Tax-Managed Capital Appreciation Fund, Tax-Managed Small-Cap Fund, and the stock portion of the Tax-Managed Balanced Fund since 2016. Education: B.S.B.A., Shippensburg University.

Tenure Analysis

Category Low	Category High	Category Average	Category Mode
0.01	48.03	6.4	1.0

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Vanguard Tax-Managed Small Cap Adm

VTMSX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

VTMSX - Profile

Distributions

Fund Details

Fund Description

VTMSX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

VTMSX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

Bond Sector Breakdown

Bond Geographic Breakdown

VTMSX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

VTMSX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

VTMSX - Fund Manager Analysis

Managers

William Coleman

Donald Butler

Tenure Analysis

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