Vanguard Capital Opportunity's avoidance of companies with relatively high price multiples and rapid historical earnings growth has helped it curb losses during the global equity market selloff that began near 2022’s start. For the year to date through June 9, 2022, the fund's investor share class slid 15.7%, a top-decile result within the large-growth Morningstar Category that was far better than the declines of the Russell 1000 Growth Index (down 23.8%) and its Russell Midcap Growth Index prospectus benchmark (down 26.2%).
Vanguard Capital Opportunity Adm VHCAX
NAV / 1-Day Return
161.31
/
0.19
%
Total Assets
18.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.360%
Expense Ratio
0.360%
Fee Level
Low
Longest Manager Tenure
24.40
years
Category
Large Growth
Investment Style
Large BlendMin. Initial Investment
50,000
Status
Limited
TTM Yield
0.47%
Turnover
7%
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VHCAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VHCAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VHCAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VHCAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Vanguard Capital Opportunity's Relatively Low-Growth, Low-Price-Multiple Exposure Has Helped in 2022
