Vanguard Tax-Managed Capital Appreciation offers diversified, low-turnover exposure to the largest U.S. stock market in a tax-efficient portfolio. Paired with a competitive expense ratio, the strategy has a durable performance edge over its Morningstar Category peers, earning both share classes Morningstar Analyst Ratings of Gold.
Will VTCIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTCIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VTCIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VTCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.