VEXRX: Vanguard Explorer Adm

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VEXRX Vanguard Explorer Adm


Profile

VEXRX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $17 B
  • Holdings in Top 10 9.3%

52 WEEK LOW AND HIGH

$99.60
$60.92
$106.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.34%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $50,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.44%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Vanguard Explorer Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Nov 12, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Stetler

Fund Description

The fund invests mainly in the stocks of small and mid-size companies. These companies tend to be unseasoned but are considered by the fund's advisors to have superior growth potential. Also, these companies often provide little or no dividend income. It uses multiple investment advisors.


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Fund Company Quick Screens

Performance

VEXRX - Performance

Return Ranking - Trailing

Period VEXRX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -36.4% 253.6% 56.28%
1 Yr 6.3% -44.5% 211.3% 58.43%
3 Yr 2.7%* -53.2% 31.2% 40.79%
5 Yr 3.7%* -37.9% 19.0% 42.80%
10 Yr 5.4%* -17.7% 14.3% 46.20%

* Annualized

Return Ranking - Calendar

Period VEXRX Return Category Return Low Category Return High Rank in Category (%)
2019 25.0% -49.8% 42.9% 30.43%
2018 -12.0% -54.2% 13.6% 20.42%
2017 10.0% -73.6% 36.1% 69.27%
2016 7.5% -49.0% 133.1% 47.57%
2015 -13.5% -70.7% 8.6% 67.39%

Total Return Ranking - Trailing

Period VEXRX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -36.4% 253.6% 56.28%
1 Yr 6.3% -44.5% 211.3% 58.27%
3 Yr 2.7%* -23.2% 34.5% 54.38%
5 Yr 3.7%* -17.1% 24.1% 67.08%
10 Yr 5.4%* -8.4% 24.7% 81.16%

* Annualized

Total Return Ranking - Calendar

Period VEXRX Return Category Return Low Category Return High Rank in Category (%)
2019 25.0% -49.8% 42.9% 30.43%
2018 -12.0% -54.2% 14.5% 41.18%
2017 10.0% -8.4% 42.0% 88.36%
2016 7.5% -16.4% 133.1% 65.38%
2015 -13.5% -59.6% 19.3% 84.88%

NAV & Total Return History


Holdings

VEXRX - Holdings

Concentration Analysis

VEXRX Category Low Category High VEXRX % Rank
Net Assets 17 B 5.05 M 27.9 B 0.80%
Number of Holdings 678 30 2017 4.63%
Net Assets in Top 10 1.5 B 753 K 2.93 B 3.99%
Weighting of Top 10 9.32% 5.5% 68.5% 96.81%

Top 10 Holdings

  1. DocuSign Inc 1.14%
  2. Trinet Group Inc 1.00%
  3. Icon PLC 1.00%
  4. Five9 Inc 0.99%
  5. Etsy Inc 0.92%
  6. Insulet Corp 0.89%
  7. Wix.com Ltd 0.86%
  8. Burlington Stores Inc 0.84%
  9. SVMK Inc 0.84%
  10. Trex Co Inc 0.84%

Asset Allocation

Weighting Return Low Return High VEXRX % Rank
Stocks
96.03% 84.02% 100.51% 81.50%
Cash
3.96% -4.85% 14.30% 18.02%
Bonds
0.01% 0.00% 3.66% 1.12%
Preferred Stocks
0.00% 0.00% 4.09% 54.86%
Other
0.00% -11.65% 4.75% 58.21%
Convertible Bonds
0.00% 0.00% 0.16% 49.12%

Stock Sector Breakdown

Weighting Return Low Return High VEXRX % Rank
Technology
26.25% 2.71% 81.98% 42.58%
Healthcare
25.32% 0.08% 52.56% 70.33%
Industrials
17.92% 0.00% 33.14% 26.95%
Consumer Cyclical
13.08% 0.00% 32.01% 23.13%
Financial Services
5.66% 0.00% 22.83% 52.47%
Consumer Defense
3.81% 0.00% 18.15% 63.80%
Real Estate
3.29% 0.00% 10.86% 30.46%
Communication Services
2.95% 0.00% 10.38% 28.55%
Basic Materials
0.98% 0.00% 11.33% 67.78%
Energy
0.59% 0.00% 5.19% 32.06%
Utilities
0.16% 0.00% 5.90% 28.39%

Stock Geographic Breakdown

Weighting Return Low Return High VEXRX % Rank
US
91.14% 80.02% 100.51% 79.43%
Non US
4.89% 0.00% 12.15% 24.40%

Bond Sector Breakdown

Weighting Return Low Return High VEXRX % Rank
Cash & Equivalents
99.74% 0.86% 100.00% 84.59%
Government
0.26% 0.00% 38.08% 0.98%
Derivative
0.00% 0.00% 6.95% 49.51%
Securitized
0.00% 0.00% 13.34% 49.51%
Corporate
0.00% 0.00% 91.85% 56.39%
Municipal
0.00% 0.00% 0.18% 49.51%

Bond Geographic Breakdown

Weighting Return Low Return High VEXRX % Rank
US
0.01% 0.00% 2.66% 1.12%
Non US
0.00% 0.00% 1.00% 49.12%

Expenses

VEXRX - Expenses

Operational Fees

VEXRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.34% 0.05% 36.03% 99.18%
Management Fee 0.33% 0.05% 1.50% 1.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

VEXRX 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

VEXRX 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.

VEXRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 9.00% 474.00% 34.20%

Distributions

VEXRX - Distributions

Dividend Yield Analysis

VEXRX Category Low Category High VEXRX % Rank
Dividend Yield 0.00% 0.00% 27.41% 50.72%

Dividend Distribution Analysis

VEXRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

VEXRX Category Low Category High VEXRX % Rank
Net Income Ratio 0.44% -2.35% 1.11% 4.06%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

VEXRX - Fund Manager Analysis

Managers

James Stetler


Start Date

Tenure

Tenure Rank

Feb 17, 2012

8.54

8.5%

James P. Stetler, Principal of Vanguard. He has been with Vanguard since 1982, has worked in investment management since 1996, has managed investment portfolios since 2003, and has co-managed the Fund since 2012. Education: B.S., Susquehanna University; M.B.A., Saint Joseph’s University.

Ryan Crane


Start Date

Tenure

Tenure Rank

Aug 12, 2013

7.06

7.1%

Ryan Crane is the Chief Investment Officer of Stephens Investment Management Group ("SIMG"). He also serves as the Lead Portfolio Manager for SIMG's Small Cap Growth, Mid Cap Growth, Small-Mid Cap Core Growth and Small-Mid Cap Select Growth Strategies as well as two sub-advised mutual funds, the American Beacon Stephens Small Cap Growth Fund and the American Beacon Stephens Mid-Cap Growth Fund. Prior to joining SIMG in 2004, Ryan had been at AIM Capital Management since 1994, where he was a Senior Portfolio Manager for the AIM Small Cap Growth Fund and the team leader for the small/mid-cap gro

Daniel Fitzpatrick


Start Date

Tenure

Tenure Rank

Feb 24, 2014

6.52

6.5%

Daniel J. Fitzpatrick, CFA, Senior Managing Director and Equity Portfolio Manager at Wellington Management Company LLP. He has worked in investment management since 1997, has been with Wellington Management since 1998. Education: B.S., Boston College.

Chad Meade


Start Date

Tenure

Tenure Rank

Jun 16, 2014

6.21

6.2%

Mr. Meade, Portfolio Manager, joined Arrowpoint Asset Management, LLC in May 2013. Mr. Prior to joining Arrowpoint, Mr. Meade served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President AT Janus Capital (2001-2013). Prior to joining Janus Capital, he was a financial analyst for Goldman Sachs’ global investment research team. Chad graduated summa cum laude from Virginia Tech with a bachelor’s degree in Finance and was a member of the Omicron Delta Kappa Honor Society.

Brian Schaub


Start Date

Tenure

Tenure Rank

Jun 16, 2014

6.21

6.2%

Mr. Schaub, Portfolio Manager, joined Arrowpoint in May 2013. Prior to joining Arrowpoint, Mr. Schaub served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President at Janus Capital (2000-2013). Brian graduated cum laude from Williams College with a bachelor’s degree in Economics and won the Arthur B. Graves, Class of 1858, Essay Prize in Economics for his work on Dell Computer. He holds the Chartered Financial Analyst designation.

Binbin Guo


Start Date

Tenure

Tenure Rank

Feb 25, 2016

4.52

4.5%

Binbin Guo, Ph.D., Principal of Vanguard and head of the Alpha Equity Investment team within Vanguard’s Quantitative Equity Group. He oversees the active quantitative equity funds and separately managed equity accounts. He has been with Vanguard since 2007 and has co-managed a portion of the Fund since 2016. Education: B.S. and M.S., Tsinghua University, China; Ph.D. and M.Phil., Yale University.

Aram Green


Start Date

Tenure

Tenure Rank

Mar 20, 2017

3.45

3.5%

Aram co-manages the Small Cap Growth, Mid Cap Growth and SMID Cap Growth products, and manages the Select strategy. He has 19 years of investment industry experience and began his career in asset management as an equity analyst at Hygrove Partners, LLC. Aram joined ClearBridge Investments as a research analyst in the Information Technology sector in 2006 before being named a portfolio manager. He is a member of the ClearBridge Management Committee. Prior to joining Hygrove, Aram was co-founder and executive vice president of iCollege, an infrastructure software company catering to the educational market place. In 2001, iCollege was acquired by BlackBoard Inc. Aram earned a BA in Economics from Union College. Aram serves as a board member for several non-profit organizations.

Jeffrey Russell


Start Date

Tenure

Tenure Rank

Mar 20, 2017

3.45

3.5%

Jeff co-manages the Small Cap Growth, Mid Cap Growth and SMID Cap Growth products. He has 39 years of investment industry experience and joined the organization in 1990. Jeff began his career at Drexel Burnham Lambert as a media analyst and later became a global portfolio manager. He is a member of the ClearBridge Investments Management Committee. Jeff has extensive experience analyzing and investing in both international and domestic companies of all market capitalizations. Jeff earned a BS in Civil Engineering from the Massachusetts Institute of Technology and an MBA from the Wharton School at the University of Pennsylvania. He is a member of the CFA Institute and of the New York Society of Security Analysts. He serves as a board member for several non-profit organizations and enjoys playing squash

Brian Angerame


Start Date

Tenure

Tenure Rank

Mar 20, 2017

3.45

3.5%

Brian co-manages the Mid Cap, Mid Cap Growth and SMID Cap Growth products. He joined a predecessor organization in 2000 as an equity research analyst responsible for the consumer discretionary and consumer staples sectors, and has 26 years of investment industry experience. Previously, Brian was an analyst and assistant portfolio manager of the Prudential Real Estate Securities Fund at Prudential Investment Management. He earned his BA in Government from Dartmouth College and is a member of the New York Society of Security Analysts.

Matthew Lilling


Start Date

Tenure

Tenure Rank

Jul 01, 2020

0.17

0.2%

Mr. Lilling is a Director and a Portfolio Manager at ClearBridge. He joined ClearBridge in 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 29.09 8.31 3.5