Vanguard Convertible Securities Fund Investor Shares (VCVSX)

13.52
Net Asset Value
-0.29%
1 Day
+0.60%
Year-to-Date
Overall Morningstar Rating
Convertibles
Style or Category
No Load
Sales Expenses
0.35%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide current income and long-term capital appreciation. Under normal circumstances- the fund invests at least 80% of its assets in U.S. and foreign convertible securities- which are hybrid securities that combine the investment characteristics of bonds and common stocks. Convertible securities include corporate bonds and preferred stocks that are convertible into common stock- as well as fixed income securities with warrants or common stock attached. Many convertible securities have credit ratings that are either below investment-grade or may not be rated.

Performance

1 month+0.07% 3 years+2.85%
3 months-1.06% 5 years+6.17%
1 year+8.03% Since inception+8.03%
Data through --

Peer Comparisonvs. Convertibles

 VCVSXCategory
Performance 5-yr return+6.17%+7.61%
Expense ratio0.35%1.33%
Risk 5 year sharpe ratio0.840.96
Net assets$1.1B$550.0M
Average market cap--$26.7B
Average P/E--18.7
Portfolio turnover130%130%

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Fund Management and Purchase Info

Fund familyVanguard
Fund manager & tenureAbraham Ofer / 7 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Other89.24%
Fixed income4.81%
Cash4.42%
U.S. stock1.53%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Financial service 62.05%
Utilities 37.95%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.60%
-- 1.44%
CCIPRA Crown Castle International Corp1.37%
-- 1.32%
-- 1.32%
-- 1.29%
-- 1.27%
-- 1.27%
ANTX Anthem Inc1.19%
-- 1.18%