Vanguard Convertible Securities Fund Investor Shares (VCVSX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
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.


1 month-1.46% 3 years+3.75%
3 months+0.73% 5 years+5.83%
1 year+6.49% Since inception+8.13%
Data through --

Peer Comparisonvs. Convertibles

Performance 5-yr return+5.83%+8.58%
Expense ratio0.34%1.34%
Risk 5 year sharpe ratio0.971.06
Net assets$1.3B$565.6M
Average market cap--$25.9B
Average P/E--21.2
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--


Fixed income4.81%
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%