Vanguard Primecap Core Fund Performance Review

The Vanguard Primecap Core Fund is a solid choice for investors seeking long-term growth. It's a no-load fund that's been around since 2013.

The fund's investment strategy is focused on the US stock market, with a core holding of approximately 100-150 stocks. This diversification approach helps minimize risk.

One of the key strengths of the fund is its ability to adapt to changing market conditions. The portfolio managers use a combination of fundamental and quantitative analysis to select stocks.

The fund's performance has been impressive, with an average annual return of 14.5% since its inception in 2013.

The Vanguard PRIMECAP Core Fund is a solid investment option. It was established on December 9, 2004.

The fund is part of the Vanguard family, a well-respected and experienced investment company. Vanguard is known for its low-cost index funds and ETFs.

The fund's legal name is Vanguard PRIMECAP Core Fund. This name gives you a clear understanding of what to expect from the fund.

Here are some key details about the fund:

The fund is denominated in US dollars, which is convenient for US-based investors. The fund is also domiciled in the United States, which provides an added layer of security and stability.

The Vanguard Primecap Core Fund has shown steady growth over the years, with a return of 11.1% over the past five years, which is a respectable performance considering the fluctuations in the market.

The fund has consistently ranked within the top 50% of its category, with a rank of 48.57% over the past 10 years. This indicates that the fund has performed relatively well compared to its peers.

In terms of annualized returns, the Vanguard Primecap Core Fund has delivered 5.99% over the past 10 years, which is lower than the S&P 500's 11.26% annualized return. This suggests that the fund has not kept pace with the broader market.

Here's a breakdown of the fund's returns over the past 10 years:

The fund's performance has varied over the years, with a high return of 24.4% in 2021 and a low return of -12.4% in 2022.

The Vanguard PRIMECAP Core Fund has a current volatility of 9.20%, which represents the average percentage change in its value over the past month.

This volatility can be visualized through the Volatility Chart, which shows the rolling one-month volatility of the fund.

Understanding the fund's volatility is crucial in managing risk, as it can help investors anticipate potential gains or losses in the fund's value.

Net Income Ratio is a key metric that helps us understand a fund's financial health. The Net Income Ratio for VPCCX is 0.76%.

This ratio is significantly lower than the Category Low of -54.00%, indicating that VPCCX is performing better than its peers in this regard. On the other hand, it's still below the Category High of 2.44%.

To put this into perspective, VPCCX's Net Income Ratio ranks 46.86% among its category, suggesting that it's not the best performer in this area. However, it's essential to consider this metric in conjunction with other factors to get a comprehensive view of the fund's risk and volatility.

Risk-Adjusted Performance Indicators are essential in evaluating an investment's returns against its associated risks. The Vanguard PRIMECAP Core Fund has a Sharpe ratio of 0.49, which is a measure of its risk-adjusted returns.

This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends. The Sharpe ratio provides insights into the investment's historical performance.

Charts are available to compare the Sharpe ratio of Vanguard PRIMECAP Core Fund with a selected benchmark, offering a visual representation of the investment's risk-adjusted returns. These charts evaluate the investment's returns against its associated risks.

Volatility can be a scary concept, but understanding it can actually help you make more informed investment decisions. The current Vanguard PRIMECAP Core Fund volatility is 9.20%, representing the average percentage change in the investment's value, either up or down over the past month.

This means that the fund's value has fluctuated by approximately 9.20% in either direction over the past month. The chart below shows the rolling one-month volatility, giving you a clear picture of the fund's performance.

The dividend yield of Vanguard PRIMECAP Core Fund is 1.06%, which ranks 16.81% within its category.

The fund's dividend yield has fluctuated over the years, ranging from 0.00% to 1.25% between 2014 and 2023.

Here's a breakdown of the fund's dividend yield for each year:

The fund's dividend yield has been steadily increasing over the years, with a few exceptions.

Vanguard Primecap Core has a lower expense ratio compared to other actively managed funds, with an expense ratio of 0.32%.

Its investment approach focuses on a concentrated portfolio of 50-60 holdings, with a long-term perspective that aims to outperform the market.

The fund's management team, led by Robert Turner, has a strong track record of delivering consistent returns over the past 10 years.

Primecap Core's returns have been driven by its focus on high-quality, growth-oriented companies with strong competitive advantages.

The fund's performance has been particularly strong in the technology sector, where it has invested in companies like Amazon and Microsoft.

However, the fund's performance has been more mixed in the consumer staples sector, where it has invested in companies like Procter & Gamble and Coca-Cola.

Despite this, Primecap Core has consistently outperformed its benchmark, the S&P 500, over the past 10 years.

Its investment approach has been successful in identifying companies with strong growth potential and competitive advantages.

However, the fund's concentrated portfolio means that it may be more volatile than other funds, and investors should be prepared for this.

The Vanguard Primecap Core Fund has a performance chart that shows its growth compared to the S&P 500 index.

The chart reveals that the fund's initial investment of $10,000 experienced a decline of -7.57%.

Vanguard Primecap Core Fund has reopened to all investors without restriction, effective immediately.

The fund, which was closed since 2009, is now available for new accounts and additional purchases, with no limit on investment amounts.

PRIMECAP Management has a long, proven track record of delivering value to shareholders, with the fund outperforming its benchmark by 2% per year since its inception nearly 40 years ago.

The fund invests in stocks with both value and growth characteristics, and has a low portfolio turnover of typically between 5% and 15% annually.

Each of the five portfolio managers on the fund has full autonomy to implement their best investment ideas, and expects to hold portfolio companies for at least three to five years.

The fund requires a minimum initial investment of $3,000 for investor-class shares, and has an expense ratio of 0.46%.

In the past year, the fund has returned 25.4%, beating the 14.7% return of the S&P 500 over the same period.

The fund has also gained 14.7% annualized over the past 15 years, compared with 14.8% for the S&P 500.

Vanguard Primecap Core has a seasoned management team that's been reaffirmed through a qualitative review.

The fund's Process and People ratings have been reaffirmed, indicating a strong foundation for its investment approach.

Its high-conviction multimanager system is a standout feature, allowing for diverse perspectives and expertise.

The analysis of Vanguard Primecap Core was conducted on July 7, 2023, providing a snapshot of the fund's performance and strategy at that time.

Its multimanager system is a key aspect of the fund's success, enabling the team to make informed investment decisions.

This system has been in place for some time, allowing the management team to refine and improve their approach over the years.