Vanguard Explorer Fund Review (VEXPX)
This Vanguard Explorer Fund review (VEXPX) is an honest look at this fund from an outsider’s perspective. This fund seeks investments in small companies with long term capital appreciation. Both fundamental and quantitative analysis is used when determining which companies should be invested in. The growth potential, along with the judgment of the fund’s manager, is the deciding factor as to who gets invested in.
There are a total number of 966 stocks in this fund’s portfolio. Because of the size of the fund and complexity of all the stocks, there are eight different fund managers. There is john Granahan since 1990, Kenneth Abrams since 1994, Edward Antoian since 1997, Ford Draper, Jr. since 2005, James Troyer since 2006, John Heffern since 2006, William Ricks since 2008, and Alexander Thorndike since 2008.
The breakdown of the largest sectors that are invested in are Information Technology with 25.80%, Health Care with 18.90%, Consumer Discretionary with 16.70%, and Industrials with 16.10%. The top ten holdings of this fund contain 6.4% of the fund’s total assets.
The volatility measures of this fund are a Beta at 0.94, an R squared at 0.99, and a standard deviation of 24.18. This fund has been rated by Morningstar with 4 stars as an average return with below average risks.
The one performance of this fund as of April 30, 2010 was 46.49%, with a 5 year return of 4.66%.
This is one of the Vanguard Funds with a very low expense ratio of only 0.54%. It also takes a minimum of $3000 to invest in the Vanguard Explorer Fund. Review (VEXPX) is positive but cautious. As with all investments, never put all of your eggs in one basket, even if it is diversified.
For more reference about investments from Vanguard on this site, please view Vanguard Payout Funds.
For a resource about mutual funds, please view Janus Overseas Fund which is in one of our sister site of topperformingmutualfunds.net.
Even further resources involving Fidelity investments on another sister site of ours is mutualfundexplorer.com, please view Fidelity Advisors Fund Review.