Total Stock Market Index Fund Investor Shares (VTSMX)
Most index investors choosing a U. October 16 Edition Iuri Struta Oct 16, A brief product description that includes information on performance, cost, industry weightings, top holdings, investment approach, and portfolio attributes. Walter Nejman, Portfolio Manager at Vanguard. Fewer people now ask that and there are more articulate people like WSP who can provide the answer.
Vanguard Total Börsenindexfonds Admiral (VTSAX)
Its average annual return for the past five years is 1. On an increasing scale of 1 to 5, Vanguard rates the risk potential of this fund at 4. The asset class of this fund is Domestic Stock-General, and Vanguard rates its risk at 4 on an increasing scale from 1 to 5.
In the year ending July 31, , this fund returned 7. Its five-year average annual return is 1. The three stocks in which this fund invests the most of its capital are Apple, Exxon Mobil and Microsoft. Both of these Vanguard funds have delivered similar performance in the past, and they represent investments in solid industrial, technological and service companies. The main difference between the funds is that the Vanguard Index Fund limits itself to large firms, whereas the Vanguard Total Stock Market Index Fund is a broader-based fund that also invests in smaller firms.
Either fund is an alternative to investing in specific stocks for investors who do not have time or experience to pick stocks and would rather let professional fund investors choose stocks for them.
John DeMerceau is an American expatriate entrepreneur, marketing analyst and Web developer. Mutual Funds Vanguard Index Fund Investor Shares and Vanguard Total Stock Market Index Fund Investor Shares are mutual funds -- investment vehicles that pool funds from groups of investors and invest them in a selection of equities such as stocks, bonds or real estate.
By law, a prospectus must be provided to a potential investor before he or she can invest. A financial statement that lists assets such as securities holdings , liabilities, and earnings, as well as certain historical information. A document provided as a supplement to a mutual fund prospectus. It contains more detailed information about fund policies, operations, and risks. The following additional terms and conditions apply to the publication on this Site of any Vanguard fund's portfolio holdings as described above:.
In the stylebox, it is shown as a dot within the shaded oval. In the stylebox, the expected range of frequently owned categories is represented by a shaded oval. Styleboxes for bond funds uses duration rather than average weighted maturity.
Duration is a more accurate measure of interest rate sensitivity because it takes into consideration all mortgage prepayments, puts, and adjustable coupons. A fund may offer multiple share classes. The objectives, strategies, and policies for all share classes of a fund are identical. However, expense ratios vary by share class, reflecting the differing costs of providing services to the holders of each share class. Traditional shares for individual investors that typically feature low minimum initial investments.
A lower-cost share class generally available without a minimum initial investment requirement to institutional investors and financial intermediary clients.
Vanguard created Admiral Shares to recognize and encourage the cost savings stemming from large, long-standing investment accounts and to pass these savings on to the shareholders who generate them. Shares generally available to large institutional investors. Exchange-traded shares of certain Vanguard index funds, ETF Shares combine the benefits of indexing, such as low costs and broad market diversification, with the trading and pricing flexibility of individual stocks.
Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.
Vanguard ETF Shares can be bought and sold only through a broker who may charge a commission and cannot be redeemed with the issuing fund. The options above represent share classes of Vanguard's U.
Exchanges between some of the share classes may be taxable. A fee charged by some mutual funds when an investor buys shares. This fee is not a sales charge or load because it is paid directly to the fund to offset the costs of trading certain securities.
A fee charged by some mutual funds when an investor sells shares. A redemption fee differs from a back-end load because the money is paid back into the fund. Many funds charge redemption fees only when shares are bought and then sold within a specific period of time, generally in an effort to discourage market-timing and short-term trading. Some brokers also charge their clients redemption fees for the sale of securities.
This represents the total net assets for all share classes of Vanguard's U. Central tendency Expected range. How to read our stylebox. The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost.
Current performance may be lower or higher than the performance data cited. Sector categories are based on the Industry Classification Benchmark, except for the "Other" category if applicable , which includes securities that have not been provided a Industry Classification Benchmark as of the effective reporting period.
Portfolio holdings may exclude any temporary cash investments and equity index products. Holdings policy for this fund.
Risk and volatility are based on the share class with the earliest inception date. Risk measures are calculated from trailing month fund returns relative to the associated benchmarks. An investment in the fund could lose money over short or even long periods. The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods of falling stock prices.