Vanguard® Explorer™ Fund - Admiral™ Shares

[Pages:1]Vanguard? ExplorerTM Fund - AdmiralTM Shares

Release Date

..............................................................................................................................................................................................................................................................................................0.9..-.3..0..-.2.1..................................

Category

Small Growth

Investment Objective & Strategy

From the investment's prospectus

The investment seeks to provide long-term capital appreciation.

The fund invests mainly in the stocks of small and midsize companies. These companies tend to be unseasoned but are considered by the fund's advisors to have superior growth potential. Also, these companies often provide little or no dividend income. It uses multiple investment advisors.

Volatility and Risk

Volatility as of 09-30-21

Low

Moderate

Investment High

Category

Risk Measures as of 09-30-21

3 Yr Std Dev

3 Yr Beta

Port Avg Rel S&P 500

24.78

1.32

1.23

.

Rel Cat

0.97

1.03

Principal Risks Loss of Money, Not FDIC Insured, Market/Market Volatility, Equity Securities, Management

Important Information Morningstar Investment Profiles must be accompanied by Morningstar Disclosure and Glossary.

Funds or their affiliates may pay compensation to Voya? affiliates offering a fund. Such compensation may be paid out of distribution, service and/or 12b-1 fees that are deducted from the fund's assets, and/or may be paid directly by the fund's affiliates. Any fees deducted from fund assets are discussed in the fund's prospectus and disclosed in the fund fact sheet. Because these fees are paid on an on-going basis, over time these fees will increase the cost of your investment and may cost you more than paying other types of sales charges. If offered through a retirement program, additional fees and expenses may be charged under that program. NOT A DEPOSIT. NOT FDIC INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE INSTITUTION. MAY GO DOWN IN VALUE.

Portfolio Analysis

Composition as of 06-30-21

U.S. Stocks Non-U.S. Stocks Bonds Cash Other

% Assets

93.9 4.7 0.0 1.4 0.0

Top 10 Holdings as of 06-30-21

% Assets

Vanguard Small-Cap ETF

1.31

Icon PLC

0.85

Burlington Stores Inc

0.79

Five9 Inc

0.78

.O..m...n..i.c..e..l.l..I.n..c..............................................................................0....7..5.

Trex Co Inc

0.73

Momentive Global Inc

0.71

Skechers USA Inc

0.68

The Middleby Corp

0.68

Ltd

0.68

Operations Gross Prosp Exp Ratio Net Prosp Exp Ratio Management Fee 12b-1 Fee Other Fee Miscellaneous Fee(s) Fund Inception Date Total Fund Assets ($mil) Annual Turnover Ratio % Fund Family Name

Notes

0.30% of fund assets 0.30% of fund assets 0.29%

. . 0.01% 11-12-01 23,448.4 43.00 Vanguard

Morningstar Style BoxTM as of 06-30-21

% Mkt Cap

Large Mid Small

G...i.a..n..t...........................................0.....1..7.

Large

4.60

Medium

42.41

S...m...a..l.l........................................4..6.....6..1.

Value Blend Growth

Micro

6.22

Morningstar Equity Sectors as of 06-30-21

% Fund

h ........C...y.c..l.i.c..a..l............................................................................2..6....1..0.

r Basic Materials

1.67

t Consumer Cyclical

13.33

y Financial Services

7.50

u Real Estate

3.60

j ........S...e..n..s..it..i.v.e...........................................................................4..6....5..2.

i Communication Services

3.35

o Energy

1.09

p Industrials

18.01

a Technology

24.07

k ........D...e..f.e..n..s..i.v..e.........................................................................2..7....3..9.

s Consumer Defensive

4.85

d Healthcare

22.04

f Utilities

0.50

Waiver Data

Type

.

.

Exp. Date

%

.

.

Portfolio Manager(s)

Ryan Crane, CFA. Since 2013.

Daniel Fitzpatrick, CFA. Since 2014.

................................................................................................

Advisor

ArrowMark Colorado Holdings,

LLC (ArrowMark Partners)

Subadvisor

.

?2021 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at .

?

13.828-321 (10/21) CN1028811_1221

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download