Vanguard’s personnel advantage won’t be as pronounced after its manager takes on a second role in mid-2021, so its People rating has been lowered to Above Average from High, and the Morningstar Analyst Ratings of both its share classes have been downgraded to Silver from Gold as a result.
Vanguard Health Care Inv VGHCX
NAV / 1-Day Return
221.70
/
0.04
%
Total Assets
48.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.320%
Expense Ratio
0.320%
Fee Level
Low
Longest Manager Tenure
12.97
years
Category
Health
Investment Style
Large BlendMin. Initial Investment
3,000
Status
Open
TTM Yield
0.93%
Turnover
18%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VGHCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VGHCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VGHCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VGHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Not quite as appealing after its skipper takes on a new position along with piloting this vehicle.
