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Investment Type: access

Vanguard Explorer Admiral Fund (VEXRX)







Quick Facts


VEXRX
11/12/2001

12/11/1967
Small Growth
$22,176.64

Investment Strategy

   What's this?
The investment seeks to provide long-term capital appreciation. The fund invests mainly in the stocks of small and mid-size companies, choosing stocks considered by the fund's advisors to have superior growth potential. These companies often provide little or no dividend income. The fund uses multiple investment advisors. Each advisor independently selects and maintains a portfolio of common stocks for the fund.




Morningstar Style Box™

  as of 12/31/2023
   What's this?
Investment Style
Stylebox Market Capitalization

Overall Morningstar Star Rating™

  as of 03/31/2024
   What's this?

Out of 552 Small Growth Funds

StarRating

Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.


Total Returns



Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

In situations where the net and gross total investment expense figures are different, the mutual fund or the underlying fund in which a Separate Account invests has waived/capped a portion of its management fees through the date displayed in the waiver expiration date or contractual cap expiration date column. Differences may also be shown due to the fund family choosing to pay certain expenses that would normally be payable by the fund. Returns displayed are based on net total investment expense.



Month-End | Quarter-End
Average Annual Total Returns as of 03/31/2024
1 Month3 MonthYTD1 Year3 Year5 Year10 YearSince     
Inception*
Total Return % 2.87 7.28 7.28 20.19 2.55 11.07 10.26 9.76
Russell 2000 Growth Index % 2.80 7.58 7.58 20.35 -2.68 7.38 7.89 ---
Small Growth Category % 2.50 7.49 7.49 18.05 -1.95 9.06 8.83 ---
Morningstar Percentile Rankings** --- --- --- 39 19 24 20 ---
# of Funds in Category 590 589 589 585 552 520 400 ---
11/12/200112/11/1967
**Morningstar percentile rankings are based on total returns.


Expenses

  as of 03/31/2024
Total Investment Expense - Gross: 0.34%
Total Investment Expense - Net: 0.34%
Total Investment Expense Gross Per $1,000 Invested: $3.40



Inv Manager or Sub-Advisor

   What's this?
Vanguard Group



Portfolio Managers

   What's this?
Ryan Edward Crane , CFA
Since 08/12/2013
B.S. , University of Houston

Daniel J. Fitzpatrick , CFA
Since 02/24/2014
B.S. , Boston College

Brian Schaub , CFA
Since 06/16/2014
B.A. , Williams College

Chad Meade
Since 06/16/2014
B.S. , Virginia Tech

Aram E. Green
Since 03/20/2017
B.A. , Union College

Brian M. Angerame
Since 03/20/2017


Matthew Lilling , CFA
Since 07/01/2020
B.A. , Emory University

Cesar Orosco
Since 02/26/2021


Jeffrey Bailin, CFA , CFA
Since 12/21/2023
B.S. , Georgetown University






Morningstar
© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data 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 this information.

Returns shown for periods of less than one year are not annualized.

Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company. Securities are offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker/dealers. Securities sold by a Principal Securities Registered Representative are offered through Principal Securities. Principal Securities and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options may not be available in all states or U.S. commonwealths.

Investors should carefully consider a mutual fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calling 1-800-547-7754. Read the prospectus carefully before investing.

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

Russell 2000 Growth Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index having higher price-to-book ratio and higher forecasted growth values.

Small-cap and mid-cap investment options are subject to more fluctuation in value and may have additional risks than other investment options with stocks of larger, more stable companies.

For investment options, returns for all time periods, except the Since Inception time frame, may include the historical performance of the oldest share class of the investment, adjusted to reflect a portion of the fees and expenses of this share class. Since Inception returns display the actual return of this share class and do not reflect the adjusted returns of the oldest share class. Please see the fund's prospectus or if CIT, the offering document for more information on specific expenses, and the investment options most recent shareholder report for actual date of first sale. For a CIT, you may need to contact the plan sponsor or plan advisor, if applicable. Expenses are deducted from income earned by the investment option. As a result, dividends and investment results will differ for each share class.