VHCAX – Vanguard Capital Opportunity Adm Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund invests mainly in U.S. stocks, with an emphasis on companies that are considered to have prospects for rapid earnings growth. It does not focus on companies of any particular size, however; the advisor may emphasize mid-cap stocks. The fund's investment advisor uses fundamental research to identify stocks that are expected to outperform the market over a three- to five-year time horizon and that are available at attractive prices relative to their fundamental values.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VHCOX	Vanguard Capital Opportunity Fund Investor Shares	No Load	Limited			Aug 14, 1995	$1.43B	0.400%	Below Average	$3,000	−$410.80M
VHCAX	Vanguard Capital Opportunity Fund Admiral Shares	Institutional	Limited			Nov 12, 2001	$29.26B	0.320%	Low	$50,000	−$1.50B

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