- What does VGHAX invest in?
- For over a quarter-century, this actively managed portfolio has offered investors an economical gateway to companies worldwide operating within the healthcare sector. Its holdings encompass pharmaceutical giants, medical equipment manufacturers, and cutting-edge research organizations. Compared to its peers in the healthcare space, this fund typically exhibits broader international exposure and a lower portfolio turnover rate. Nevertheless, investors should acknowledge the inherent concentration risk, as it exclusively targets the health care industry. Given that annual returns can fluctuate significantly, this fund is best suited as a supplementary component within a well-diversified investment strategy, particularly for those with a lengthy time horizon.
- What is the expense ratio of VGHAX?
- Vanguard Health Care Fund Admiral Shares (VGHAX) charges an expense ratio of 0.27%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VGHAX?
- Vanguard Health Care Fund Admiral Shares (VGHAX) manages $38.80B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is VGHAX actively managed or an index fund?
- VGHAX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VGHAX's is 0.27%) in exchange for the discretion to over- or under-weight positions.
- When was VGHAX launched?
- Vanguard Health Care Fund Admiral Shares (VGHAX) launched in November 2001 and is managed by Vanguard.
- How has VGHAX performed?
- VGHAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.