Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX)
| Fund Assets | 27.55B |
| Expense Ratio | 0.09% |
| Min. Investment | $10,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 3.29 |
| Dividend Yield | 0.92% |
| Dividend Growth | 4.31% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 356.53 |
| YTD Return | 1.38% |
| 1-Year Return | 17.56% |
| 5-Year Return | 87.68% |
| 52-Week Low | 253.99 |
| 52-Week High | 359.43 |
| Beta (5Y) | n/a |
| Holdings | 856 |
| Inception Date | Sep 6, 1994 |
About VTCLX
As part of Vanguard’s series of tax-managed investments, this fund offers investors exposure to the mid- and large-capitalization segments of the U.S. stock market. Its unique index-oriented approach attempts to track the benchmark, while minimizing taxable gains and dividend income by purchasing index securities that pay lower dividends. One of the fund’s risks is its exposure to the mid-cap segment of the stock market, which tends to be more volatile than the large-cap market. Investors in a higher tax bracket who have an investment time horizon of five years or longer and a high tolerance for risk may wish to consider this fund complementary to a well-balanced portfolio.Please note: It is possible that the fund will not meet its objective of being tax-efficient.With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.
Performance
VTCLX had a total return of 17.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.75%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VTCIX | Institutional Shares | 0.06% |
Top 10 Holdings
35.47% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.04% |
| Apple Inc. | AAPL | 5.92% |
| Microsoft Corporation | MSFT | 4.99% |
| Amazon.com, Inc. | AMZN | 3.58% |
| Alphabet Inc. | GOOGL | 2.99% |
| Alphabet Inc. | GOOG | 2.65% |
| Meta Platforms, Inc. | META | 2.47% |
| Broadcom Inc. | AVGO | 2.37% |
| Tesla, Inc. | TSLA | 1.91% |
| Berkshire Hathaway Inc. | BRK.B | 1.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.8433 | Dec 24, 2025 |
| Sep 24, 2025 | $0.7995 | Sep 25, 2025 |
| Jun 20, 2025 | $0.7999 | Jun 23, 2025 |
| Mar 25, 2025 | $0.8453 | Mar 26, 2025 |
| Dec 30, 2024 | $0.8056 | Dec 31, 2024 |
| Sep 26, 2024 | $0.7393 | Sep 27, 2024 |