Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX)
Vanguard Tax-Managed Small-Cap Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $121.82, up 0.49% on the session, giving a market capitalisation of $11.76B. Its beta of 1.03 implies it has historically moved more than the broad market.
This particular offering, part of Vanguard's collection of tax-optimized investments, grants shareholders access to small-capitalization equities. It utilizes an index-tracking strategy to closely mirror its benchmark while simultaneously endeavoring to keep taxable capital gains to a minimum. A key risk factor for this fund arises from its singular focus on smaller companies, a sector of the market recognized for its inherent price fluctuations. This fund is primarily intended for individuals in higher tax brackets with an investment outlook of at least five years and a strong tolerance for risk, serving as a supplementary component within a broader, well-allocated portfolio. Nevertheless, it is crucial to understand that the fund's stated goal of tax efficiency may not always be met.
Vanguard Tax-Managed Small-Cap Fund Admiral Shares is most often compared with the following Financial Services names: