Vanguard Utilities Index Fund Admiral Shares (VUIAX)
Vanguard Utilities Index Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $95.24, up 0.49% on the session, giving a market capitalisation of $10.67B. Its beta of 0.50 implies it has historically moved less than the broad market.
This economical index fund offers targeted exposure to the utilities segment of the U.S. stock market. It invests in companies primarily involved in the distribution of electricity, water, or natural gas, as well as independent power producers. A key drawback is its concentrated nature, as it invests exclusively in utility-related equities. Due to this specialized focus, investors should anticipate substantial price fluctuations. Therefore, this fund is best suited as a minor, supplementary holding within an already broadly diversified investment strategy.
Vanguard Utilities Index Fund Admiral Shares is most often compared with the following Financial Services names: