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Trending ETFs

Capital Appreciation Fund

mutual fund
VAPPX
Payout Change
Pending
Price as of:
$21.69 -0.08 -0.37%
primary theme
U.S. Large-Cap Growth Equity
share class
Other (VAPPX)
VAPPX (Mutual Fund)

Capital Appreciation Fund

Payout Change
Pending
Price as of:
$21.69 -0.08 -0.37%
primary theme
U.S. Large-Cap Growth Equity
share class
Other (VAPPX)
VAPPX (Mutual Fund)

Capital Appreciation Fund

Payout Change
Pending
Price as of:
$21.69 -0.08 -0.37%
primary theme
U.S. Large-Cap Growth Equity
share class
Other (VAPPX)

Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Capital Appreciation Fund

VAPPX | Fund

$21.69

$140 M

0.06%

$0.01

0.77%

Vitals

YTD Return

34.3%

1 yr return

39.0%

3 Yr Avg Return

12.2%

5 Yr Avg Return

17.6%

Net Assets

$140 M

Holdings in Top 10

51.7%

52 WEEK LOW AND HIGH

$21.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.77%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Capital Appreciation Fund

VAPPX | Fund

$21.69

$140 M

0.06%

$0.01

0.77%

VAPPX - Profile

Distributions

  • YTD Total Return 34.3%
  • 3 Yr Annualized Total Return 12.2%
  • 5 Yr Annualized Total Return 17.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.09%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Capital Appreciation Fund
  • Fund Family Name
    VALIC Company
  • Inception Date
    Sep 01, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jason Hans

Fund Description

The Fund invests in equity securities of large-sized U.S. companies similar in size, at the time of purchase, to those within the Russell 1000® Growth Index (the “Index”). As of July 31, 2024, the median stock by market capitalization in the Index was approximately $20.1 billion and the largest stock by market capitalization was $3.5 trillion. The size of the companies in the Index changes with market conditions and the composition of the Index.The Fund invests substantially in “growth” stocks, which are stocks of companies with long-term earnings growth potential. The Fund’s portfolio managers seek to invest in growth companies that are undervalued relative to their fundamentals and exhibit improving investor interest, such as positive price momentum, believing that such investments can outperform the equity market over a full market cycle, which can be measured from market peak to peak or from market trough to trough. The Fund invests substantially in securities of U.S. issuers. The Fund generally invests in common stocks.From time to time, the Fund may have significant investments in particular sectors, including the information technology sector.In pursuit of the Fund’s objective, the subadviser employs fundamental and quantitative analysis with risk management analysis in identifying investment opportunities and constructing the Fund’s portfolio. The subadviser also integrates environmental, social, and governance (ESG) considerations into its investment process, provided that sufficient ESG data exists to conduct such evaluation. The ESG factors that may be considered as part of the subadviser’s overall assessment of the risks and opportunities presented by an investment vary by issuer, depending in part on the availability and reliability of relevant information, and may include risks to the issuer’s business arising out of its environmental and social impacts and its corporate governance practices, to the extent ESG factors are anticipated to have a financial impact on an investment under consideration or held in the Fund. ESG factors are amongst several factors that the subadviser considers when identifying investment opportunities and constructing the Fund’s portfolio, and the Fund’s portfolio managers may, in their discretion, place different weights across these various factors (ESG and non-ESG), including based on a company’s industry or sector, and therefore an investment may be made in a company that scores poorly based upon the company’s ESG factors if it scores favorably on one or more other, non-ESG factors.In order to generate additional income, the Fund may lend portfolio securities to broker-dealers and other financial institutions provided that the value of the loaned securities does not exceed 30% of the Fund’s total assets. These loans earn income for the Fund and are collateralized by cash and securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities.
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VAPPX - Performance

Return Ranking - Trailing

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
YTD 34.3% 0.0% 60.1% 39.09%
1 Yr 39.0% 3.4% 82.4% 37.45%
3 Yr 12.2%* -20.7% 35.7% 7.34%
5 Yr 17.6%* -12.6% 30.6% 35.41%
10 Yr 8.2%* -4.3% 21.2% 97.20%

* Annualized

Return Ranking - Calendar

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -74.1% 72.4% 98.27%
2022 -29.7% -85.9% 4.7% 26.32%
2021 23.3% -52.4% 60.5% 8.79%
2020 24.4% -34.3% 145.0% 57.32%
2019 -5.2% -6.9% 49.4% 99.80%

Total Return Ranking - Trailing

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
YTD 34.3% 0.0% 60.1% 39.09%
1 Yr 39.0% 3.4% 82.4% 37.45%
3 Yr 12.2%* -20.7% 35.7% 7.34%
5 Yr 17.6%* -12.6% 30.6% 35.41%
10 Yr 8.2%* -4.3% 21.2% 97.20%

* Annualized

Total Return Ranking - Calendar

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
2023 41.2% -4.6% 72.4% 34.31%
2022 -25.8% -61.7% 5.6% 25.39%
2021 26.0% -39.8% 118.1% 23.01%
2020 24.4% 2.8% 149.2% 84.00%
2019 -5.2% -5.2% 49.4% 100.00%

NAV & Total Return History

VAPPX - Holdings

Concentration Analysis

VAPPX Category Low Category High VAPPX % Rank
Net Assets 140 M 296 K 287 B 86.85%
Number of Holdings 60 2 3061 49.73%
Net Assets in Top 10 115 M 126 K 150 B 79.04%
Weighting of Top 10 51.67% 0.7% 205.0% 57.60%

Top 10 Holdings

  1. NVIDIA Corp 9.35%
  2. Apple Inc 8.68%
  3. Microsoft Corp 8.15%
  4. Amazon.com Inc 4.71%
  5. Meta Platforms Inc 4.55%
  6. Broadcom Inc 3.77%
  7. Alphabet Inc 3.64%
  8. Mastercard Inc 3.42%
  9. Eli Lilly Co 3.14%
  10. Adobe, Inc. 2.27%

Asset Allocation

Weighting Return Low Return High VAPPX % Rank
Stocks 		99.53% 0.00% 123.52% 27.50%
Cash 		0.51% 0.00% 173.52% 65.88%
Preferred Stocks 		0.00% 0.00% 8.45% 50.54%
Other 		0.00% -36.56% 50.35% 56.08%
Convertible Bonds 		0.00% 0.00% 1.94% 43.45%
Bonds 		0.00% 0.00% 102.71% 44.65%

Stock Sector Breakdown

Weighting Return Low Return High VAPPX % Rank
Technology 		40.82% 0.00% 65.70% 26.73%
Consumer Cyclical 		14.05% 0.00% 62.57% 62.27%
Communication Services 		11.93% 0.00% 66.40% 35.00%
Healthcare 		9.98% 0.00% 39.76% 75.36%
Industrials 		8.48% 0.00% 30.65% 20.55%
Financial Services 		7.12% 0.00% 43.06% 69.91%
Consumer Defense 		4.90% 0.00% 25.50% 33.82%
Real Estate 		2.23% 0.00% 16.05% 25.55%
Basic Materials 		0.49% 0.00% 18.91% 69.00%
Utilities 		0.00% 0.00% 16.07% 60.73%
Energy 		0.00% 0.00% 41.09% 74.18%

Stock Geographic Breakdown

Weighting Return Low Return High VAPPX % Rank
US 		99.53% 0.00% 123.52% 20.24%
Non US 		0.00% 0.00% 75.46% 60.98%

VAPPX - Expenses

Operational Fees

VAPPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.77% 0.01% 28.71% 65.85%
Management Fee 0.55% 0.00% 1.50% 38.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.01% 1.02% 29.65%

Sales Fees

VAPPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VAPPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VAPPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 316.74% 38.85%

VAPPX - Distributions

Dividend Yield Analysis

VAPPX Category Low Category High VAPPX % Rank
Dividend Yield 0.06% 0.00% 27.58% 68.76%

Dividend Distribution Analysis

VAPPX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

VAPPX Category Low Category High VAPPX % Rank
Net Income Ratio -0.09% -6.13% 3.48% 32.47%

Capital Gain Distribution Analysis

VAPPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

VAPPX - Fund Manager Analysis

Managers

Jason Hans

Start Date

Tenure

Tenure Rank

Oct 31, 2020

1.58

1.6%

Jason joined BMO Asset Management Inc in 2008 and is responsible for equity portfolio management and research. Jason began his experience in the investment industry in 1998, and was the Managing Director, Head of Research for Quantitative Services Group. Jason holds an MBA in Finance from Notre Dame and a BS in Business, with a major in Finance and a minor in Physics from Miami University. In addition, Jason holds the Chartered Financial Analyst® (CFA) designation, is a member of the CFA Institute, the CFA Society of Chicago and the Chicago Quantitative Alliance

J.P. Gurnee

Start Date

Tenure

Tenure Rank

Jan 31, 2021

1.33

1.3%

Mr. Gurnee joined BMO Asset Management Corp. in 2018 where he currently serves as a Vice President and Portfolio Manager. Previously, Mr. Gurnee was an analyst at Northern Trust from 2016-2018 and at Calamos Investments from 2014-2016. He is a CFA Charterholder.

Ernesto Ramos

Start Date

Tenure

Tenure Rank

Jun 25, 2021

0.93

0.9%

Ernesto is the managing director of active equities and a portfolio manager at BMO Global Asset Management. He joined the company in 2005. Ernesto began his investment management career in 1992 with Batterymarch Financial Management. He holds a Ph.D. and an M.S. in statistics from Harvard University and a B.S. in mathematics from MIT.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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