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Trending ETFs

Capital Appreciation Fund

mutual fund
VAPPX
Payout Change
Pending
Price as of:
$18.28 -0.01 -0.05%
primary theme
U.S. Large-Cap Growth Equity
share class
VAPPX (Mutual Fund)

Capital Appreciation Fund

Payout Change
Pending
Price as of:
$18.28 -0.01 -0.05%
primary theme
U.S. Large-Cap Growth Equity
share class
VAPPX (Mutual Fund)

Capital Appreciation Fund

Payout Change
Pending
Price as of:
$18.28 -0.01 -0.05%
primary theme
U.S. Large-Cap Growth Equity
share class

Name

As of 05/17/2024

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

$18.28

$140 M

0.07%

$0.01

0.80%

Vitals

YTD Return

13.2%

1 yr return

37.9%

3 Yr Avg Return

11.6%

5 Yr Avg Return

9.1%

Net Assets

$140 M

Holdings in Top 10

49.5%

52 WEEK LOW AND HIGH

$18.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.80%

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 05/17/2024

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

$18.28

$140 M

0.07%

$0.01

0.80%

VAPPX - Profile

Distributions

  • YTD Total Return 13.2%
  • 3 Yr Annualized Total Return 11.6%
  • 5 Yr Annualized Total Return 9.1%
  • 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. As of July 31, 2023, the largest stock by market capitalization in the Russell 1000® Growth Index was approximately $1.33billion to $3.11 trillion. The subadviser selects stocks using a unique, growth-oriented approach, focusing on high quality companies with sustainable earnings growth that are available at reasonable prices, which combines the use of proprietary analytical tools and the qualitative judgments of the investment team. In general, the subadviser believes companies that are undervalued relative to their fundamentals and exhibit improving investor interest outperform the market over full market cycles. As a result, the subadviser’s investment process begins by using tools to rank stocks based on expected returns, construct preliminary portfolios with the use of fundamental factors, and manage risk. All purchases and sales of portfolio securities, however, are subjected ultimately to the investment team’s qualitative judgments developed from their cumulative investment experience. The entire process is designed to focus on company fundamentals through both quantitative and qualitative analysis to balance return generation with risk management. Although the Fund typically invests in common stocks of domestic companies, the Fund may occasionally invest in the equity securities of foreign issuers (up to a maximum of 20% of total assets).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 13.2% -11.0% 25.9% 42.64%
1 Yr 37.9% -12.6% 63.0% 7.89%
3 Yr 11.6%* -27.1% 25.1% 10.73%
5 Yr 9.1%* -14.5% 29.5% 94.43%
10 Yr 7.3%* -5.0% 19.6% 98.24%

* Annualized

Return Ranking - Calendar

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -36.9% 72.4% 98.42%
2022 -29.7% -85.9% 4.7% 26.18%
2021 23.3% -52.4% 60.5% 8.56%
2020 24.4% -34.3% 145.0% 57.24%
2019 -5.2% -21.8% 49.4% 99.12%

Total Return Ranking - Trailing

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -11.0% 25.9% 42.64%
1 Yr 37.9% -12.6% 63.0% 7.89%
3 Yr 11.6%* -27.1% 25.1% 10.73%
5 Yr 9.1%* -14.5% 29.5% 94.43%
10 Yr 7.3%* -5.0% 19.6% 98.24%

* Annualized

Total Return Ranking - Calendar

Period VAPPX Return Category Return Low Category Return High Rank in Category (%)
2023 41.2% -4.6% 72.4% 34.53%
2022 -25.8% -61.7% 5.6% 25.20%
2021 26.0% -39.8% 118.1% 22.79%
2020 24.4% 2.8% 149.2% 83.94%
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 242 K 269 B 85.41%
Number of Holdings 65 2 3211 43.82%
Net Assets in Top 10 69.4 M 109 K 111 B 84.40%
Weighting of Top 10 49.48% 0.7% 100.3% 51.41%

Top 10 Holdings

  1. Microsoft Corp 8.13%
  2. Apple Inc 6.88%
  3. NVIDIA Corp 6.65%
  4. State Street Institutional U.S. Government Money Market Fund 6.25%
  5. Meta Platforms Inc 4.60%
  6. Amazon.com Inc 4.59%
  7. Mastercard Inc 3.55%
  8. Alphabet Inc 3.53%
  9. Advanced Micro Devices Inc 2.69%
  10. Eli Lilly Co 2.61%

Asset Allocation

Weighting Return Low Return High VAPPX % Rank
Stocks
96.64% 0.00% 130.05% 88.17%
Cash
6.25% 0.00% 99.00% 2.80%
Preferred Stocks
0.00% 0.00% 7.84% 44.61%
Other
0.00% -43.49% 50.04% 48.03%
Convertible Bonds
0.00% 0.00% 1.94% 36.37%
Bonds
0.00% 0.00% 104.29% 39.53%

Stock Sector Breakdown

Weighting Return Low Return High VAPPX % Rank
Technology
40.82% 0.00% 65.70% 26.21%
Consumer Cyclical
14.05% 0.00% 62.57% 61.61%
Communication Services
11.93% 0.00% 66.40% 35.93%
Healthcare
9.98% 0.00% 39.76% 75.90%
Industrials
8.48% 0.00% 30.65% 20.25%
Financial Services
7.12% 0.00% 43.06% 70.03%
Consumer Defense
4.90% 0.00% 25.50% 33.83%
Real Estate
2.23% 0.00% 16.05% 25.94%
Basic Materials
0.49% 0.00% 18.91% 68.62%
Utilities
0.00% 0.00% 16.07% 55.13%
Energy
0.00% 0.00% 41.09% 69.76%

Stock Geographic Breakdown

Weighting Return Low Return High VAPPX % Rank
US
96.64% 0.00% 130.05% 74.50%
Non US
0.00% 0.00% 78.10% 55.48%

VAPPX - Expenses

Operational Fees

VAPPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.01% 28.71% 64.32%
Management Fee 0.55% 0.00% 1.40% 36.36%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.01% 1.02% 28.13%

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% 39.66%

VAPPX - Distributions

Dividend Yield Analysis

VAPPX Category Low Category High VAPPX % Rank
Dividend Yield 0.07% 0.00% 27.58% 64.42%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VAPPX Category Low Category High VAPPX % Rank
Net Income Ratio -0.09% -6.13% 1.75% 31.78%

Capital Gain Distribution Analysis

VAPPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly 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 8.27 3.08