Vanguard Communication Services Index Fund Admiral Shares
VTCAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Valley Forge PA 19482 Valley Forge PA United States of America 19482
- IPO Date
- Sep 29, 2004
- CIK
- 0000052848
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Communication Services Index Fund Admiral Shares (VTCAX) is an open-end mutual fund that seeks to track the investment performance of the MSCI US Investable Market Index (IMI)/Communication Services 25/50, comprising stocks of large-, mid-, and small-cap U.S. companies within the communication services sector as classified under the Global Industry Classification Standard (GICS); the fund employs a full replication indexing strategy by holding all index constituents in approximate proportion to their weightings. It offers exposure primarily to communication services companies, including diversified telecommunication services, media, entertainment, and interactive media & services, with top holdings concentrated in the sector at approximately 97.83% allocation alongside minor positions in technology, consumer cyclical, and other areas; the fund maintains a low expense ratio of 0.09%-0.10%, daily pricing, and a minimum initial investment of $100,000 for Admiral Shares. Launched on March 11, 2005, the fund is domiciled in the United States with administrative operations in Wilmington, Delaware, through c/o Corporation Service Company, and managed by The Vanguard Group, Inc., headquartered at 100 Vanguard Blvd., Valley Forge, Pennsylvania. The fund serves investors targeting passive exposure to the U.S. communications sector, including institutional and high-net-worth individuals via retirement plans and taxable accounts; it operates exclusively in U.S. markets with 98.92% allocation to U.S. stocks, minimal non-U.S. exposure (0.39%), and cash holdings of 0.69%. Total net assets stand at approximately $5.66 billion, with the Admiral Shares class at $298.40 million as of recent data. Recent management changes include the appointment of Aaron Choi and Chris Nieves as co-portfolio managers effective February 18, 2025. Under new Vanguard CEO Salim Ramji, the firm implemented its largest fee reductions in early 2025, costing an estimated $350 million, while establishing a dedicated advice and wealth management division to enhance competitive positioning; these parent-level strategic shifts support ongoing asset growth, with Vanguard rivaling BlackRock in inflows. No fund-specific acquisitions, partnerships, or product launches were reported in the last 1-2 years, though the fund maintains a low turnover of 15% and focuses on quarterly index reconstitution for efficient tracking.