VGHAX

About VGHAX

Vanguard Health Care Fund Admiral Shares is a mutual fund that seeks to achieve long-term capital appreciation by investing primarily in companies within the healthcare sector. The fund allocates at least 80% of its assets to stocks of businesses engaged in the development, production, or distribution of healthcare products and services, including pharmaceuticals, biotechnology, medical devices, and healthcare facilities. It typically maintains a global approach, with the flexibility to invest up to 50% of assets in non-U.S. companies, providing diverse exposure across major healthcare markets. This fund is known for its relatively concentrated portfolio, holding around 100 positions, and is notably overweight in large, established companies such as Eli Lilly, UnitedHealth Group, and AstraZeneca, which collectively account for a significant portion of assets. Vanguard Health Care Fund Admiral Shares distinguishes itself through low expenses, a history of strong long-term performance versus its benchmark, and a risk profile shaped by its focus on large-cap and global healthcare stocks. As such, it plays a key role for investors seeking targeted exposure to the healthcare industry within a diversified portfolio, offering both growth potential and defensive characteristics tied to the sector’s resilient demand.