Fund Evaluator:

Vanguard Global Environmental Opp StkAdm Overview

Vanguard Global Environmental Opp StkAdm (VEOAX) is an actively managed International Equity Global Large-Stock Growth fund. Vanguard launched the fund in 2022.

The investment seeks to provide long-term capital appreciation. The fund invests in common and preferred stocks, both directly and indirectly (such as through depository receipts), and is not constrained with respect to market capitalization. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in environmental companies (each, an “Environmental Company”). It is non-diversified.

About Vanguard Global Environmental Opp StkAdm (VEOAX)

There are 2 members of the management team with an average tenure of 3.71 years: Deirdre Cooper (2022), Graeme Baker (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Vanguard Global Environmental Opp StkAdm has 48 securities in its portfolio. The top 10 holdings constitute 42.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is considered to have an ESG focus with its investment selection and management.

Vanguard Global Environmental Opp StkAdm is part of the Equity global asset class and is within the International Equity fund group. Vanguard Global Environmental Opp StkAdm has 72.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 25.2%. There is 72.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Vanguard Global Environmental Opp StkAdm has 2.2% of the portfolio in cash.

Assets Under Management

The fund has $99 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

VEOAX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Vanguard Global Environmental Opp StkAdm expense ratio is average compared to funds in the Global Large-Stock Growth category. Vanguard Global Environmental Opp StkAdm has an expense ratio of 0.55%, which is 51% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Vanguard Global Environmental Opp StkAdm has a portfolio turnover rate of 59%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.

Recently, in the month of July 2026, Vanguard Global Environmental Opp StkAdm returned -2.8%, which earned it a grade of C, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Vanguard Global Environmental Opp StkAdm has a trailing yield of 1.02%, which is above the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Vanguard Global Environmental Opp StkAdm Grades

Year to date, the fund has returned 11.7%, 5.6 percentage points better than the category, which translates into a grade of B. The fund has returned 19.0% over the past year (grade of A) and 7.6% over the past three years (grade of F).

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