Vanguard PRIMECAP Fund Admiral Shares (VPMAX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Valley Forge, PA, United States.
VPMAX has IPO date of 2001-11-12, listed on the NASDAQ, a market capitalization of $72.93B.
Vanguard PRIMECAP Fund Admiral Shares is a large- and mid-capitalization growth fund managed by PRIMECAP Management Company since its inception in 1984. The fund employs a long-term investment strategy characterized by extremely low portfolio turnover and a distinctive multi-manager structure in which several portfolio managers independently oversee portions of the fund to provide diversification of investment perspective. The fund may become concentrated in growth-oriented sectors such as technology and healthcare, which can result in short-term volatility depending on sector performance cycles. VPMAX is designed as a complement to diversified portfolios for investors with a long-term investment horizon.
