The Fund held a subscription period from November 2, 2022 through November 15, 2022, during which time the Fund held its assets in cash rather than seeking to achieve its investment objective. Performance measurement began on November 16, 2022.
NAV
Also available at a lower cost as an Admiral™ Shares mutual fund.
Management style
Asset class
Category
Risk / reward scale
Less
More
Investment minimum
as of 07/03/2025
NAV price
as of 07/03/2025
CUSIP | 921939807 |
---|---|
Management style | Active |
Asset class | International/Global Stock |
Category | World Stock |
Inception date | 11/16/2022 |
Fund Number | V012 |
Minimum Investment
NAV Price
as of 07/03/2025
NAV change
as of 07/03/2025
YTD returns
as of 07/03/2025
This actively managed fund is designed for investors with a high tolerance for risk who are seeking the potential to outperform the market over the long term, including those who may be environmentally conscious. The fund is intended to be used as a satellite position to augment a broadly diversified portfolio. The fund will seek to invest in companies which derive at least 50% of their revenue from activities deemed by the fund's advisor to contribute positively to environmental change and that are involved in the process of decarbonization. The fund's advisor is a leader in environmentally-oriented investing who employs a structured, research-driven process to identify companies exhibiting (i) structural growth opportunities, (ii) sustainable or persistent returns, and (iii) competitive advantages relative to their peers.
ESG funds are subject to ESG investment risk, which is the chance that the stocks or bonds screened by the index provider or advisor, as applicable, for ESG criteria generally will underperform the market as a whole or, in the aggregate, will trail returns of other funds screened for ESG criteria. The index provider or advisor’s assessment of a company, based on the company’s level of involvement in a particular industry or their own ESG criteria, may differ from that of other funds or an investor’s assessment of such company. As a result, the companies deemed eligible by the index provider or advisor may not reflect the beliefs and values of any particular investor and may not exhibit positive or favorable ESG characteristics. The evaluation of companies for ESG screening or integration is dependent on the timely and accurate reporting of ESG data by the companies. Successful application of the screens will depend on the index provider or advisor's proper identification and analysis of ESG data. The advisor may not be successful in assessing and identifying companies that have or will have a positive impact or support a given position. In some circumstances, companies could ultimately have a negative or no impact or support of a given position.
Ninety One North America, Inc.
as of 06/30/2025
Recent returns
Average annual
Month-end | 3-Month total | YTD | 1-yr | 3-yr | 5-yr | 10-yr | Since inception 11/16/2022 | |
---|---|---|---|---|---|---|---|---|
VEOIX1 | 5.25% | 11.47% | 9.74% | 10.71% | — | — | — | 4.42% |
4.49% | 11.53% | 10.05% | 16.17% | 17.35% | 13.65% | 9.99% | 18.34% |
as of 06/30/2025
Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year-end | |
---|---|---|---|---|---|---|
2025 | -1.56% | 11.47% | — | — | — | — |
2024 | 3.25% | -3.68% | 11.24% | -9.31% | 0.33% | 17.49% |
2023 | 10.27% | 1.23% | -14.29% | 10.80% | 6.01% | 22.20% |
2022 | — | — | — | — | -4.05% | -18.36% |
as of 12/31/2024
Year | Capital return by NAV | Income return by NAV | Total return by NAV | |
---|---|---|---|---|
2024 | -0.55% | 0.88% | 0.33% | 17.49% |
2023 | 5.15% | 0.86% | 6.01% | 22.20% |
2022 | -4.05% | 0.00% | -4.05% | — |
as of 06/30/2025
1-yr | 3-yr | 5-yr | 10-yr | Since inception 11/16/2022 | |
---|---|---|---|---|---|
VEOIX | 10.71% | — | — | — | 12.00% |
16.17% | 61.60% | 89.60% | 159.23% | — |
VEOIX
0.73%
Average expense ratio of similar funds2
—
This fund does not have long enough history to provide historical volatility measures data.
Purchase fee
None
Fund family redemption fee
None
None
The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.
Performance data do not reflect the deduction of the $25 annual account service fee that may be applied to certain accounts. If this fee was included, performance would be lower.
Closing price as of 07/03/2025
NAV
NAV change
52-week High
as of 07/03/2025
52-week Low
as of 04/08/2025
52-week Difference
Name | Date | NAV |
---|---|---|
VEOIX | 07/03/2025 | $22.43 |
This chart can’t be displayed on mobile devices. For the best viewing experience, visit this page from your desktop or laptop.
as of 05/31/2025
Fundamental | VEOIX | |
---|---|---|
Number of stocks | 27 | 2527 |
Median market cap | $47.6 B | $136.4 B |
Earnings growth rate | 11.8% | 18.8% |
Short-term reserves | 3.6% | — |
P/E ratio | 27.5x | 21.3x |
P/B ratio | 3.3x | 3.2x |
Turnover rate (Fiscal Year-end 10/31/2024) | 37.8% | — |
Return on equity | 17.3% | 19.2% |
Foreign holdings | 68.2% | — |
Fund total net assets as of 05/31/2025 | $78.4 M | — |
Share class total net assets | $22.3 M | — |
as of 05/31/2025
Weighted equity exposures exclude any temporary cash investments and equity index futures. Some short-term fixed income securities are classified as cash and are excluded from the weighted bond exposures.
as of 03/31/2025
Ticker | Holdings | Shares | Market value |
---|---|---|---|
NEE | NextEra Energy Inc. | 67,981 | $4,819,173 |
IBE | Iberdrola SA | 286,409 | $4,624,954 |
ADSK | Autodesk Inc. | 14,929 | $3,908,412 |
300750 | Contemporary Amperex Technology Co. Ltd. Class A | 105,622 | $3,689,874 |
WM | Waste Management Inc. | 15,852 | $3,669,897 |
NSIS B | Novonesis (Novozymes) B | 62,778 | $3,655,341 |
1585 | Yadea Group Holdings Ltd. | 1,836,000 | $3,576,544 |
POWERGRID | Power Grid Corp. of India Ltd. | 1,032,042 | $3,492,594 |
IFX | Infineon Technologies AG | 102,844 | $3,428,292 |
SU | Schneider Electric SE | 14,565 | $3,362,261 |
Ticker | Holdings | Shares | Market value |
---|---|---|---|
NEE | NextEra Energy Inc. | 67,981 | $4,819,173 |
IBE | Iberdrola SA | 286,409 | $4,624,954 |
ADSK | Autodesk Inc. | 14,929 | $3,908,412 |
300750 | Contemporary Amperex Technology Co. Ltd. Class A | 105,622 | $3,689,874 |
WM | Waste Management Inc. | 15,852 | $3,669,897 |
NSIS B | Novonesis (Novozymes) B | 62,778 | $3,655,341 |
1585 | Yadea Group Holdings Ltd. | 1,836,000 | $3,576,544 |
POWERGRID | Power Grid Corp. of India Ltd. | 1,032,042 | $3,492,594 |
IFX | Infineon Technologies AG | 102,844 | $3,428,292 |
SU | Schneider Electric SE | 14,565 | $3,362,261 |
Ticker | Holdings | Shares | Market value |
---|---|---|---|
NEE | NextEra Energy Inc. | 67,981 | $4,819,173 |
IBE | Iberdrola SA | 286,409 | $4,624,954 |
ADSK | Autodesk Inc. | 14,929 | $3,908,412 |
300750 | Contemporary Amperex Technology Co. Ltd. Class A | 105,622 | $3,689,874 |
WM | Waste Management Inc. | 15,852 | $3,669,897 |
NSIS B | Novonesis (Novozymes) B | 62,778 | $3,655,341 |
1585 | Yadea Group Holdings Ltd. | 1,836,000 | $3,576,544 |
POWERGRID | Power Grid Corp. of India Ltd. | 1,032,042 | $3,492,594 |
IFX | Infineon Technologies AG | 102,844 | $3,428,292 |
SU | Schneider Electric SE | 14,565 | $3,362,261 |
as of 05/31/2025
Realized gain
% of NAV
Unrealized gains of NAV
% of NAV
Fiscal year end
Distribution schedule
A fund's capital gains and losses can reveal the tax implications of holding a particular fund in a taxable account. This is true of both realized and unrealized capital gains and losses.
Learn about realized and unrealized gains and lossesA fund's capital gains and losses can reveal the tax implications of holding a particular fund in a taxable account. This is true of both realized and unrealized capital gains and losses.
Learn about realized and unrealized gains and lossesVanguard Global Environmental Opportunities Stock Fund seeks to invest in a portfolio of approximately 25 companies with the potential to outperform the fund’s benchmark over the long term. The advisor, Ninety One, employs an integrated investment approach, which selects investments pursuant to (1) an initial proprietary screening process (2) followed by a fundamental research process (3) an assessment of the overall portfolio and (4) the ongoing monitoring of the positions.
Performance & fees
The Fund held a subscription period from November 2, 2022 through November 15, 2022, during which time the Fund held its assets in cash rather than seeking to achieve its investment objective. Performance measurement began on November 16, 2022.
Most recent data available. © 2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; (3) does not constitute investment advice offered by Morningstar; and (4) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
© 2023 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Vanguard average mutual fund expense ratio: 0.09%. Industry average mutual fund expense ratio: 0.50%. All averages are asset-weighted. Industry average excludes Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2023.
Total returns: Short-term total return information is provided only as a service. Historical performance—particularly short-term performance—is no guarantee of future returns. Price, yield, and return on an actual investment will fluctuate, and you may have a gain or loss when you sell. Average annual returns include changes in price and reinvestments of dividends and capital gains. Since-inception returns for less than 1 year and year-to-date returns aren't annualized. Index performance is provided as a benchmark but isn't illustrative of any particular investment. You can't invest in an index.
Standardized returns: To see quarterly fee-adjusted returns, refer to the Price & Performance details.
Expense ratios: Expense ratios are displayed on Overview. For investments that are less than 1 fiscal year old, expense ratios are estimated.
Risk: All investing is subject to risk, including the possible loss of the money you invest. Funds that concentrate on a relatively narrow market sector face the risk of higher share-price volatility. Investments in stocks or bonds issued by non-U.S. companies are subject to risks including country/regional risk and currency risk.
An investment in the fund could lose money over short or long periods of time. You should expect the fund's share price and total return to fluctuate within a wide range. The fund is subject to the following risks, which could affect the fund's performance: