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Vanguard Primecap Core Fund

Primecap Core symbol VPCCX closed to new investors today. I gather Vanguard will keep it open to Flagship clients with a yearly maximum like they do with Primecap.

Comments

  • The rules are different for each fund. I believe that when Core was closed previously, Flagship customers were allowed to invest an unlimited amount, unlike the other Primecaps.

    From the prospectus:
    The Fund is closed to new accounts for investors not enrolled in Vanguard Flagship Services® or Vanguard Personal Advisor Services®. Clients of these services may open new Fund accounts, without purchase limitations, in individual, joint, and/or personal trust registrations
    The $25K limit applies to existing investors who are not Flagship customers.
  • I just checked and as of the January 31, 2022 filing date, VPPCX has already been closed.
    If it was opened, I would have bought it today. This is one of those funds I wish would re-open to new investors.

    https://www.vanguard.com/pub/Pdf/sp1220.pdf

  • edited September 27
    VPCCX has been closed to most new investors for a while.
    Vanguard Flagship/PAS customers can open new accounts in VPCCX without any purchase limitations.
    Vanguard Flagship customers can open new Primecap (VPMCX) or Capital Opportunity (VHCOX)
    accounts and invest up to $25K per fund account per year.
    Vanguard PAS customers can open new Primecap (VPMCX) accounts and invest up to $25K
    per fund account per year; they can open new Capital Opportunity accounts without any purchase limitations.
  • edited September 27
    My apologies. I was in a hurry and when I opened the Vanguard page, all I read was:

    Investment minimum
    Closed
    as of 09/27/2022
  • No worries!
  • TheShadow said:

    I just checked and as of the January 31, 2022 filing date, VPPCX has already been closed.
    If it was opened, I would have bought it today. This is one of those funds I wish would re-open to new investors.

    https://www.vanguard.com/pub/Pdf/sp1220.pdf

    Ugh, I wish I could sell you my shares. It's a serial under-performer if held in a taxable account.
  • edited September 28
    @sfnative,

    Thanks, but I have the Primecap Odyssey Funds instead since I am unable to buy into the Vanguard Primecap Funds.

    @Mona,

    No problem.
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