Transcript Large Cap Fund - University of Arkansas

Large-capitalization funds generally
invest in companies with market
values of greater than $8 billion.
 Net
Asset Value $ 46.6 Billion
› Price per share $ 102.41
 Closed end Fund
 Investment policy
› $10,000.00 Initial investment
› If done through IRA one can
add $100.00
 Risks
- Not only did VFINX outperform
the S&P 500 during the last 1 Year, but
its Sharpe Ratio also indicates that the
level of risk employed was adequately
rewarded.

Sharpe Ratio – is a risk-adjusted measure
calculated by using standard deviation
and excess return to determine reward
per unit of risk
•From January 2009 to February of 2010.
•Investment of $10,000.00
•With reinvestment your investment in VFINX would have grown to $12,192.74.
Without reinvestment your investment would have grown to $11,911.18 and income
received from dividends and capital gains would be $603.78.
Top 25 Holdings
Portfolio Weight %
3.26
ExxonMobil Corporation
2.37
Microsoft Corporation
1.91
Apple, Inc.
1.79
Johnson & Johnson
1.78
Procter & Gamble Company
1.73
International Business Machines Corp
1.66
AT&T, Inc.
1.65
J.P. Morgan Chase & Co.
1.62
General Electric Company
1.55
Chevron Corporation
1.51
Bank of America Corporation
1.5
Google, Inc.
1.48
Pfizer Inc.
1.39
Wells Fargo Company
1.39
Cisco Systems, Inc.
1.33
Coca-Cola Company
1.23
Hewlett-Packard Company
1.15
Wal-Mart Stores, Inc.
1.13
Intel Corporation
1.12
Merck & Co., Inc.
0.97
Oracle Corporation
0.95
PepsiCo, Inc.
0.95
Verizon Communications Inc.
0.92
Philip Morris International Inc
Goldman Sachs Group, Inc.
0.87
Shares Owned
44,602,785
72,578,188
8,462,250
25,922,822
27,450,865
12,341,796
55,442,334
37,024,071
100,037,634
18,849,627
93,359,934
2,265,467
75,816,588
48,020,508
54,047,833
21,770,800
22,277,039
20,046,834
51,881,358
28,697,985
36,738,428
14,660,913
26,688,910
17,895,202
4,829,941
Shares Change
-1,163,106
-1,247,330
-68,630
-320,940
-345,850
-141,749
-743,617
-426,042
-1,162,403
-248,906
10,970,383
-25,718
11,544,330
3,532,637
-879,934
-298,198
-302,689
-521,144
-1,428,484
28,697,985
-454,894
-174,527
-362,235
-526,604
-38,560
Mkt Cap (Mil)
3,041.46
2,212.91
1,784.35
1,669.69
1,664.35
1,615.54
1,554.05
1,542.79
1,513.57
1,451.23
1,406.00
1,404.54
1,379.10
1,296.07
1,293.91
1,240.94
1,147.49
1,071.50
1,058.38
1,048.62
901.56
891.38
884.2
862.37
815.49
Total Ret YTD (Daily)
-2.79
-5.18
-4.3
-0.17
5.38
-2.41
-8.95
-3.82
6.87
-2.94
5.44
-12.78
-0.11
1.59
1.75
-2.25
-1.4
0.07
2.83
2.6
-0.65
3.06
-10.97
3.71
-7.5