Besides building a career in politics and law, the United States Vice President Kamala Harris has established a diverse investment portfolio targeting various products.
Indeed, some of VP Harris’ investments have been made individually, while others are joint ventures alongside her husband, Douglas Emhoff. Notably, an overview of her investment portfolio shows a large concentration in mutual funds and exchange-traded funds (ETF).
For 2024, her stock portfolio has shown positive performance across several investments. Below is a breakdown of the returns on some selected products.
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iShares Core MSCI EAFE ETF (IEFA)
The iShares Core MSCI EAFE ETF tracks the performance of the MSCI EAFE Index, which includes large- and mid-cap stocks across 21 developed markets, excluding the US and Canada.
This ETF started the year at $69.58 and, as of July 18, is trading at $75, representing a gain of approximately 8.07%, potentially reflecting an international solid equity market performance.
Vanguard Total Stock Market Index Fund (VTSAX)
VTSAX aims to track the performance of the CRSP US Total Market Index, which includes nearly 100% of the investable US stock market across large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange (NYSE) and NASDAQ. At the start of the year, the fund was trading at $114.76 and has risen to $133.92.
These values reflect a rise of about 16.71%. Notably, this aligns with the robustness of the US stock market in 2024, with the tech-heavy Nasdaq among the key winners.
Dodge & Cox Stock Fund (DODGX)
The Dodge & Cox Stock Fund primarily invests in a diversified portfolio of equity securities, with an emphasis on large-cap value stocks.
DODGX opened 2024 at $244 and is now trading at $265.97, marking an increase of around 9.03%.
Vanguard Small-Cap Value Index Fund ETF (VBR)
The Vanguard Small-Cap Value Index Fund ETF tracks the performance of the CRSP US Small Cap Value Index, which measures the investment return of small-capitalization value stocks.
Trading at $179 on January 1, the VBR has appreciated to $196 by mid-July, representing a gain of about 9.50%. This performance indicates a favorable environment for small-cap value stocks, coinciding with a period when the market is witnessing a shift in capital from large tech stocks to small-cap equities.
iShares Broad USD Investment Grade Corporate Bond ETF (USIG)
The iShares Broad USD Investment Grade Corporate Bond ETF monitors the performance of the Bloomberg Barclays US Corporate Bond Index, which includes investment-grade corporate bonds.
The USIG started the year at $51.01 and is now trading slightly lower at $51, a minimal change, potentially indicating stability in the investment-grade corporate bond market.
Overall, Harris’ stock portfolio has shown resilience and growth in 2024, with most holdings outperforming or maintaining their value.
The performance of her portfolio plays a key role in Kamala Harris’ net worth, which encompasses other assets such as real estate, bank deposits, and retirement plans.
