# Vanguard Extended Market Index Fund Admiral Shares (VEXAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vexax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Mid Cap Equity - Strategy: Thematic · Inception: 2000-11-13 This fund provides investors with an economical method to gain extensive diversification across American companies with medium and small market capitalizations, all within one convenient offering. It holds shares in approximately 3,000 different enterprises, spanning numerous economic sectors, and collectively accounts for roughly one-quarter of the total valuation of the U.S. stock market. A primary risk associated with this fund is its exclusive focus on the mid- and small-cap segments, which are generally prone to greater price volatility compared to the large-cap market. Designed to be... ## Key Facts | Metric | Value | |---|---| | Price | $174.06 | | Expense Ratio | 0.05% | | Assets Under Management | $91.20B | | NAV | $174.06 | | Holdings Count | 3379 | | Distribution Yield (TTM) | 1.06% | | Annual Distribution (TTM) | $1.84 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $148.98 – $190.06 | | Beta | 1.14 | ## Latest Distribution - Amount: $0.4247 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does VEXAX invest in? This fund provides investors with an economical method to gain extensive diversification across American companies with medium and small market capitalizations, all within one convenient offering. It holds shares in approximately 3,000 different enterprises, spanning numerous economic sectors, and collectively accounts for roughly one-quarter of the total valuation of the U.S. stock market. A primary risk associated with this fund is its exclusive focus on the mid- and small-cap segments, which are generally prone to greater price volatility compared to the large-cap market. Designed to be paired with the Vanguard 500 Index Fund, these two investments combined offer complete coverage of the entire U.S. equity landscape. ### What is the expense ratio of VEXAX? Vanguard Extended Market Index Fund Admiral Shares (VEXAX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VEXAX? Vanguard Extended Market Index Fund Admiral Shares (VEXAX) manages $91.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VEXAX actively managed or an index fund? VEXAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VEXAX launched? Vanguard Extended Market Index Fund Admiral Shares (VEXAX) launched in November 2000 and is managed by Vanguard. ### How has VEXAX performed? VEXAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does VEXAX pay a dividend? Vanguard Extended Market Index Fund Admiral Shares (VEXAX) currently distributes little or no income. Trailing-twelve-month yield is 1.06%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VEXAX pay dividends? Vanguard Extended Market Index Fund Admiral Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VEXAX's dividend yield? VEXAX's trailing-twelve-month yield is 1.06%, calculated from the sum of dividends over the past year divided by the current price. ### When is VEXAX's next ex-dividend date? The most recently announced ex-dividend date for VEXAX was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VEXAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.05% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VEXAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VEXAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VEXAX cost more than a fund like VOO? VEXAX's strategy (current expense ratio 0.05%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VEXAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VEXAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VEXAX (0.05%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vexax - Distribution history: https://www.dividenddata.com/funds/vexax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vexax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vexax/expenses - Peer comparison: https://www.dividenddata.com/funds/vexax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.