# Vanguard 500 Index Fund Admiral Shares (VFIAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vfiax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Large Cap Equity - Strategy: Thematic · Inception: 2000-11-13 A pioneering offering for individual investors, the Vanguard 500 Index Fund Admiral Shares provides an economical avenue for gaining broad market participation in domestic equities. Comprising 500 of the United States' largest companies, this fund represents a wide cross-section of industries and accounts for roughly three-quarters of the total U.S. stock market capitalization. The principal risk is the inherent market volatility associated with its comprehensive exposure to equities. Due to its extensive diversification across the large-capitalization segment, it is often viewed as a found... ## Key Facts | Metric | Value | |---|---| | Price | $703.82 | | Expense Ratio | 0.04% | | Assets Under Management | $1.70T | | NAV | $703.82 | | Holdings Count | 504 | | Distribution Yield (TTM) | 1.05% | | Annual Distribution (TTM) | $7.42 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $585.37 – $721.63 | | Beta | 1.01 | ## Latest Distribution - Amount: $1.8186 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does VFIAX invest in? A pioneering offering for individual investors, the Vanguard 500 Index Fund Admiral Shares provides an economical avenue for gaining broad market participation in domestic equities. Comprising 500 of the United States' largest companies, this fund represents a wide cross-section of industries and accounts for roughly three-quarters of the total U.S. stock market capitalization. The principal risk is the inherent market volatility associated with its comprehensive exposure to equities. Due to its extensive diversification across the large-capitalization segment, it is often viewed as a foundational equity holding in an investment portfolio. For 75% of its total assets, the fund adheres to strict investment guidelines: specifically, it cannot acquire more than 10% of any single issuer's outstanding voting securities, nor can it invest over 5% of its total assets in a single issuer, except where such actions are necessary to closely track its benchmark index. These specific limitations, however, do not extend to obligations of the U.S. government or its agencies and instrumentalities. ### What is the expense ratio of VFIAX? Vanguard 500 Index Fund Admiral Shares (VFIAX) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VFIAX? Vanguard 500 Index Fund Admiral Shares (VFIAX) manages $1.70T 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 VFIAX actively managed or an index fund? VFIAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VFIAX launched? Vanguard 500 Index Fund Admiral Shares (VFIAX) launched in November 2000 and is managed by Vanguard. ### How has VFIAX performed? VFIAX'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 VFIAX pay a dividend? Vanguard 500 Index Fund Admiral Shares (VFIAX) currently distributes little or no income. Trailing-twelve-month yield is 1.05%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VFIAX pay dividends? Vanguard 500 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 VFIAX's dividend yield? VFIAX's trailing-twelve-month yield is 1.05%, calculated from the sum of dividends over the past year divided by the current price. ### When is VFIAX's next ex-dividend date? The most recently announced ex-dividend date for VFIAX was 2026-09-28. 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 VFIAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.04% 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 VFIAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VFIAX'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 VFIAX cost more than a fund like VOO? VFIAX's strategy (current expense ratio 0.04%) 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 VFIAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VFIAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VFIAX (0.04%) 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/vfiax - Distribution history: https://www.dividenddata.com/funds/vfiax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vfiax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vfiax/expenses - Peer comparison: https://www.dividenddata.com/funds/vfiax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.