# Vanguard Extended Market Index Fund Institutional Shares (VIEIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vieix 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: Passive Index · Inception: 1997-07-07 This fund offers investors an economical and comprehensive avenue to access U.S. equities from companies outside the very largest corporations. Comprising roughly 3,000 distinct holdings, it provides significant diversification across numerous sectors, collectively representing approximately one-quarter of the total market capitalization of the American stock market. However, investors should be aware that its dedicated focus on these smaller-to-mid-sized companies means it is inherently subject to greater market volatility compared to funds concentrated on larger, more established corporat... ## Key Facts | Metric | Value | |---|---| | Price | $176.60 | | Expense Ratio | 0.04% | | AUM (All Share Classes) | $91.20B | | NAV | $176.60 | | Holdings Count | 3379 | | Distribution Yield (TTM) | 1.05% | | Annual Distribution (TTM) | $1.85 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $148.97 – $190.05 | | Beta | 1.14 | ## Latest Distribution - Amount: $0.4292 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does VIEIX invest in? This fund offers investors an economical and comprehensive avenue to access U.S. equities from companies outside the very largest corporations. Comprising roughly 3,000 distinct holdings, it provides significant diversification across numerous sectors, collectively representing approximately one-quarter of the total market capitalization of the American stock market. However, investors should be aware that its dedicated focus on these smaller-to-mid-sized companies means it is inherently subject to greater market volatility compared to funds concentrated on larger, more established corporations. This fund is specifically designed to act as an ideal counterpart to the Vanguard 500 Index Fund, as the combination of both vehicles delivers full, diversified representation across the entirety of the U.S. equity landscape. ### What is the expense ratio of VIEIX? Vanguard Extended Market Index Fund Institutional Shares (VIEIX) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VIEIX? Vanguard Extended Market Index Fund Institutional Shares (VIEIX) is one share class of a fund that manages $91.20B across all of its share classes (VEMPX, VEXAX, VXF report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VIEIX actively managed or an index fund? VIEIX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VIEIX's is 0.04%) because there's no security selection cost. ### When was VIEIX launched? Vanguard Extended Market Index Fund Institutional Shares (VIEIX) launched in July 1997 and is managed by Vanguard. ### How has VIEIX performed? VIEIX'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 VIEIX pay a dividend? Vanguard Extended Market Index Fund Institutional Shares (VIEIX) 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 VIEIX pay dividends? Vanguard Extended Market Index Fund Institutional 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 VIEIX's dividend yield? VIEIX'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 VIEIX's next ex-dividend date? The most recently announced ex-dividend date for VIEIX 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 VIEIX'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 VIEIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VIEIX'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 VIEIX cost more than a fund like VOO? VIEIX is a passive index fund (current expense ratio 0.04%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to VIEIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VIEIX (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/vieix - Distribution history: https://www.dividenddata.com/funds/vieix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vieix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vieix/expenses - Peer comparison: https://www.dividenddata.com/funds/vieix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.