- What does VIGAX invest in?
- Vanguard Growth Index Fund Admiral Shares (VIGAX) is a passively managed, low-cost investment vehicle that primarily allocates capital to equities of large-capitalization U.S. companies. These companies operate in market segments poised for faster expansion compared to the overall economy. Its objective is to mirror the performance of a specific broad growth index by holding a representative sample, or virtually all, of the securities within that benchmark, employing a long-term, buy-and-hold methodology. While exposed to general market fluctuations, a distinct risk lies in its concentration on large-cap growth stocks, which may, at certain periods, underperform the broader equity market. Regarding 75% of its total portfolio, the fund adheres to specific diversification constraints: it may not acquire more than 10% of the voting shares of any single issuer, nor allocate over 5% of its total assets to the securities of a single issuer. An exception to these limitations is granted when necessary to closely replicate the composition of its target index. Furthermore, these restrictions do not apply to investments in obligations issued by the U.S. government or its agencies and instrumentalities.
- What is the expense ratio of VIGAX?
- Vanguard Growth Index Fund Admiral Shares (VIGAX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VIGAX?
- Vanguard Growth Index Fund Admiral Shares (VIGAX) manages $378.80B 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 VIGAX actively managed or an index fund?
- VIGAX 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 (VIGAX's is 0.05%) because there's no security selection cost.
- When was VIGAX launched?
- Vanguard Growth Index Fund Admiral Shares (VIGAX) launched in November 2000 and is managed by Vanguard.
- How has VIGAX performed?
- VIGAX'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.
