# Vanguard Morningstar Institutional Total Stk Mkt Ix Fd;Inst Plus (VITPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vitpx 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: Passive Index · Inception: 2001-05-31 This fund aims to closely mirror the investment performance of the CRSP US Total Market Index. It achieves this by holding a diverse portfolio of U.S. stocks, spanning companies of all market capitalizations—large, mid, and small—and across both growth-oriented and value-oriented investment approaches. The fund is managed passively, utilizing an index sampling technique instead of active stock selection. For at least 75% of its total assets, the fund adheres to specific concentration limits: it generally avoids acquiring more than 10% of any single company's outstanding voting shares, and i... ## Key Facts | Metric | Value | |---|---| | Price | $121.40 | | Expense Ratio | 0.02% | | AUM (All Share Classes) | $32.20B | | NAV | $121.40 (2026-11-06 close) | | Holdings Count | 3028 | | Distribution Yield (TTM) | 2.37% | | Annual Distribution (TTM) | $2.88 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $104.56 – $128.91 | | Beta | 1.02 | ## Latest Distribution - Amount: $0.3255 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does VITPX invest in? This fund aims to closely mirror the investment performance of the CRSP US Total Market Index. It achieves this by holding a diverse portfolio of U.S. stocks, spanning companies of all market capitalizations—large, mid, and small—and across both growth-oriented and value-oriented investment approaches. The fund is managed passively, utilizing an index sampling technique instead of active stock selection. For at least 75% of its total assets, the fund adheres to specific concentration limits: it generally avoids acquiring more than 10% of any single company's outstanding voting shares, and it typically refrains from investing over 5% of its entire portfolio in the securities of one issuer. However, these limitations may be overridden if necessary to accurately replicate the composition of its benchmark index. It's also important to note that these investment restrictions do not apply to obligations issued by the U.S. government or its associated agencies and instrumentalities. ### What is the expense ratio of VITPX? Vanguard Morningstar Institutional Total Stk Mkt Ix Fd;Inst Plus (VITPX) charges an expense ratio of 0.02%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VITPX? Vanguard Morningstar Institutional Total Stk Mkt Ix Fd;Inst Plus (VITPX) is one share class of a fund that manages $32.20B across all of its share classes (VITNX reports 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 VITPX actively managed or an index fund? VITPX 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 (VITPX's is 0.02%) because there's no security selection cost. ### When was VITPX launched? Vanguard Morningstar Institutional Total Stk Mkt Ix Fd;Inst Plus (VITPX) launched in May 2001 and is managed by Vanguard. ### How has VITPX performed? VITPX'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 VITPX pay a dividend? Vanguard Morningstar Institutional Total Stk Mkt Ix Fd;Inst Plus (VITPX) currently distributes little or no income. Trailing-twelve-month yield is 2.37%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VITPX pay dividends? Vanguard Morningstar Institutional Total Stk Mkt Ix Fd;Inst Plus pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VITPX's dividend yield? VITPX's trailing-twelve-month yield is 2.37%, calculated from the sum of dividends over the past year divided by the current price. ### When is VITPX's next ex-dividend date? The most recently announced ex-dividend date for VITPX 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 VITPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.02% 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 VITPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VITPX'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 VITPX cost more than a fund like VOO? VITPX is a passive index fund (current expense ratio 0.02%). 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 VITPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VITPX (0.02%) 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/vitpx - Distribution history: https://www.dividenddata.com/funds/vitpx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vitpx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vitpx/expenses - Peer comparison: https://www.dividenddata.com/funds/vitpx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.