Vanguard Mid-Cap Index Fund Institutional Plus Shares

Frequently Asked Questions About VMCPX

What does VMCPX invest in?

This economical index fund offers extensive exposure to U.S. companies with medium market capitalizations. Its primary objective is to mirror the performance of an index comprising such mid-sized enterprises, whose stock prices often exhibit more significant fluctuations compared to larger corporations. Consequently, this elevated market volatility represents a principal risk associated with the fund. It is an ideal consideration for investors seeking to integrate a passively managed allocation to mid-cap equities into an already diverse investment portfolio.

What is the expense ratio of VMCPX?

Vanguard Mid-Cap Index Fund Institutional Plus Shares (VMCPX) charges an expense ratio of 0.02%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VMCPX?

Vanguard Mid-Cap Index Fund Institutional Plus Shares (VMCPX) manages $224.00B 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 VMCPX actively managed or an index fund?

VMCPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VMCPX launched?

Vanguard Mid-Cap Index Fund Institutional Plus Shares (VMCPX) launched in December 2010 and is managed by Vanguard.

How has VMCPX performed?

VMCPX'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.