- What does VMGIX invest in?
- The investment seeks to track the performance of the CRSP US Mid Cap Growth Index that measures the investment return of mid-capitalization growth stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Growth Index, a broadly diversified index of growth stocks of mid-size U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
- What is the expense ratio of VMGIX?
- Vanguard Mid-Cap Growth Index Fund Investor Shares (VMGIX) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VMGIX?
- Vanguard Mid-Cap Growth Index Fund Investor Shares (VMGIX) manages $27.37B 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 VMGIX actively managed or an index fund?
- VMGIX 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 (VMGIX's is 0.19%) because there's no security selection cost.
- When was VMGIX launched?
- Vanguard Mid-Cap Growth Index Fund Investor Shares (VMGIX) launched in August 2006 and is managed by Vanguard.
- How has VMGIX performed?
- VMGIX'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.
