# Vanguard Emerging Markets Select Stock Fund (VMMSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vmmsx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Emerging Markets Equity - Strategy: Actively Managed · Inception: 2011-06-27 This actively managed fund is designed to provide exposure predominantly to developing markets located beyond the United States, offered at a relatively modest expense. While equities in these emerging regions typically experience greater price swings than those in established economies, this volatility also carries the potential for superior long-term returns. Nevertheless, this opportunity comes with inherent challenges such as currency fluctuations and political uncertainties. It presents a suitable option for long-term, risk-tolerant investors seeking to diversify their global asset all... ## Key Facts | Metric | Value | |---|---| | Price | $30.97 | | Expense Ratio | 0.82% | | Assets Under Management | $1.20B | | NAV | $30.97 | | Holdings Count | 237 | | Distribution Yield (TTM) | 2.10% | | Annual Distribution (TTM) | $0.65 /share | | Distribution Frequency | Annual | | 52-Week Range | $27.31 – $33.95 | | Beta | 0.95 | ## Latest Distribution - Amount: $0.6504 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does VMMSX invest in? This actively managed fund is designed to provide exposure predominantly to developing markets located beyond the United States, offered at a relatively modest expense. While equities in these emerging regions typically experience greater price swings than those in established economies, this volatility also carries the potential for superior long-term returns. Nevertheless, this opportunity comes with inherent challenges such as currency fluctuations and political uncertainties. It presents a suitable option for long-term, risk-tolerant investors seeking to diversify their global asset allocation. ### What is the expense ratio of VMMSX? Vanguard Emerging Markets Select Stock Fund (VMMSX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VMMSX? Vanguard Emerging Markets Select Stock Fund (VMMSX) manages $1.20B 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 VMMSX actively managed or an index fund? VMMSX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VMMSX's is 0.82%) in exchange for the discretion to over- or under-weight positions. ### When was VMMSX launched? Vanguard Emerging Markets Select Stock Fund (VMMSX) launched in June 2011 and is managed by Vanguard. ### How has VMMSX performed? VMMSX'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 VMMSX pay a dividend? Vanguard Emerging Markets Select Stock Fund (VMMSX) currently distributes little or no income. Trailing-twelve-month yield is 2.10%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VMMSX pay dividends? Vanguard Emerging Markets Select Stock Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VMMSX's dividend yield? VMMSX's trailing-twelve-month yield is 2.10%, calculated from the sum of dividends over the past year divided by the current price. ### When is VMMSX's next ex-dividend date? The most recently announced ex-dividend date for VMMSX was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will VMMSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.82% 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 VMMSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VMMSX'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 VMMSX cost more than a fund like VOO? VMMSX is actively managed (current expense ratio 0.82%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VMMSX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VMMSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VMMSX (0.82%) 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/vmmsx - Distribution history: https://www.dividenddata.com/funds/vmmsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vmmsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vmmsx/expenses - Peer comparison: https://www.dividenddata.com/funds/vmmsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.