Vanguard Mid-Cap Value Index Fund Admiral Shares

Frequently Asked Questions About VMVAX

What does VMVAX invest in?

This affordable index fund offers a pathway to investing in a range of U.S. companies with medium market capitalizations that fall into the 'value' category. These value enterprises are generally identified as businesses whose stock prices are trading below their inherent worth, potentially due to temporary market underappreciation. Such companies typically experience a slower pace of growth when compared to the broader universe of mid-sized firms. A significant risk factor for this investment is that mid-capitalization securities are known to exhibit greater price volatility than stocks of larger, more established companies. It represents a suitable option for investors looking to integrate a passively managed allocation of mid-sized, value-focused companies into an existing, well-diversified investment portfolio.

What is the expense ratio of VMVAX?

Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VMVAX?

Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) is one share class of a fund that manages $36.70B across all of its share classes (VOE 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 VMVAX actively managed or an index fund?

VMVAX 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 (VMVAX's is 0.07%) because there's no security selection cost.

When was VMVAX launched?

Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) launched in September 2011 and is managed by Vanguard.

How has VMVAX performed?

VMVAX'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.