# Vanguard Morningstar Small-Cap Growth Index Fund;Institutional (VSGIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vsgix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Small/Micro Cap Equity - Strategy: Thematic · Inception: 2000-05-24 This affordably managed index fund offers exposure to dynamic U.S. small-capitalization growth companies, which frequently demonstrate more rapid expansion than the broader market. The fund's strategy is to replicate a growth-focused benchmark composed of smaller businesses. A primary concern for investors is the fund's concentrated investment in the small-cap sector, an area of the market known for its considerable volatility. Individuals seeking to add a passively managed, growth-oriented small-cap component to an already diversified investment portfolio may find this fund to be a suitabl... ## Key Facts | Metric | Value | |---|---| | Price | $94.35 | | Expense Ratio | 0.05% | | Assets Under Management | $43.00B | | NAV | $94.35 | | Holdings Count | 574 | | Distribution Yield (TTM) | 0.42% | | Annual Distribution (TTM) | $0.40 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $79.18 – $103.12 | | Beta | 1.18 | ## Latest Distribution - Amount: $0.0856 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does VSGIX invest in? This affordably managed index fund offers exposure to dynamic U.S. small-capitalization growth companies, which frequently demonstrate more rapid expansion than the broader market. The fund's strategy is to replicate a growth-focused benchmark composed of smaller businesses. A primary concern for investors is the fund's concentrated investment in the small-cap sector, an area of the market known for its considerable volatility. Individuals seeking to add a passively managed, growth-oriented small-cap component to an already diversified investment portfolio may find this fund to be a suitable choice. ### What is the expense ratio of VSGIX? Vanguard Morningstar Small-Cap Growth Index Fund;Institutional (VSGIX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VSGIX? Vanguard Morningstar Small-Cap Growth Index Fund;Institutional (VSGIX) manages $43.00B 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 VSGIX actively managed or an index fund? VSGIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VSGIX launched? Vanguard Morningstar Small-Cap Growth Index Fund;Institutional (VSGIX) launched in May 2000 and is managed by Vanguard. ### How has VSGIX performed? VSGIX'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 VSGIX pay a dividend? Vanguard Morningstar Small-Cap Growth Index Fund;Institutional (VSGIX) currently distributes little or no income. Trailing-twelve-month yield is 0.42%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VSGIX pay dividends? Vanguard Morningstar Small-Cap Growth Index Fund;Institutional pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VSGIX's dividend yield? VSGIX's trailing-twelve-month yield is 0.42%, calculated from the sum of dividends over the past year divided by the current price. ### When is VSGIX's next ex-dividend date? The most recently announced ex-dividend date for VSGIX 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 VSGIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.05% 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 VSGIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VSGIX'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 VSGIX cost more than a fund like VOO? VSGIX's strategy (current expense ratio 0.05%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VSGIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VSGIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VSGIX (0.05%) 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/vsgix - Distribution history: https://www.dividenddata.com/funds/vsgix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vsgix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vsgix/expenses - Peer comparison: https://www.dividenddata.com/funds/vsgix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.