- What does VSMPX invest in?
- Established in 1992, the Vanguard Total Stock Market Index Fund Institutional Plus Shares provides investors with comprehensive access to the entire U.S. equity market, encompassing small-, mid-, and large-capitalization companies, as well as both growth and value investment approaches. Its key characteristics are its low expenses, extensive diversification, and the potential for tax efficiency. This fund is particularly suitable for those seeking an economical means to gain broad U.S. stock market exposure, provided they are prepared for the inherent volatility of equity investing. It can serve as a primary equity holding or even as the sole domestic stock component within a portfolio. For 75% of its total assets, the fund must adhere to specific limitations: it cannot purchase more than 10% of the outstanding voting securities of any single company, nor can more than 5% of its total assets be invested in any one issuer's securities, unless such an allocation is necessary to accurately replicate its target index. These restrictions do not apply to investments in obligations issued or guaranteed by the U.S. government.
- What is the expense ratio of VSMPX?
- Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) charges an expense ratio of 0.02%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VSMPX?
- Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) manages $2.30T 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 VSMPX actively managed or an index fund?
- VSMPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was VSMPX launched?
- Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) launched in April 2015 and is managed by Vanguard.
- How has VSMPX performed?
- VSMPX'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.
