Frequently Asked Questions About VTMNX

What does VTMNX invest in?

This passively managed investment offers an economical path to broad diversification across large, mid, and small-capitalization businesses operating in developed economies outside the U.S. As its investments are focused on international equities, this fund may exhibit more significant price fluctuations than those concentrated solely within the domestic market. In addition to the inherent risks of stock market investing, currency exchange rate volatility also presents a potential concern. Furthermore, if a substantial portion of the fund's capital is allocated to a single nation or geographic area, any underperformance in that specific region could have an outsized negative effect on the fund's overall returns. Long-term investors might find this fund to be a valuable addition, serving as a strategic counterbalance to a well-rounded U.S. equity portfolio.

What is the expense ratio of VTMNX?

Vanguard Developed Markets Index Fund Institutional Shares (VTMNX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VTMNX?

Vanguard Developed Markets Index Fund Institutional Shares (VTMNX) manages $313.50B 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 VTMNX actively managed or an index fund?

VTMNX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VTMNX launched?

Vanguard Developed Markets Index Fund Institutional Shares (VTMNX) launched in January 2001 and is managed by Vanguard.

How has VTMNX performed?

VTMNX'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.

VTMNX

Vanguard Developed Markets Index Fund Institutional Shares

NASDAQ·Asset Management · Financial Services

$22.27$0.31−1.37%

Market closed·Oct 22 4:00 PM EDT

Price Chart

$22.27−$0.31 (−1.37%)today

+32.72%CAGR +5.84%

Select date range

FromTo

Jan 4, 2001Oct 23, 2021 → Oct 22, 2026· 5.0 yrsOct 22, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.55

Distribution Yield (FWD)2.46%

Annual Distribution (TTM)$0.55

Distribution Yield (TTM)2.46%

Distribution Growth (5Y)−2.3%

FrequencyQuarterly

Most Recent$0.06

Ex-Dividend DateSep 18

Payment DateSep 21

DiversificationDiversification Tab

Holdings3,853

Top 10 Weight13.3%

Top 25 Weight22.1%

Effective Holdings246

Sectors12

Largest Holding005930.KS · 2.8%

Largest SectorFinancial Services · 24.0%

Asset ClassInternational Equity

StrategyThematic

Cost & RiskExpenses Tab

Expense Ratio0.03%

Cost per 10k Invested$3.00

AUM$313.50B

Avg Daily Volume—

Price$22.27

NAV$22.58

Premium / Discount−1.37%

52-Week Range$18.91 – $23.72

Beta0.97

Fund Overview

Cost Verdict

Is VTMNX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Vanguard
Asset Class: International Equity
Strategy: Thematic
Inception: January 4, 2001
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US9219438820
CUSIP: 921943882
Website: investor.vanguard.com/investment-products/mutual-funds/profile/vtmnx

Peers

Peers Tab

VTMGX

Vanguard Developed Markets Index Fund Admiral Shares

Cap

$315.8B

VEA

Vanguard FTSE Developed Markets ETF

Cap

$315.6B

VTV

Vanguard Morningstar Value ETF

Cap

$252.3B

Latest News

News Tab

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Frequently Asked Questions About VTMNX

What does VTMNX invest in?: This passively managed investment offers an economical path to broad diversification across large, mid, and small-capitalization businesses operating in developed economies outside the U.S. As its investments are focused on international equities, this fund may exhibit more significant price fluctuations than those concentrated solely within the domestic market. In addition to the inherent risks of stock market investing, currency exchange rate volatility also presents a potential concern. Furthermore, if a substantial portion of the fund's capital is allocated to a single nation or geographic area, any underperformance in that specific region could have an outsized negative effect on the fund's overall returns. Long-term investors might find this fund to be a valuable addition, serving as a strategic counterbalance to a well-rounded U.S. equity portfolio.
What is the expense ratio of VTMNX?: Vanguard Developed Markets Index Fund Institutional Shares (VTMNX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.
How big is VTMNX?: Vanguard Developed Markets Index Fund Institutional Shares (VTMNX) manages $313.50B 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 VTMNX actively managed or an index fund?: VTMNX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was VTMNX launched?: Vanguard Developed Markets Index Fund Institutional Shares (VTMNX) launched in January 2001 and is managed by Vanguard.
How has VTMNX performed?: VTMNX'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.