# Vanguard Morningstar Growth ETF (VUG): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vug for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Large Cap Equity - Strategy: Thematic · Inception: 2004-01-26 This exchange-traded fund (ETF) is designed to mirror the investment performance of the CRSP US Large Cap Growth Index. It provides investors with a straightforward avenue to gain exposure to a broad spectrum of America's leading growth-oriented enterprises. The fund operates on a passively managed basis, utilizing a full-replication methodology to meticulously track its benchmark index. For approximately 75% of its total holdings, the fund adheres to strict concentration guidelines: it is generally prohibited from purchasing more than 10% of the voting shares of any single issuer or allowi... ## Key Facts | Metric | Value | |---|---| | Price | $87.17 | | Expense Ratio | 0.03% | | Assets Under Management | $392.20B | | NAV | $87.07 | | Holdings Count | 166 | | Distribution Yield (TTM) | 0.40% | | Annual Distribution (TTM) | $0.35 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $69.63 – $93.00 | | Beta | 1.27 | ## Latest Distribution - Amount: $0.0910 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does VUG invest in? This exchange-traded fund (ETF) is designed to mirror the investment performance of the CRSP US Large Cap Growth Index. It provides investors with a straightforward avenue to gain exposure to a broad spectrum of America's leading growth-oriented enterprises. The fund operates on a passively managed basis, utilizing a full-replication methodology to meticulously track its benchmark index. For approximately 75% of its total holdings, the fund adheres to strict concentration guidelines: it is generally prohibited from purchasing more than 10% of the voting shares of any single issuer or allowing its investment in any one issuer to exceed 5% of its overall assets. However, these limits may be adjusted if necessary to closely match the composition of its target index, and they do not apply to securities issued by the U.S. government or its associated agencies. ### What is the expense ratio of VUG? Vanguard Morningstar Growth ETF (VUG) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VUG? Vanguard Morningstar Growth ETF (VUG) manages $392.20B 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 VUG actively managed or an index fund? VUG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VUG launched? Vanguard Morningstar Growth ETF (VUG) launched in January 2004 and is managed by Vanguard. ### How has VUG performed? VUG'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 VUG pay a dividend? Vanguard Morningstar Growth ETF (VUG) currently distributes little or no income. Trailing-twelve-month yield is 0.40%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VUG pay dividends? Vanguard Morningstar Growth ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VUG's dividend yield? VUG's trailing-twelve-month yield is 0.40%, calculated from the sum of dividends over the past year divided by the current price. ### When is VUG's next ex-dividend date? The most recently announced ex-dividend date for VUG 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 VUG's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.03% 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 VUG charge its expense ratio? The expense ratio is deducted in tiny daily slices from VUG'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 VUG cost more than a fund like VOO? VUG's strategy (current expense ratio 0.03%) 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 VUG sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VUG? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as VUG (0.03%) 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/vug - Distribution history: https://www.dividenddata.com/funds/vug/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vug/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vug/expenses - Peer comparison: https://www.dividenddata.com/funds/vug/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.