Vanguard MStar Small Cap Index Investor (NAESX)

Fund Assets	178.19B
Expense Ratio	0.167%
Min. Investment	$5,000,000
Turnover	17.00%
Dividend (ttm)	1.57
Dividend Yield	1.11%
Dividend Growth	4.86%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 28, 2026

Previous Close	140.39
YTD Return	15.51%
1-Year Return	17.10%
5-Year Return	33.49%
52-Week Low	115.63
52-Week High	148.15
Beta (5Y)	1.29
Holdings	1306
Inception Date	Oct 3, 1960

About NAESX

Vanguard Small-Cap Index Fund Investor Shares is a mutual fund designed to closely track the performance of the CRSP US Small Cap Index, providing broad exposure to small-capitalization companies across the United States. The fund achieves its objective through a passively managed indexing approach, investing substantially all assets in the component stocks of its benchmark and mirroring their respective weights. This approach allows the fund to capture the collective performance of a diverse cross-section of smaller U.S. businesses, which often operate in dynamic sectors such as industrials, consumer cyclical, technology, and energy. With more than 1,300 holdings, the fund offers considerable diversification and typically maintains a low portfolio turnover, contributing to its efficiency and cost-effectiveness. Its low expense ratio and absence of sales charges make it an accessible choice for investors seeking broad participation in the small-cap segment. Vanguard Small-Cap Index Fund Investor Shares plays a significant role in the marketplace as a core holding for those aiming to capitalize on the long-term growth potential of small U.S. companies while maintaining disciplined cost control.

• Fund Family: Vanguard
• Category: Small Blend
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NAESX
• Share Class: Investor Shares
• Index: CRSP US Small Cap TR

Performance

NAESX had a total return of 17.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.24%.

Equivalent ETF

NAESX has an equivalent ETF with the ticker symbol VB, the Vanguard Morningstar Small-Cap ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.03% compared to 0.167% for NAESX.

Symbol	Name	Expense Ratio
VB	Vanguard Morningstar Small-Cap ETF	0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
VSCPX	Institutional Plus Shares	0.02%
VSCIX	Institutional Shares	0.03%
VSMAX	Admiral Shares	0.05%

Top 10 Holdings

5.89% of assets

Name	Symbol	Weight
Slcmt1142	n/a	1.31%
Natera, Inc.	NTRA	0.72%
Twilio Inc.	TWLO	0.57%
Revolution Medicines, Inc.	RVMD	0.53%
Illumina, Inc.	ILMN	0.52%
Everpure, Inc.	P	0.52%
Okta, Inc.	OKTA	0.44%
Moderna, Inc.	MRNA	0.44%
EMCOR Group, Inc.	EME	0.42%
Credo Technology Group Holding Ltd	CRDO	0.42%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.3576	Sep 29, 2026
Jun 26, 2026	$0.378	Jun 29, 2026
Mar 27, 2026	$0.4234	Mar 30, 2026
Dec 22, 2025	$0.4082	Dec 23, 2025
Sep 29, 2025	$0.349	Sep 30, 2025
Jun 30, 2025	$0.3434	Jul 1, 2025

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 12, 2026

Data Sources Report a data error