Vanguard Commodity Strategy Admiral (VCMDX)
| Fund Assets | 2.60B |
| Expense Ratio | 0.16% |
| Min. Investment | $50,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 3.96 |
| Dividend Yield | 13.39% |
| Dividend Growth | 611.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 29.65 |
| YTD Return | 15.03% |
| 1-Year Return | 25.37% |
| 5-Year Return | 67.49% |
| 52-Week Low | 25.59 |
| 52-Week High | 33.09 |
| Beta (5Y) | 0.26 |
| Holdings | 51 |
| Inception Date | Jun 25, 2019 |
About VCMDX
The Vanguard Commodity Strategy Fund Admiral Shares is designed to offer investors a dual benefit: safeguarding against inflationary pressures and enhancing the diversification of traditional stock and bond portfolios. To achieve this, the fund primarily invests in commodity-linked derivative instruments. Its objective is to optimize inflation protection while striving to outperform its specific benchmark and mitigate long-term volatility within a broadly diversified investment strategy. This commodity exposure is strategically underpinned by a blend of short-term Treasury Inflation-Protected Securities (TIPS) and Treasury bills (T-bills).
Performance
VCMDX had a total return of 25.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.87%.
Top 10 Holdings
42.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund - Vanguard Market Liquidity Fund | n/a | 8.34% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.1.125 10.15.30 | 4.10% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.1.625 04.15.30 | 4.07% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.1.625 10.15.29 | 3.94% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.2.125 04.15.29 | 3.80% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.2.375 10.15.28 | 3.78% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.1.625 10.15.27 | 3.64% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.0.125 04.15.27 | 3.56% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.1.25 04.15.28 | 3.56% |
| United States Treasury Inflation Indexed Bonds - TSY INFL IX N/B | TII.0.125 10.15.26 | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $3.9558 | Dec 18, 2025 |
| Dec 18, 2024 | $0.5559 | Dec 19, 2024 |
| Dec 19, 2023 | $0.6166 | Dec 20, 2023 |
| Dec 19, 2022 | $3.884 | Dec 20, 2022 |
| Dec 20, 2021 | $8.385 | Dec 21, 2021 |
| Dec 16, 2020 | $0.1336 | Dec 17, 2020 |