Vanguard Financials Index Fund (VFAIX)

Fund Assets	14.44B
Expense Ratio	0.10%
Min. Investment	$100,000
Turnover	5.00%
Dividend (ttm)	1.03
Dividend Yield	1.59%
Dividend Growth	5.38%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 24, 2025

Previous Close	65.09
YTD Return	8.22%
1-Year Return	15.68%
5-Year Return	128.29%
52-Week Low	52.57
52-Week High	66.58
Beta (5Y)	1.12
Holdings	416
Inception Date	Feb 2, 2004

About VFAIX

The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

• Fund Family: Vanguard
• Category: Financial
• Stock Exchange: NASDAQ
• Ticker Symbol: VFAIX
• Share Class: Admiral Shares
• Index: MSCI USA Financials IMI 25/50 TR USD

Performance

VFAIX had a total return of 15.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.52%.

Equivalent ETF

VFAIX has an equivalent ETF with the ticker symbol VFH, the Vanguard Financials ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.10% compared to 0.10% for VFAIX.

Symbol	Name	Expense Ratio
VFH	Vanguard Financials ETF	0.10%

Top 10 Holdings

43.87% of assets

Name	Symbol	Weight
JPMorgan Chase & Co.	JPM	9.56%
Berkshire Hathaway Inc.	BRK.B	7.78%
Mastercard Incorporated	MA	5.82%
Visa Inc.	V	4.20%
Bank of America Corporation	BAC	4.14%
Wells Fargo & Company	WFC	3.02%
The Goldman Sachs Group, Inc.	GS	2.61%
Mktliq 12/31/2049	n/a	2.57%
American Express Company	AXP	2.12%
Morgan Stanley	MS	2.06%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2025	$0.2096	Sep 25, 2025
Jun 26, 2025	$0.237	Jun 27, 2025
Mar 25, 2025	$0.2559	Mar 26, 2025
Dec 18, 2024	$0.3293	Dec 19, 2024
Sep 27, 2024	$0.277	Sep 30, 2024
Jun 28, 2024	$0.2308	Jul 1, 2024