Vanguard Real Estate Index Institutional (VGSNX)

Fund Assets	66.42B
Expense Ratio	0.114%
Min. Investment	$5,000,000
Turnover	7.00%
Dividend (ttm)	0.75
Dividend Yield	3.73%
Dividend Growth	-3.38%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 23, 2026

Previous Close	20.26
YTD Return	6.70%
1-Year Return	2.80%
5-Year Return	1.61%
52-Week Low	19.09
52-Week High	22.13
Beta (5Y)	0.84
Holdings	155
Inception Date	Dec 2, 2003

About VGSNX

This fund offers investors exposure to the real estate sector by investing in Real Estate Investment Trusts (REITs). These entities acquire and operate various income-producing properties, such as office buildings, hotels, and retail spaces. Given that REITs often exhibit performance trends that diverge from traditional stocks and bonds, this fund may enhance diversification within a portfolio already composed of equity and fixed-income assets. While it can potentially generate a higher dividend income stream than other funds, it does carry inherent risks. A significant risk factor is its concentrated focus exclusively on the real estate industry, which may result in increased volatility compared to more broadly diversified stock funds.

• Fund Family: Vanguard
• Category: Real Estate
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VGSNX
• Share Class: Institutional Shares
• Index: MSCI US Investable Market Real Est 25/50 TR USD

Performance

VGSNX had a total return of 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.68%.

Equivalent ETF

VGSNX has an equivalent ETF with the ticker symbol VNQ, the Vanguard Real Estate ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.13% compared to 0.114% for VGSNX.

Symbol	Name	Expense Ratio
VNQ	Vanguard Real Estate ETF	0.13%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VGSLX	Admiral Shares	0.13%
VGSIX	Investor Shares	0.27%

Top 10 Holdings

55.84% of assets

Name	Symbol	Weight
Vanguard Real Estate II Index	VRTPX	14.51%
Welltower Inc.	WELL	9.12%
Prologis, Inc.	PLD	6.86%
Equinix, Inc.	EQIX	5.65%
American Tower Corporation	AMT	4.32%
Simon Property Group, Inc.	SPG	3.69%
Digital Realty Trust, Inc.	DLR	3.68%
Realty Income Corporation	O	2.85%
Public Storage	PSA	2.69%
Vivmark Residential	VMRK	2.46%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 23, 2026	$0.1775	Sep 24, 2026
Jun 24, 2026	$0.1887	Jun 25, 2026
Mar 24, 2026	$0.2085	Mar 25, 2026
Dec 22, 2025	$0.1766	Dec 23, 2025
Sep 24, 2025	$0.1921	Sep 25, 2025
Jun 26, 2025	$0.1913	Jun 27, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 29, 2026

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