Vanguard Value Index Fund Institutional Shares (VIVIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
70.44
+0.65 (0.93%)
Jul 23, 2025, 4:00 PM EDT
0.93%
Fund Assets195.18B
Expense Ratio0.04%
Min. Investment$5,000,000
Turnover9.00%
Dividend (ttm)1.51
Dividend Yield2.16%
Dividend Growth-1.98%
Payout FrequencyQuarterly
Ex-Dividend DateJun 30, 2025
Previous Close69.79
YTD Return7.89%
1-Year Return11.33%
5-Year Return95.22%
52-Week Low59.98
52-Week High70.89
Beta (5Y)n/a
Holdings334
Inception DateJul 2, 1998

About VIVIX

Vanguard Value Index Fund Institutional Shares is a mutual fund that seeks to provide broad exposure to large-capitalization value stocks within the U.S. equity market. The fund employs an indexing strategy to track the performance of the CRSP US Large Cap Value Index, which focuses on companies characterized by lower valuations, slower growth projections, and generally higher dividend yields compared to growth stocks. The portfolio comprises a diversified mix of over 330 securities, with the largest sector allocation typically in financial services, alongside significant holdings in consumer staples, healthcare, and energy companies. The fund is designed for institutional investors, as reflected by its high minimum initial investment and exceptionally low expense ratio of 0.04%. It distributes dividends quarterly and capital gains annually, making it suitable for investors seeking consistent income alongside long-term capital appreciation. By maintaining a market-cap-weighted and fully invested portfolio, the fund minimizes turnover and transaction costs, striving to closely mirror the risk and return characteristics of its benchmark. As a result, Vanguard Value Index Fund Institutional Shares plays a significant role in institutional asset allocations, providing cost-efficient access to the value segment of the large-cap U.S. stock universe.

Fund Family Vanguard
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol VIVIX
Share Class Institutional Shares
Index CRSP US Large Cap Value TR

Performance

VIVIX had a total return of 11.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.46%.

Equivalent ETF

VIVIX has an equivalent ETF with the ticker symbol VTV, the Vanguard Value ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.04% compared to 0.04% for VIVIX.

SymbolNameExpense Ratio
VTVVanguard Value ETF0.04%

Other Share Classes

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

SymbolShare ClassExpense Ratio
VVIAXAdmiral Shares0.05%
VIVAXInvestor Shares0.17%

Top 10 Holdings

20.58% of assets
NameSymbolWeight
Berkshire Hathaway Inc.BRK.B3.59%
JPMorgan Chase & Co.JPM3.40%
Exxon Mobil CorporationXOM2.07%
Walmart Inc.WMT2.03%
The Procter & Gamble CompanyPG1.86%
Johnson & JohnsonJNJ1.74%
The Home Depot, Inc.HD1.71%
AbbVie Inc.ABBV1.53%
Bank of America CorporationBAC1.34%
Philip Morris International Inc.PM1.31%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.3758Jul 1, 2025
Mar 27, 2025$0.3952Mar 28, 2025
Dec 23, 2024$0.3824Dec 24, 2024
Sep 26, 2024$0.3567Sep 27, 2024
Jun 27, 2024$0.3959Jun 28, 2024
Mar 21, 2024$0.3926Mar 22, 2024
Full Dividend History