Vanguard Morningstar Large-Cap Index Fund Admiral Shares (VLCAX)

Fund Assets	74.94B
Expense Ratio	0.052%
Min. Investment	$3,000
Turnover	3.00%
Dividend (ttm)	1.79
Dividend Yield	1.01%
Dividend Growth	4.82%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 28, 2026

Previous Close	174.47
YTD Return	12.16%
1-Year Return	12.40%
5-Year Return	72.70%
52-Week Low	146.61
52-Week High	181.55
Beta (5Y)	1.01
Holdings	433
Inception Date	Feb 2, 2004

About VLCAX

This fund aims to deliver extensive, cost-efficient exposure to the large-capitalization market by allocating capital to U.S. equities that collectively represent the top 85% of domestic market value. Beyond the inherent volatility of the overall stock market, a key risk stems from its strategy of investing solely in substantial U.S. companies. This concentrated approach could potentially constrain its returns during periods when other market segments achieve superior growth. For long-term investors seeking to invest in prominent U.S. corporations, this fund could be a suitable option. Strict investment guidelines govern three-quarters of the fund's total assets. It is prohibited from acquiring more than 10% of any single issuer's outstanding voting shares, and no purchase should result in more than 5% of the fund's overall assets being allocated to one issuer's securities. These rules are waived only when essential for aligning the fund's composition with its target index. It's important to note that these restrictions do not extend to investments in U.S. government debt or its associated agencies.

• Fund Family: Vanguard
• Category: Large Blend
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VLCAX
• Share Class: Admiral Shares
• Index: CRSP US Large Cap Growth TR

Performance

VLCAX had a total return of 12.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.81%.

Equivalent ETF

VLCAX has an equivalent ETF with the ticker symbol VV, the Vanguard Morningstar Large-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 0.052% for VLCAX.

Symbol	Name	Expense Ratio
VV	Vanguard Morningstar Large-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
VLISX	Institutional Shares	0.03%
VLACX	Investor Shares	0.17%

Top 10 Holdings

39.42% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	8.11%
Apple Inc.	AAPL	7.54%
Microsoft Corporation	MSFT	5.91%
Amazon.com, Inc.	AMZN	3.75%
Alphabet Inc.	GOOGL	3.13%
Broadcom Inc.	AVGO	2.59%
Alphabet Inc.	GOOG	2.48%
Meta Platforms, Inc.	META	2.48%
Micron Technology, Inc.	MU	1.87%
Tesla, Inc.	TSLA	1.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.4456	Sep 29, 2026
Jun 26, 2026	$0.4834	Jun 29, 2026
Mar 27, 2026	$0.4292	Mar 30, 2026
Dec 22, 2025	$0.4303	Dec 23, 2025
Sep 29, 2025	$0.4091	Sep 30, 2025
Jun 30, 2025	$0.425	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

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