Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX)
| Fund Assets | 1.64B |
| Expense Ratio | 0.08% |
| Min. Investment | $5,000,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 3.37 |
| Dividend Yield | 0.67% |
| Dividend Growth | -10.58% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 504.24 |
| YTD Return | 5.14% |
| 1-Year Return | 22.25% |
| 5-Year Return | 34.00% |
| 52-Week Low | 365.10 |
| 52-Week High | 534.77 |
| Beta (5Y) | n/a |
| Holdings | 244 |
| Inception Date | Dec 15, 2010 |
About VMFGX
The Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares is a passively managed mutual fund that aims to replicate the investment performance of the S&P MidCap 400 Growth Index. This benchmark comprises U.S. mid-sized companies identified as growth stocks, using criteria such as sales growth, earnings change relative to price, and market momentum. The fund adopts a full-replication strategy, investing in all or substantially all of the stocks in the index in approximately the same proportions as their index weights. With a portfolio typically consisting of 200 to 250 holdings, it offers broad diversification across sectors, with notable representation in industrials, technology, consumer cyclical, and basic materials. This institutional share class is designed for professional investors, featuring a low expense ratio and a significant minimum investment threshold. By providing targeted exposure to U.S. mid-cap growth equities, the fund serves as a core component for institutional portfolios seeking to capture the growth potential of midsize domestic companies while minimizing individual stock risk through comprehensive index tracking.
Performance
VMFGX had a total return of 22.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.60%.
Equivalent ETF
VMFGX has an equivalent ETF with the ticker symbol IVOG, the Vanguard S&P Mid-Cap 400 Growth ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.15% compared to 0.08% for VMFGX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| IVOG | Vanguard S&P Mid-Cap 400 Growth ETF | 0.15% |
Top 10 Holdings
15.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Lumentum Holdings Inc. | LITE | 2.76% |
| Coherent Corp. | COHR | 2.26% |
| TechnipFMC plc | FTI | 1.49% |
| Curtiss-Wright Corporation | CW | 1.43% |
| Casey's General Stores, Inc. | CASY | 1.42% |
| XPO, Inc. | XPO | 1.37% |
| Royal Gold, Inc. | RGLD | 1.35% |
| Flex Ltd. | FLEX | 1.29% |
| Woodward, Inc. | WWD | 1.29% |
| ATI Inc. | ATI | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $3.3673 | Dec 23, 2025 |
| Dec 23, 2024 | $3.7659 | Dec 24, 2024 |
| Dec 19, 2023 | $4.7512 | Dec 20, 2023 |
| Dec 19, 2022 | $3.7929 | Dec 20, 2022 |
| Dec 20, 2021 | $2.2422 | Dec 21, 2021 |
| Dec 21, 2020 | $2.7998 | Dec 22, 2020 |