Vanguard Morningstar Mid-Cap Growth Index Fund Admiral Shares (VMGMX)

Fund Assets	32.38B
Expense Ratio	0.068%
Min. Investment	$3,000
Turnover	17.00%
Dividend (ttm)	0.75
Dividend Yield	0.60%
Dividend Growth	-4.28%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 28, 2026

Previous Close	124.88
YTD Return	3.72%
1-Year Return	1.13%
5-Year Return	13.70%
52-Week Low	107.43
52-Week High	135.13
Beta (5Y)	1.08
Holdings	121
Inception Date	Sep 27, 2011

About VMGMX

This cost-efficient index fund offers investment in U.S. growth companies with medium market capitalizations. These businesses generally demonstrate faster expansion rates than the average mid-sized firm. The fund's primary goal is to replicate a growth-focused index of medium-sized companies, whose shares are typically more volatile than those of larger corporations. This increased potential for price fluctuations represents a significant risk of the fund. It may be an attractive choice for investors looking to add a passively managed, mid-cap growth allocation as part of an already varied investment portfolio.

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

Performance

VMGMX had a total return of 1.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.95%.

Equivalent ETF

VMGMX has an equivalent ETF with the ticker symbol VOT, the Vanguard Morningstar Mid-Cap Growth ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.05% compared to 0.068% for VMGMX.

Symbol	Name	Expense Ratio
VOT	Vanguard Morningstar Mid-Cap Growth ETF	0.05%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VMGIX	Investor Shares	0.19%

Top 10 Holdings

21.19% of assets

Name	Symbol	Weight
Cloudflare, Inc.	NET	2.65%
Quanta Services, Inc.	PWR	2.28%
Vertiv Holdings Co	VRT	2.19%
Datadog, Inc.	DDOG	2.17%
Howmet Aerospace Inc.	HWM	2.13%
Robinhood Markets, Inc.	HOOD	2.10%
Lumentum Holdings Inc.	LITE	2.06%
Constellation Energy Corporation	CEG	2.02%
Bloom Energy Corporation	BE	1.83%
Ross Stores, Inc.	ROST	1.77%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.1611	Sep 29, 2026
Jun 26, 2026	$0.1654	Jun 29, 2026
Mar 27, 2026	$0.216	Mar 30, 2026
Dec 22, 2025	$0.2059	Dec 23, 2025
Sep 29, 2025	$0.1866	Sep 30, 2025
Jun 30, 2025	$0.1836	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 14, 2026

Data Sources Report a data error