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

Fund Assets	33.50B
Expense Ratio	0.07%
Min. Investment	$3,000
Turnover	17.00%
Dividend (ttm)	0.77
Dividend Yield	0.59%
Dividend Growth	0.77%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 26, 2026

Previous Close	130.44
YTD Return	9.80%
1-Year Return	8.05%
5-Year Return	31.25%
52-Week Low	107.43
52-Week High	135.13
Beta (5Y)	1.08
Holdings	126
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 8.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.57%.

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 0.07% 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

20.85% of assets

Name	Symbol	Weight
Howmet Aerospace Inc.	HWM	2.57%
Quanta Services, Inc.	PWR	2.28%
Seagate Technology Holdings plc	STX	2.18%
Western Digital Corporation	WDC	2.14%
Vertiv Holdings Co	VRT	2.11%
Cloudflare, Inc.	NET	2.03%
Datadog, Inc.	DDOG	2.02%
Constellation Energy Corporation	CEG	1.94%
Ross Stores, Inc.	ROST	1.84%
Royal Caribbean Cruises Ltd.	RCL	1.75%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Mar 27, 2025	$0.1944	Mar 28, 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:

Aug 22, 2026

Data Sources Report a data error