Vanguard Mid-Cap Growth Fund Investor Shares (VMGRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

23.65

-0.89 (-3.63%)

Oct 30, 2026, 4:00 PM EDT

Fund Assets	2.73B
Expense Ratio	0.344%
Min. Investment	$3,000
Turnover	128.00%
Dividend (ttm)	0.06
Dividend Yield	0.25%
Dividend Growth	-87.95%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	24.54
YTD Return	-4.83%
1-Year Return	-6.12%
5-Year Return	0.79%
52-Week Low	20.89
52-Week High	29.84
Beta (5Y)	1.16
Holdings	54
Inception Date	Dec 31, 1997

About VMGRX

This actively managed fund primarily directs its investments toward the shares of medium-sized U.S. companies. Its management team specifically seeks out businesses that they believe demonstrate stronger prospects for growth in both earnings and revenue than the typical mid-capitalization firm. This option may appeal to investors who wish to gain exposure to the American mid-cap equity market and are prepared to tolerate the inherent volatility that comes with stock investments. A transition in investment managers for the Vanguard Mid-Cap Growth Fund took place on November 17, 2025. This change could lead to capital gains distributions, which may be taxable if your shares are held in a standard (taxable) account. Vanguard provides regular monthly updates on estimated realized and unrealized gains within the "Distributions" section of the fund's official website. The expense ratio for this Mid-Cap Growth Fund is set to increase from 33 basis points to 39 basis points. However, a 5 basis point fee waiver will be applied, bringing the effective expense ratio to 34 basis points.

Fund Family Vanguard

Category Mid-Cap Growth

Performance Rating Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol VMGRX

Share Class Investor Shares

Index Russell MidCap Growth TR

Performance

VMGRX had a total return of -6.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.25%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FMDGX	Fidelity	Fidelity Mid Cap Growth Index Fund	0.05%

Top 10 Holdings

34.42% of assets

Name	Symbol	Weight
Varonis Systems, Inc.	VRNS	4.18%
Semtech Corporation	SMTC	3.76%
MKS Inc.	MKSI	3.69%
Live Nation Entertainment, Inc.	LYV	3.44%
AIXTRON SE	AIXA	3.34%
Spotify Technology S.A.	SPOT	3.28%
Affirm Holdings, Inc.	AFRM	3.22%
Cloudflare, Inc.	NET	3.20%
FormFactor, Inc.	FORM	3.18%
Bloom Energy Corporation	BE	3.13%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$4.40949	Dec 18, 2025
Dec 18, 2024	$0.4854	Dec 19, 2024
Dec 19, 2023	$0.0909	Dec 20, 2023
Dec 19, 2022	$0.0492	Dec 20, 2022
Dec 20, 2021	$9.3207	Dec 21, 2021
Dec 21, 2020	$2.1138	Dec 22, 2020

Full Dividend History