Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

18.31

+0.06 (0.33%)

At close: Nov 13, 2026

Fund Assets	2.07B
Expense Ratio	0.205%
Min. Investment	$3,000
Turnover	43.00%
Dividend (ttm)	0.39
Dividend Yield	2.14%
Dividend Growth	32.84%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	18.25
YTD Return	16.11%
1-Year Return	16.29%
5-Year Return	69.15%
52-Week Low	15.73
52-Week High	18.31
Beta (5Y)	0.48
Holdings	227
Inception Date	Dec 12, 2013

About VMVFX

This investment vehicle primarily allocates capital to a diversified portfolio of U.S. and international equities, with the explicit aim of moderating overall volatility compared to the performance of the worldwide stock market. Its strategy for achieving lower risk involves a meticulous assessment of individual stock characteristics, focusing on their inherent risk and their potential to enhance portfolio diversification. Furthermore, the fund actively endeavors to mitigate the majority of currency risks associated with its non-U.S. equity positions through hedging. Although the core objective of this fund is to temper the fluctuations inherent in global stock investments, it's important to set realistic expectations. Investors should not anticipate that a low- or minimum-volatility approach will consistently outperform, or even mirror, the broader global equity market across extended time horizons. Generally, investors can anticipate that a fund employing a minimum volatility strategy will tend to outperform the wider global market during severe economic contractions but conversely, will likely underperform during periods of vigorous market expansion.

Fund Family Vanguard

Category World Large-Stock Blend

Performance Rating Below Average

Risk Rating Low

Stock Exchange Nasdaq

Ticker Symbol VMVFX

Share Class Investor Shares

Index Index is not available on Lipper Database

Performance

VMVFX had a total return of 16.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.91%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VMNVX	Admiral Shares	0.14%

Top 10 Holdings

15.83% of assets

Name	Symbol	Weight
ASE Technology Holding Co., Ltd.	ASX	1.78%
Microsoft Corporation	MSFT	1.72%
Taiwan Semiconductor Manufacturing Company Limited	TSM	1.72%
Shell plc	SHEL	1.61%
NVIDIA Corporation	NVDA	1.55%
The Coca-Cola Company	KO	1.55%
Motorola Solutions, Inc.	MSI	1.52%
Samsung Electronics Co., Ltd.	005935	1.46%
Republic Services, Inc.	RSG	1.46%
Cisco Systems, Inc.	CSCO	1.45%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.57373	Dec 22, 2025
Dec 18, 2024	$0.57964	Dec 19, 2024
Dec 15, 2023	$0.4297	Dec 18, 2023
Dec 14, 2022	$0.66717	Dec 15, 2022
Dec 15, 2021	$0.5053	Dec 16, 2021
Dec 16, 2020	$0.2767	Dec 17, 2020

Full Dividend History