Vanguard MStar Mid Cap Value Index Inv (VMVIX)

Fund Assets	38.96B
Expense Ratio	0.19%
Min. Investment	$3,000
Turnover	23.00%
Dividend (ttm)	1.37
Dividend Yield	1.72%
Dividend Growth	-0.95%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 26, 2026

Previous Close	79.55
YTD Return	15.03%
1-Year Return	19.21%
5-Year Return	60.54%
52-Week Low	66.48
52-Week High	83.06
Beta (5Y)	1.21
Holdings	176
Inception Date	Aug 24, 2006

About VMVIX

Vanguard Mid-Cap Value Index Fund Investor Shares is an open-end mutual fund that aims to track the performance of the CRSP US Mid Cap Value Index. Its primary focus is on providing broad exposure to U.S. mid-capitalization companies that are considered undervalued relative to peers, typically identified by lower price-to-book and price-to-earnings ratios. The fund takes a market-cap-weighted approach, investing in a diverse mix of approximately 190 stocks, which helps control volatility by giving larger positions to bigger, more stable firms while minimizing exposure to riskier, smaller companies. Key sectors include financials, utilities, and industrials, with financial stocks receiving a slightly heavier allocation than typical category peers. Vanguard Mid-Cap Value Index Fund is widely recognized for its low expense ratio and efficient turnover, contributing to its appeal for investors seeking cost-effective access to this segment of the market. The fund’s structure and disciplined index-tracking strategy make it a significant vehicle for investors looking to capture the long-term performance benefits of mid-cap value stocks within a diversified portfolio.

• Fund Family: Vanguard
• Category: Mid-Cap Value
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: VMVIX
• Share Class: Investor Shares
• Index: CRSP US Mid Cap Value TR

Performance

VMVIX had a total return of 19.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.19%.

Equivalent ETF

VMVIX has an equivalent ETF with the ticker symbol VOE, the Vanguard Morningstar Mid-Cap Value 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 0.19% for VMVIX.

Symbol	Name	Expense Ratio
VOE	Vanguard Morningstar Mid-Cap Value ETF	0.05%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VMVAX	Admiral Shares	0.07%

Top 10 Holdings

13.88% of assets

Name	Symbol	Weight
Marathon Petroleum Corporation	MPC	1.81%
Valero Energy Corporation	VLO	1.77%
Phillips 66	PSX	1.64%
SLB N.V.	SLB	1.49%
Cummins Inc.	CMI	1.29%
General Motors Company	GM	1.29%
Target Corporation	TGT	1.21%
Hewlett Packard Enterprise Company	HPE	1.15%
Warner Bros. Discovery, Inc.	WBD	1.13%
Arthur J. Gallagher & Co.	AJG	1.12%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 26, 2026	$0.3346	Jun 29, 2026
Mar 27, 2026	$0.368	Mar 30, 2026
Dec 22, 2025	$0.3464	Dec 23, 2025
Sep 29, 2025	$0.3226	Sep 30, 2025
Jun 30, 2025	$0.3207	Jul 1, 2025
Mar 27, 2025	$0.3939	Mar 28, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 24, 2026

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