About VMVLX
Vanguard Mega Cap Value Index Fund Institutional Shares is an index mutual fund designed to provide broad exposure to the largest value-oriented companies in the U.S. equity market. The fund seeks to replicate the performance of the CRSP US Mega Cap Value Index, which is composed of the value segment of the mega-capitalization tier—representing the uppermost 70% of the U.S. equity universe by market capitalization. By employing a passively managed, full-replication investment strategy, the fund remains fully invested, offering diversified holdings across sectors like financial services, energy, technology, healthcare, and consumer goods. Notable holdings often include leading firms such as Berkshire Hathaway, JPMorgan Chase, Exxon Mobil, and UnitedHealth Group. The fund is particularly distinguished by its low expense ratio, minimizing net tracking error and supporting efficient cost management for institutional investors. With its focus on mega-cap value stocks, the fund serves as a foundational component for investors seeking exposure to established, large companies with attractive valuations within the U.S. market.
Fund Family Vanguard
Category Large Value
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol VMVLX
Share Class Institutional Shares
Index Index is not available on Lipper Database
VMVLX had a total return of 27.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.48%.
