Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
262.07
-0.38 (-0.14%)
Jul 8, 2025, 4:00 PM EDT
11.31%
Fund Assets 9.19B
Expense Ratio 0.06%
Min. Investment $5,000,000
Turnover 13.00%
Dividend (ttm) 5.59
Dividend Yield 2.13%
Dividend Growth -2.62%
Payout Frequency Quarterly
Ex-Dividend Date Jun 30, 2025
Previous Close 262.45
YTD Return 7.05%
1-Year Return 13.78%
5-Year Return 103.21%
52-Week Low 227.88
52-Week High 264.60
Beta (5Y) n/a
Holdings 130
Inception Date Mar 5, 2008

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
Stock Exchange NASDAQ
Ticker Symbol VMVLX
Share Class Institutional Shares
Index Index is not available on Lipper Database

Performance

VMVLX had a total return of 13.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.48%.

Equivalent ETF

VMVLX has an equivalent ETF with the ticker symbol MGV, the Vanguard Mega Cap Value ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.07% compared to 0.06% for VMVLX.

Symbol Name Expense Ratio
MGV Vanguard Mega Cap Value ETF 0.07%

Top 10 Holdings

26.25% of assets
Name Symbol Weight
JPMorgan Chase & Co. JPM 4.47%
Berkshire Hathaway Inc. BRK.B 4.04%
Exxon Mobil Corporation XOM 2.69%
Walmart Inc. WMT 2.64%
The Procter & Gamble Company PG 2.41%
Johnson & Johnson JNJ 2.26%
The Home Depot, Inc. HD 2.22%
AbbVie Inc. ABBV 1.99%
Bank of America Corporation BAC 1.83%
Philip Morris International Inc. PM 1.70%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 30, 2025 $1.3508 Jul 1, 2025
Mar 27, 2025 $1.362 Mar 28, 2025
Dec 23, 2024 $1.4423 Dec 24, 2024
Sep 26, 2024 $1.4389 Sep 27, 2024
Jun 27, 2024 $1.4621 Jun 28, 2024
Mar 21, 2024 $1.390 Mar 22, 2024
Full Dividend History