Vanguard S&P Small-Cap 600 Index I (VSMSX)
| Fund Assets | 4.35B |
| Expense Ratio | 0.08% |
| Min. Investment | $5,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 6.37 |
| Dividend Yield | 1.44% |
| Dividend Growth | 7.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 428.20 |
| YTD Return | -0.16% |
| 1-Year Return | 3.58% |
| 5-Year Return | 66.93% |
| 52-Week Low | 336.61 |
| 52-Week High | 473.97 |
| Beta (5Y) | n/a |
| Holdings | 607 |
| Inception Date | Dec 15, 2010 |
About VSMSX
Vanguard S&P Small-Cap 600 Index Fund Institutional Shares is a mutual fund designed to closely track the performance of the S&P SmallCap 600 Index. This benchmark includes 600 small-capitalization U.S. companies that meet specific criteria for market capitalization, liquidity, and profitability. The fund uses a market-cap weighted approach, allocating larger portions to faster-growing or more highly valued companies within the index, while maintaining broad diversification to help manage risk and reduce volatility. With a focus on profitable small-cap firms, the fund excludes the lowest-quality stocks, aiming to contain volatility inherent to the small-cap segment. This broad diversification—only about 5% of assets are typically invested in the fund’s top ten holdings—mitigates the impact of any single company’s performance. Positioned within the small blend category, the fund offers institutional investors a cost-effective vehicle with a low expense ratio and a disciplined approach to capturing the growth and characteristics of the U.S. small-cap equity market.
Performance
VSMSX had a total return of 3.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.74%.
Equivalent ETF
VSMSX has an equivalent ETF with the ticker symbol VIOO, the Vanguard S&P Small-Cap 600 ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.10% compared to 0.08% for VSMSX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| VIOO | Vanguard S&P Small-Cap 600 ETF | 0.10% |
Top 10 Holdings
6.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Slcmt1142 | n/a | 1.06% |
| Mr. Cooper Group Inc. | COOP | 0.74% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 0.72% |
| SPX Technologies, Inc. | SPXC | 0.63% |
| MP Materials Corp. | MP | 0.61% |
| Armstrong World Industries, Inc. | AWI | 0.60% |
| Sterling Infrastructure, Inc. | STRL | 0.60% |
| BorgWarner Inc. | BWA | 0.60% |
| Qorvo, Inc. | QRVO | 0.58% |
| Dycom Industries, Inc. | DY | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $6.3669 | Dec 24, 2024 |
| Dec 19, 2023 | $5.9394 | Dec 20, 2023 |
| Dec 19, 2022 | $5.312 | Dec 20, 2022 |
| Dec 20, 2021 | $4.9598 | Dec 21, 2021 |
| Dec 21, 2020 | $3.7054 | Dec 22, 2020 |
| Dec 13, 2019 | $4.2273 | Dec 16, 2019 |