Vanguard Tax-Managed Small Cap Adm (VTMSX)

Fund Assets	10.75B
Expense Ratio	0.052%
Min. Investment	$10,000
Turnover	18.00%
Dividend (ttm)	1.49
Dividend Yield	1.29%
Dividend Growth	20.21%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 23, 2026

Previous Close	114.99
YTD Return	18.17%
1-Year Return	19.42%
5-Year Return	27.15%
52-Week Low	91.62
52-Week High	122.91
Beta (5Y)	1.05
Holdings	603
Inception Date	Mar 25, 1999

About VTMSX

This particular offering, part of Vanguard's collection of tax-optimized investments, grants shareholders access to small-capitalization equities. It utilizes an index-tracking strategy to closely mirror its benchmark while simultaneously endeavoring to keep taxable capital gains to a minimum. A key risk factor for this fund arises from its singular focus on smaller companies, a sector of the market recognized for its inherent price fluctuations. This fund is primarily intended for individuals in higher tax brackets with an investment outlook of at least five years and a strong tolerance for risk, serving as a supplementary component within a broader, well-allocated portfolio. Nevertheless, it is crucial to understand that the fund's stated goal of tax efficiency may not always be met.

• Fund Family: Vanguard
• Category: Small Blend
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VTMSX
• Share Class: Admiral Shares
• Index: S&P 600 Small Cap TR

Performance

VTMSX had a total return of 19.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.35%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VTSIX	Institutional Shares	0.03%

Top 10 Holdings

5.38% of assets

Name	Symbol	Weight
FormFactor, Inc.	FORM	0.72%
Glaukos Corporation	GKOS	0.59%
Viasat, Inc.	VSAT	0.57%
Qorvo, Inc.	QRVO	0.52%
Match Group, Inc.	MTCH	0.52%
Protagonist Therapeutics, Inc.	PTGX	0.52%
Element Solutions Inc	ESI	0.49%
Paycom Software, Inc.	PAYC	0.49%
Eastman Chemical Company	EMN	0.49%
Ryman Hospitality Properties, Inc.	RHP	0.48%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 23, 2026	$0.3289	Sep 24, 2026
Jun 24, 2026	$0.3608	Jun 25, 2026
Mar 24, 2026	$0.4224	Mar 25, 2026
Dec 23, 2025	$0.3741	Dec 24, 2025
Sep 24, 2025	$0.2643	Sep 25, 2025
Jun 26, 2025	$0.2535	Jun 27, 2025

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 14, 2026

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