Vanguard Tax-Managed Small Cap Adm (VTMSX)

Fund Assets	11.17B
Expense Ratio	0.05%
Min. Investment	$10,000
Turnover	18.00%
Dividend (ttm)	1.49
Dividend Yield	1.31%
Dividend Growth	20.21%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 23, 2026

Previous Close	112.08
YTD Return	16.58%
1-Year Return	18.21%
5-Year Return	34.81%
52-Week Low	91.62
52-Week High	122.91
Beta (5Y)	1.04
Holdings	607
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 18.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.34%.

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

5.46% of assets

Name	Symbol	Weight
Corcept Therapeutics Incorporated	CORT	0.63%
Paycom Software, Inc.	PAYC	0.60%
Glaukos Corporation	GKOS	0.60%
Brinker International, Inc.	EAT	0.56%
Protagonist Therapeutics, Inc.	PTGX	0.53%
CarMax, Inc.	KMX	0.53%
Eastman Chemical Company	EMN	0.51%
Viasat, Inc.	VSAT	0.51%
Etsy, Inc.	ETSY	0.50%
Jackson Financial Inc.	JXN	0.49%

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, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 3, 2026

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