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VMCIX Vanguard Mid Cap Index Institutional

  • Fund
  • VMCIX
  • Price as of: May 26, 2017
  • $38.92
  • - $0.03
  • - 0.08%
  • Category
  • Mid Cap Blend Equities

VMCIX - Profile

Vitals

  • YTD Return 8.1%
  • 3 Yr Annualized Return 9.4%
  • 5 Yr Annualized Return 13.3%
  • Net Assets $84.9 B
  • Holdings in Top 10 6.7%

52 WEEK LOW AND HIGH

$38.92
$32.01
$38.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.05%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$5,000,000

IRA

N/A

Investment Themes

CATEGORY

Mid Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Blend

Distributions

  • YTD Total Return 8.1%
  • 3 Yr Annualized Total Return 9.4%
  • 5 Yr Annualized Total Return 13.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Vanguard Mid Cap Index Fund
  • Fund Family Name Vanguard
  • Inception Date May 21, 1998
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Donald M. Butler

Fund Description

The Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) is a low-cost, passively managed index fund that tracks medium-sized stocks domiciled in the United States. VMCIX tracks the CRSP U.S. Mid-Cap Index and employs a full-replication strategy by owning all the stocks in the index. This gives investors exposure to over 375 domestic mid-caps. A broad range of sectors and industries are represented by the index.

As an index covering mid-cap stocks, VMCIX makes an ideal core position alongside large- and mid-cap U.S. equities. The fund is internally managed by Vanguard.

VMCIX - Performance

Return Ranking - Trailing

Period VMCIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.1% -32.8% 14.4% 11.73% 1
1 Yr 17.5% -53.8% 31.5% 41.10% 3
3 Yr 9.4% * -16.8% 24.3% 19.87% 1
5 Yr 13.3% * -8.6% 18.0% 16.38% 1
10 Yr 7.6% * -6.1% 10.6% 28.38% 2

* Annualized


Return Ranking - Calendar

Period VMCIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 9.6% -16.6% 40.3% 44.62% 3
2015 -2.8% -32.9% 3.3% 11.73% 1
2014 12.3% -42.4% 20.0% 1.98% 1
2013 33.6% -4.0% 57.3% 20.21% 2
2012 14.4% -100.0% 29.4% 38.22% 2

Total Return Ranking - Trailing

Period VMCIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.1% -32.8% 14.4% 11.73% 1
1 Yr 17.5% -48.2% 36.6% 36.81% 2
3 Yr 9.4% * -17.5% 30.0% 17.95% 1
5 Yr 13.3% * -9.0% 18.0% 15.02% 1
10 Yr 7.6% * -6.4% 10.6% 26.64% 2

* Annualized


Total Return Ranking - Calendar

Period VMCIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.7% -16.6% 40.3% 39.87% 2
2015 -1.4% -23.9% 20.2% 15.96% 1
2014 14.4% -42.4% 56.1% 11.22% 1
2013 37.9% -4.5% 208.7% 73.76% 4
2012 17.8% -100.0% 304.1% 71.81% 4

NAV & Total Return History

VMCIX - Holdings

Filings data as of: Mar 31, 2017

Concentration Analysis

VMCIX Category Low Category High VMCIX % Rank Quintile
Net Assets 84.9 B 1.41 M 84.9 B 0.31% 1
Number of Holdings 358 4 3295 7.67% 2
Net Assets in Top 10 5.65 B 618 K 5.65 B 0.31% 1
Weighting of Top 10 6.7% 2.9% 120.8% 32.82% 5

Top 10 Holdings

  1. Fiserv Inc 0.71%
  2. Equinix Inc 0.88%
  3. Newell Brands Inc 0.65%
  4. Electronic Arts Inc 0.79%
  5. Amphenol Corp Class A 0.63%
  6. M&T Bank Corp 0.62%
  7. Western Digital Corp 0.68%
  8. Incyte Corp 0.58%
  9. Roper Technologies Inc 0.60%
  10. Lam Research Corp 0.60%

Asset Allocation

Weighting Category Low Category High VMCIX % Rank Quintile
Stocks
99.28% 32.09% 120.27% 7.06% 1
Cash
0.71% -20.27% 65.68% 28.22% 4
Preferred Stocks
0.00% 0.00% 5.86% 3.07% 1
Other
0.00% -0.39% 8.23% 11.04% 2
Convertible Bonds
0.00% 0.00% 2.06% 1.84% 1
Bonds
0.00% -0.06% 15.34% 7.36% 2

Stock Sector Breakdown

Weighting Category Low Category High VMCIX % Rank Quintile
Technology
16.36% -1.22% 40.54% 9.20% 2
Consumer Cyclical
16.31% 0.00% 33.86% 10.43% 2
Financial Services
14.23% -0.39% 46.36% 20.25% 3
Industrials
13.34% 0.09% 42.48% 21.78% 3
Healthcare
8.60% 0.00% 41.90% 20.25% 3
Real Estate
7.43% 0.00% 13.49% 11.04% 2
Consumer Defense
6.56% -2.40% 18.07% 8.90% 2
Basic Materials
5.28% -1.05% 22.41% 19.94% 3
Utilities
4.93% -0.76% 14.10% 5.52% 1
Energy
4.77% -1.29% 17.97% 15.95% 3
Communication Services
1.50% 0.00% 20.30% 13.80% 2

Stock Geographic Breakdown

Weighting Category Low Category High VMCIX % Rank Quintile
US
98.73% 30.23% 119.14% 6.75% 1
Non US
0.55% -1.18% 40.92% 25.15% 4

VMCIX - Expenses

Operational Fees

VMCIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.05% 0.04% 16.03% 53.07% 1
Management Fee 0.04% 0.04% 2.00% 18.10% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.45% N/A N/A

Sales Fees

VMCIX Fees (% of AUM) Category Low Category High VMCIX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

VMCIX Fees (% of AUM) Category Low Category High VMCIX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMCIX Fees (% of AUM) Category Low Category High VMCIX Rank Quintile
Turnover 15.00% 4.00% 394.00% 25.15% 1

VMCIX - Distributions

Dividend Yield Analysis

VMCIX Category Low Category High VMCIX % Rank Quintile
Dividend Yield 0.0% 0.00% 1.76% 88.03% 5

Dividend Distribution Analysis

VMCIX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

VMCIX Category Low Category High VMCIX % Rank Quintile
Net Income Ratio 1.55% -4.48% 2.50% 6.44% 1

Capital Gain Distribution Analysis

VMCIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

VMCIX - Managers

Donald M. Butler

Manager

Start Date

May 21, 1998

Tenure

18.96

Tenure Rank

1.5%

Donald M. Butler, CFA, Principal of Vanguard. He has been with Vanguard since 1992; has managed investment portfolios since 1997; and has co-managed the Fund since 2009. Education: B.S.B.A., Shippensburg University.


Michael A. Johnson

Manager

Start Date

Apr 27, 2016

Tenure

1.01

Tenure Rank

19.1%

Michael A. Johnson, Portfolio Manager. He has been with Vanguard since 1999; has worked in investment management since 2007; and has managed investment portfolios, including the Russell 1000 Value Index and the Russell 1000 Growth Index Funds. Education: B.S.B.A., Shippensburg University.


Tenure Analysis

Category Low

0.0

Category High

38.4

Category Average

6.33

Category Mode

2.3