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VMCIX Vanguard Mid Cap Index Institutional

  • Fund
  • VMCIX
  • Price as of: Nov 21, 2017
  • $41.41
  • + $0.19
  • + 0.46%
  • Category
  • Mid Cap Blend Equities

VMCIX - Profile

Vitals

  • YTD Return 15.1%
  • 3 Yr Annualized Return 9.0%
  • 5 Yr Annualized Return 15.0%
  • Net Assets $90.7 B
  • Holdings in Top 10 7.1%

52 WEEK LOW AND HIGH

$41.41
$35.65
$41.41

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 15.1%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 15.0%
  • 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 15.1% -32.8% 24.1% 11.73% 1
1 Yr 20.7% -53.8% 37.3% 34.97% 2
3 Yr 9.0% * -9.7% 24.3% 30.13% 2
5 Yr 15.0% * -6.5% 18.1% 9.67% 1
10 Yr 7.9% * -6.1% 10.4% 30.87% 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 15.1% -32.8% 24.1% 11.73% 1
1 Yr 20.7% -48.2% 37.3% 28.22% 2
3 Yr 9.0% * -10.4% 30.0% 28.85% 2
5 Yr 15.0% * -6.9% 18.1% 8.67% 1
10 Yr 7.9% * -6.3% 10.4% 29.13% 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: Oct 31, 2017

Concentration Analysis

VMCIX Category Low Category High VMCIX % Rank Quintile
Net Assets 90.7 B 1.41 M 90.7 B 0.31% 1
Number of Holdings 353 5 3295 9.82% 2
Net Assets in Top 10 6.44 B 618 K 6.44 B 0.31% 1
Weighting of Top 10 7.1% 2.9% 125.7% 36.20% 5

Top 10 Holdings

  1. Fiserv Inc 0.74%
  2. Amphenol Corp Class A 0.72%
  3. Western Digital Corp 0.70%
  4. Roper Technologies Inc 0.71%
  5. Lam Research Corp 0.92%
  6. C.R. Bard Inc 0.64%
  7. Autodesk Inc 0.75%
  8. Digital Realty Trust Inc 0.66%
  9. Moody's Corporation 0.63%
  10. M&T Bank Corp 0.62%

Asset Allocation

Weighting Category Low Category High VMCIX % Rank Quintile
Stocks
99.63% 37.25% 125.39% 5.52% 1
Cash
0.35% -25.39% 62.75% 37.73% 5
Bonds
0.01% -0.06% 28.29% 9.20% 2
Preferred Stocks
0.00% 0.00% 5.16% 6.75% 2
Other
0.00% -1.24% 8.23% 11.96% 2
Convertible Bonds
0.00% 0.00% 0.85% 2.45% 1

Stock Sector Breakdown

Weighting Category Low Category High VMCIX % Rank Quintile
Technology
17.21% 1.05% 40.54% 11.04% 2
Consumer Cyclical
16.05% 0.00% 32.58% 14.72% 2
Financial Services
14.74% 0.00% 47.35% 24.23% 3
Industrials
13.60% 0.00% 40.05% 28.22% 4
Healthcare
9.01% 0.00% 47.25% 20.86% 3
Real Estate
6.87% 0.00% 12.78% 15.95% 2
Basic Materials
5.27% -0.73% 22.63% 23.93% 3
Utilities
5.22% -0.70% 13.30% 6.44% 1
Consumer Defense
5.21% -2.18% 21.04% 13.80% 2
Energy
4.94% -1.21% 18.16% 15.34% 2
Communication Services
1.52% 0.00% 18.86% 14.72% 2

Stock Geographic Breakdown

Weighting Category Low Category High VMCIX % Rank Quintile
US
98.94% 28.58% 124.02% 4.91% 1
Non US
0.69% 0.00% 42.59% 32.21% 5

Bond Sector Breakdown

Weighting Category Low Category High VMCIX % Rank Quintile
Cash & Equivalents
0.35% -25.39% 62.94% 38.46% 5
Government
0.01% 0.00% 17.75% 5.54% 1
Derivative
0.00% -1.62% 0.04% 0.62% 1
Securitized
0.00% 0.00% 0.07% 0.92% 1
Corporate
0.00% -0.01% 22.50% 10.46% 2
Municipal
0.00% 0.00% 2.97% 0.62% 1

Bond Geographic Breakdown

Weighting Category Low Category High VMCIX % Rank Quintile
US
0.01% -0.06% 28.29% 9.20% 2
Non US
0.00% 0.00% 5.25% 2.15% 1

VMCIX - Expenses

Operational Fees

VMCIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.05% 0.04% 16.03% 52.45% 1
Management Fee 0.04% 0.00% 2.00% 17.79% 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% 26.69% 1

VMCIX - Distributions

Dividend Yield Analysis

VMCIX Category Low Category High VMCIX % Rank Quintile
Dividend Yield 0.0% 0.00% 1.74% 87.92% 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% -4.40% 2.50% 5.21% 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

19.46

Tenure Rank

1.6%

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


Michael A. Johnson

Manager

Start Date

Apr 27, 2016

Tenure

1.51

Tenure Rank

23.6%

Michael A. Johnson, Portfolio Manager. He has been with Vanguard since 1999; has worked in investment management since 2007; and has managed investment portfolios since 2010. Education: B.S.B.A., Shippensburg University.


Tenure Analysis

Category Low

0.1

Category High

38.9

Category Average

6.78

Category Mode

0.7