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VMCPX Vanguard Mid Cap Index InstitutionalPlus

  • Fund
  • VMCPX
  • Price as of: Jan 18, 2019
  • $202.10
  • + $3.10
  • + 1.56%
  • Category
  • Mid Cap Blend Equities

VMCPX - Profile

Vitals

  • YTD Return 8.5%
  • 3 Yr Annualized Return 6.4%
  • 5 Yr Annualized Return 6.2%
  • Net Assets $87 B
  • Holdings in Top 10 7.2%

52 WEEK LOW AND HIGH

$202.10
$175.39
$224.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.03%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000,000

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 8.5%
  • 3 Yr Annualized Total Return 6.4%
  • 5 Yr Annualized Total Return 6.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.48%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Vanguard Mid Cap Index Fund
  • Fund Family Name Vanguard
  • Inception Date Dec 15, 2010
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Donald M. Butler

Fund Description

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

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

VMCPX - Performance

Return Ranking - Trailing

Period VMCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.5% -75.5% 17.0% 51.54% 3
1 Yr -9.2% -53.8% 31.5% 29.75% 2
3 Yr 6.4% * -7.3% 24.3% 32.69% 2
5 Yr 6.2% * -8.9% 13.6% 18.71% 1
10 Yr 13.9% * -2.7% 17.3% 5.79% 1

* Annualized


Return Ranking - Calendar

Period VMCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -10.7% -44.3% 15.5% 19.30% 2
2017 17.6% -32.9% 28.8% 5.54% 1
2016 9.6% -31.8% 40.3% 42.30% 3
2015 -2.8% -32.9% 27.4% 16.72% 1
2014 12.3% -42.4% 33.9% 12.21% 1

Total Return Ranking - Trailing

Period VMCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.5% -100.0% 17.0% 51.54% 3
1 Yr -9.2% -48.2% 36.6% 29.14% 2
3 Yr 6.4% * -8.4% 30.0% 31.41% 2
5 Yr 6.2% * -9.4% 13.6% 18.06% 1
10 Yr 13.9% * -2.9% 17.3% 4.55% 1

* Annualized


Total Return Ranking - Calendar

Period VMCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -10.7% -44.3% 15.5% 19.30% 2
2017 17.6% -20.7% 28.9% 5.86% 1
2016 10.7% -23.9% 56.1% 37.05% 2
2015 -1.4% -23.9% 208.7% 24.59% 2
2014 14.4% -42.4% 304.1% 20.46% 2

NAV & Total Return History

VMCPX - Holdings

Filings data as of: Dec 31, 2018

Concentration Analysis

VMCPX Category Low Category High VMCPX % Rank Quintile
Net Assets 87 B 1.41 M 87 B 0.31% 1
Number of Holdings 369 3 3303 8.59% 2
Net Assets in Top 10 6.29 B 618 K 6.29 B 0.31% 1
Weighting of Top 10 7.2% 2.9% 106.2% 34.36% 5

Top 10 Holdings

  1. Fiserv Inc 0.80%
  2. Amphenol Corp Class A 0.67%
  3. Roper Technologies Inc 0.76%
  4. Edwards Lifesciences Corp 0.88%
  5. Autodesk Inc 0.77%
  6. Worldpay Inc Class A 0.63%
  7. Centene Corp 0.62%
  8. Red Hat Inc 0.85%
  9. Moody's Corporation 0.63%
  10. ONEOK Inc 0.61%

Asset Allocation

Weighting Category Low Category High VMCPX % Rank Quintile
Stocks
99.52% 25.93% 106.23% 7.67% 2
Cash
0.48% -6.23% 67.48% 30.67% 4
Preferred Stocks
0.00% 0.00% 5.81% 3.37% 1
Other
0.00% -8.48% 8.23% 6.75% 1
Convertible Bonds
0.00% 0.00% 2.17% 1.84% 1
Bonds
0.00% 0.00% 61.55% 6.75% 2

Stock Sector Breakdown

Weighting Category Low Category High VMCPX % Rank Quintile
Technology
18.36% 1.29% 40.54% 10.12% 2
Consumer Cyclical
14.61% 0.00% 35.06% 17.18% 2
Industrials
14.03% 0.00% 45.80% 23.01% 3
Financial Services
12.68% 0.00% 49.16% 24.54% 4
Healthcare
10.00% 0.00% 60.18% 18.10% 3
Real Estate
7.41% -0.01% 14.09% 13.50% 2
Utilities
6.51% -0.61% 26.09% 4.60% 1
Energy
4.94% -1.30% 17.74% 16.26% 3
Consumer Defense
4.52% -2.01% 21.48% 16.87% 2
Basic Materials
4.45% -1.40% 21.94% 23.01% 3
Communication Services
1.48% 0.00% 25.09% 11.66% 2

Stock Geographic Breakdown

Weighting Category Low Category High VMCPX % Rank Quintile
US
98.29% 16.13% 106.23% 10.43% 2
Non US
1.23% -0.23% 47.03% 26.07% 4

VMCPX - Expenses

Operational Fees

VMCPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.03% 0.03% 16.03% 53.37% 1
Management Fee 0.03% 0.00% 2.00% 17.48% 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

VMCPX Fees (% of AUM) Category Low Category High VMCPX 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

VMCPX Fees (% of AUM) Category Low Category High VMCPX 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.

VMCPX Fees (% of AUM) Category Low Category High VMCPX Rank Quintile
Turnover 14.00% 2.00% 394.00% 26.07% 1

VMCPX - Distributions

Dividend Yield Analysis

VMCPX Category Low Category High VMCPX % Rank Quintile
Dividend Yield 4.1% 0.00% 4.51% 0.72% 1

Dividend Distribution Analysis

VMCPX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

VMCPX Category Low Category High VMCPX % Rank Quintile
Net Income Ratio 1.48% -4.72% 1.82% 3.99% 1

Capital Gain Distribution Analysis

VMCPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Semi-Annually Annually

VMCPX - Managers

Donald M. Butler

Manager

Start Date

May 21, 1998

Tenure

20.63

Tenure Rank

1.5%

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

2.68

Tenure Rank

20.8%

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

0.0

Category High

40.0

Category Average

7.25

Category Mode

4.0