Mid Cap Index Fund
Fund
VMIDX
Price as of:
$25.08
- $0.21
- 0.83%
Primary Theme
fund company
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.1%
1 yr return
14.4%
3 Yr Avg Return
2.5%
5 Yr Avg Return
6.6%
Net Assets
$3.06 B
Holdings in Top 10
6.4%
52 WEEK LOW AND HIGH
$25.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.36%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
VMIDX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return 6.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.33%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMid Cap Index Fund
-
Fund Family NameVALIC Company
-
Inception DateSep 01, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy Campion
Fund Description
The Fund is managed to seek to track the performance of the Index, which measures the performance of the mid-capitalization sector of the U.S. equity market. The Subadviser may endeavor to track the Index by purchasing every stock included in the Index, in the same proportions; or, in the alternative, the Subadviser may invest in a sampling of Index stocks by utilizing a statistical technique known as “optimization.” The goal of optimization is to select stocks which ensure that various industry weightings, market capitalizations, and fundamental characteristics,(e.g., price-to-book, price-to-earnings, debt-to-asset ratios and dividend yields) closely approximate those of the Index.Under normal circumstances, at least 80% of the Fund’s net assets are invested in stocks that are in the Index. Although the Fund seeks to track the performance of the Index, the performance of the Fund will not match that of the Index exactly because, among other reasons, the Fund incurs operating expenses and other investment overhead as part of its normal operations.In order to generate additional income, the Fund may lend portfolio securities to broker-dealers and other financial institutions provided that the value of the loaned securities does not exceed 30% of the Fund’s total assets. These loans earn income for the Fund and are collateralized by cash and securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities. Investors will be given at least 60 days’ written notice in advance of any change to the Fund’s 80% investment policy set forth above.
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VMIDX - Performance
Return Ranking - Trailing
| Period | VMIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -13.8% | 16.2% | 45.05% |
| 1 Yr | 14.4% | -8.5% | 39.8% | 46.43% |
| 3 Yr | 2.5%* | -22.4% | 14.9% | 52.41% |
| 5 Yr | 6.6%* | -1.8% | 19.7% | 87.58% |
| 10 Yr | 2.7%* | 1.9% | 12.6% | 97.70% |
* Annualized
Return Ranking - Calendar
| Period | VMIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.7% | -12.9% | 28.8% | 96.41% |
| 2022 | -21.4% | -52.6% | 20.1% | 66.85% |
| 2021 | 19.5% | -43.8% | 32.4% | 25.85% |
| 2020 | 1.2% | -10.6% | 82.1% | 89.35% |
| 2019 | 11.9% | -8.5% | 37.5% | 90.28% |
Total Return Ranking - Trailing
| Period | VMIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -13.8% | 16.2% | 45.05% |
| 1 Yr | 14.4% | -8.5% | 39.8% | 46.43% |
| 3 Yr | 2.5%* | -22.4% | 14.9% | 52.41% |
| 5 Yr | 6.6%* | -1.8% | 19.7% | 87.58% |
| 10 Yr | 2.7%* | 1.9% | 12.6% | 97.70% |
* Annualized
Total Return Ranking - Calendar
| Period | VMIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.9% | 1.2% | 31.3% | 51.66% |
| 2022 | -13.4% | -45.7% | 21.1% | 32.87% |
| 2021 | 24.3% | -30.2% | 52.8% | 50.28% |
| 2020 | 1.2% | -8.4% | 84.3% | 96.45% |
| 2019 | 11.9% | 1.0% | 43.4% | 98.43% |
NAV & Total Return History
VMIDX - Holdings
Concentration Analysis
| VMIDX | Category Low | Category High | VMIDX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.06 B | 728 K | 160 B | 12.74% |
| Number of Holdings | 406 | 1 | 2609 | 12.47% |
| Net Assets in Top 10 | 175 M | 155 K | 11.7 B | 33.33% |
| Weighting of Top 10 | 6.35% | 3.4% | 100.0% | 92.12% |
Top 10 Holdings
- Deckers Outdoor Corp 0.74%
- Builders FirstSource Inc 0.72%
- Reliance Steel Aluminum Co 0.69%
- Jabil Inc 0.65%
- GoDaddy Inc 0.63%
- Carlisle Cos Inc 0.60%
- Manhattan Associates Inc 0.59%
- Graco Inc 0.59%
- WP Carey Inc 0.57%
- RPM International Inc 0.57%
Asset Allocation
| Weighting | Return Low | Return High | VMIDX % Rank | |
|---|---|---|---|---|
| Stocks | 100.17% | 14.60% | 104.46% | 2.17% |
| Cash | 0.58% | 0.00% | 30.96% | 70.73% |
| Other | 0.32% | -1.04% | 23.02% | 16.80% |
| Preferred Stocks | 0.00% | 0.00% | 14.30% | 71.82% |
| Convertible Bonds | 0.00% | 0.00% | 1.78% | 71.54% |
| Bonds | 0.00% | 0.00% | 62.14% | 74.25% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VMIDX % Rank | |
|---|---|---|---|---|
| Industrials | 18.12% | 0.00% | 45.89% | 32.61% |
| Consumer Cyclical | 14.73% | 2.49% | 46.48% | 27.72% |
| Financial Services | 14.57% | 0.00% | 46.10% | 39.67% |
| Technology | 13.98% | 0.00% | 40.65% | 70.92% |
| Real Estate | 9.57% | 0.00% | 25.82% | 25.00% |
| Healthcare | 9.28% | 0.00% | 24.06% | 67.93% |
| Basic Materials | 6.39% | 0.00% | 16.35% | 32.07% |
| Energy | 4.61% | 0.00% | 58.13% | 59.51% |
| Consumer Defense | 4.02% | 0.00% | 32.18% | 50.54% |
| Utilities | 3.19% | 0.00% | 18.97% | 56.25% |
| Communication Services | 1.54% | 0.00% | 30.98% | 67.39% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VMIDX % Rank | |
|---|---|---|---|---|
| US | 100.17% | 14.60% | 104.46% | 2.17% |
| Non US | 0.00% | 0.00% | 19.95% | 76.42% |
VMIDX - Expenses
Operational Fees
| VMIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.36% | 0.03% | 35.91% | 87.43% |
| Management Fee | 0.27% | 0.00% | 1.50% | 17.98% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.06% | 0.01% | 0.30% | 24.53% |
Sales Fees
| VMIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| VMIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| VMIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 0.00% | 304.00% | 16.97% |
VMIDX - Distributions
Dividend Yield Analysis
| VMIDX | Category Low | Category High | VMIDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 31.05% | 96.21% |
Dividend Distribution Analysis
| VMIDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| VMIDX | Category Low | Category High | VMIDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.33% | -2.06% | 3.38% | 6.54% |
Capital Gain Distribution Analysis
| VMIDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
VMIDX - Fund Manager Analysis
Managers
Timothy Campion
Start Date
Tenure
Tenure Rank
Feb 16, 2012
10.29
10.3%
Mr. Campion joined SunAmerica in February 2012. Before joining SunAmerica, he held investment-related positions at PineBridge Investments, LLC, and AIG Investments where he was part of the asset allocation team. While there, he was also responsible for management and trading of a wide variety of index funds, including domestic and international equities and fixed-income securities. Mr. Campion received a B.A. in History from Middlebury College. His investment experience dates from 1996
Elizabeth Mauro
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.67
2.7%
Elizabeth Mauro joined SunAmerica in 2017 and is a fixed income trader. Before joining the firm, she held several capital markets positions at Bank of New York Mellon Corporation, with product coverage in the Commercial Paper, Yankee CD, U.S. Treasuries, Agency Discount Notes, Bullets, and short-term Corporates categories. Elizabeth received a B.A. in Government from Smith College. Her investment experience dates back to 2011
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 38.44 | 7.24 | 5.78 |