Vanguard Mid-Cap Value Index is an excellent mid-cap value fund. It diversifies risk effectively and maximizes the impact of its paper-thin fee by accurately representing the mid-cap value landscape. Its Admiral and ETF share classes retain their Morningstar Analyst Ratings of Gold, but a higher fee limits the Investor share class to Silver.
Morningstar’s Fund Analysis VMVAX
Will VMVAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMVAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VMVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VMVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.