Morningstar

Vanguard Morningstar Mid-Cap Value Index Fund Admiral Shares VMVAX

Morningstar Medalist Rating Tracks Morningstar Index
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 108.89  /  +0.64 %
  • Total Assets 38.6B
  • Adj. Expense Ratio
    0.070%
  • Expense Ratio 0.070%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Mid-Cap Value
  • Investment Style Mid Value
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 1.81%
  • Turnover 23%

USD | NAV as of Aug 14, 2026 | 1-Day Return as of Aug 14, 2026, 12:15 AM GMT+0

Morningstar’s Analysis VMVAX

Will VMVAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    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.

  • People Pillar

    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.

  • Parent Pillar

    The Parent Pillar is our rating of VMVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A stable mid-cap value index fund.

Analyst Zachary Evens

Zachary Evens

Analyst

Summary

Vanguard Mid-Cap Value Index’s razor-thin expense ratio and broad diversification across the mid-cap value segment make it a compelling option.

by Zachary Evens
Rated on Published on

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Portfolio Holdings VMVAX

More VMVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cummins Inc

1.69 632M
Industrials

Valero Energy Corp

1.33 497M
Energy

Marathon Petroleum Corp

1.28 479M
Energy

CRH PLC

1.23 459M
Basic Materials

United Rentals Inc

1.22 456M
Industrials

SLB Ltd

1.20 446M
Energy

General Motors Co

1.20 446M
Consumer Cyclical

Simon Property Group Inc

1.19 443M
Real Estate

Phillips 66

1.17 435M
Energy

Warner Bros. Discovery Inc Ordinary Shares - Class A

1.09 408M
Communication Services

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