The investors tend to unfairly disregard mid-cap fund because they better got acquainted with the well-established, big companies both inside the country and abroad. But the Vanguard Mid-Cap Index Fund is a worthy solution for carving out a niche of mid-cap stock part of the portfolio. It’s also a great option for the investors who are searching for a wide spectrum of equities.
According to the data available on 10th of September, 2018, the fund’s assets were equal to approximately $100.89 billion distributed through the investments in 367 various holdings. The portfolio is targeted on technology, consumer services, consumer goods, industrials, and financials. Also, it involves a range of famous companies including Southwest Airlines, Chipotle Mexican Grill, Western Digital Corp., Delphi Automotive, and Vertex Pharmaceuticals.
The Vanguard Mid-Cap Index Fund is an option available at a low price. It is managed by the highly professional team with an extensive experience. This index fund works by tracking the CRSP U.S. Mid-Cap Index. The Morningstar stated that within the past 15 years the fund’s annualized return exceeded the same return of similar large-cap funds by approximately 5 percentage points. The fund’s return reached 13.03% within the past 1 year and 9.69% within the past 3 years. The Morningstar also indicated that the past 15 years were marked by the fund’s return which reached 85% of the fund’s mid-cap peers.
The past 5 years were marked by the fund’s return which reached 11.64%. At the same time, the past 10 years were marked by the fund’s return of 10.82%.