VDADX Fees and Costs — Vanguard Dividend Appreciation Index Fund, Admiral Shares
Data updated: 2026-09-28
The net expense ratio is 0.07%: a 0.06% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $933K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 8%.
VDADX Fees and Expenses
Annual operating expenses and sales charges of VDADX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.06% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
VDADX Costs Over Time
On $10,000 invested in VDADX, assuming 5% a year before costs, total costs come to $45 over 5 years, cutting the return by 0.07% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.07%) | $7 | $23 | $41 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $25 | $45 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
VDADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $933K
- Bought from dealers (principal trades, not a cost): $6.7B
- Portfolio turnover (prospectus): 8%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $15K (0.000% of average net assets)
VDADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $313K | 35.16% |
| CITIGROUP INC. | $145K | 16.29% |
| MORGAN STANLEY | $136K | 15.35% |
| THE GOLDMAN SACHS GROUP, INC. | $84K | 9.43% |
| Mizuho Financial Group, Inc. | $61K | 6.86% |
| JPMORGAN CHASE & CO. | $52K | 5.81% |
| CITADEL SECURITIES LP | $35K | 3.98% |
| Royal Bank of Canada | $23K | 2.60% |
| BARCLAYS PLC | $21K | 2.34% |
| JEFFERIES FINANCIAL GROUP INC. | $19K | 2.18% |
VDADX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $6.7B | 100.00% |
| MORGAN STANLEY | $36K | 0.00% |
Vanguard Dividend Appreciation Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VIG | ETF Shares | 0.04% | — |
| VDADX | Admiral Shares | 0.07% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.