VIGIX Fees and Costs — Vanguard Growth Index Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.5M in broker commissions, 0.0011% of average net assets, and portfolio turnover was 9%.
VIGIX Fees and Expenses
Annual operating expenses and sales charges of VIGIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| 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 |
VIGIX Costs Over Time
On $10,000 invested in VIGIX, assuming 5% a year before costs, total costs come to $20 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $3 | $11 | $20 |
| Value after costs | $10,497 | $11,565 | $12,743 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
VIGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $3.5M
- Bought from dealers (principal trades, not a cost): $11.9B
- Portfolio turnover (prospectus): 9%
- Securities on loan, average value: $70.5M
- Net income from securities lending: $20.6M (0.007% of average net assets)
VIGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS PLC | $829K | 24.77% |
| CITIGROUP INC. | $575K | 17.18% |
| MORGAN STANLEY | $551K | 16.46% |
| CITADEL SECURITIES LP | $454K | 13.57% |
| Mizuho Financial Group, Inc. | $264K | 7.89% |
| Royal Bank of Canada | $242K | 7.24% |
| THE GOLDMAN SACHS GROUP, INC. | $152K | 4.55% |
| BANK OF AMERICA CORPORATION | $115K | 3.43% |
| Cowen and Company, LLC | $84K | 2.50% |
| VIRTU FINANCIAL, INC. | $80K | 2.40% |
VIGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $11.9B | 99.44% |
| JPMORGAN CHASE & CO. | $42.5M | 0.36% |
| MORGAN STANLEY | $20.5M | 0.17% |
| THE GOLDMAN SACHS GROUP, INC. | $3.4M | 0.03% |
| CITADEL SECURITIES LP | $4K | 0.00% |
Vanguard Growth 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 |
|---|---|---|---|
| VIGIX | Institutional Shares | 0.03% | none |
| VUG | ETF Shares | 0.03% | none |
| VIGAX | Admiral Shares | 0.05% | none |
| VIGRX | Investor Shares | 0.17% | 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.