VMNFX — Vanguard Market Neutral Fund
Data updated: 2026-05-28
VMNFX — Vanguard Market Neutral Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Small Cap Blend / Core Equity · $431.57M AUM · 1.95% expense ratio · 15.5% 1-yr return. From SEC regulatory filings.
VMNFX Fund Overview
VMNFX — Vanguard Market Neutral Fund is a US mutual fund managed by Vanguard Montgomery Funds, categorised as United States Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Vanguard Montgomery Funds
- Category: United States Small Cap Blend / Core Equity
- Assets under management: $431.57M
- 1-year return: 15.5%
- Ticker: VMNFX
- SEC CIK: 0001409957
- SEC series ID: S000019457
- Share class ID: C000054090
VMNFX Holdings
Top 10 holdings of Vanguard Market Neutral Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 2.40% |
| ADTRAN Holdings Inc | 0.82% |
| MasTec Inc | 0.78% |
| Constellium SE | 0.76% |
| Vertiv Holdings Co | 0.76% |
| Edison International | 0.74% |
| Travel + Leisure Co | 0.74% |
| Roku Inc | 0.74% |
| Zions Bancorp NA | 0.73% |
| Outfront Media Inc | 0.73% |
VMNFX Portfolio Allocation
Asset-class allocation of Vanguard Market Neutral Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 2.4% |
VMNFX Performance
Total returns for VMNFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.7% |
| 1 year | 15.5% |
| 3 years (annualised) | 11.6% |
| 5 years (annualised) | 12.4% |
VMNFX Risk Information
Risk metrics for VMNFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.9%
VMNFX Costs and Fees
VMNFX costs about $195 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.95%
- Gross expense ratio: 1.95%
- Portfolio turnover: 108%
- Brokerage commissions: 10.37 bps of average net assets (SEC N-CEN)
VMNFX Cashflows
Over the 12 months to 2026-03, Vanguard Market Neutral Fund had net inflows of $4.25M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $14.10M |
| 2026-02 | $2.66M |
| 2026-01 | $13.41M |
| 2025-12 | $3.07M |
| 2025-11 | −$4.29M |
| 2025-10 | −$645.24K |
VMNFX Debt Constituents
No individual debt constituents are reported in Vanguard Market Neutral Fund's latest SEC N-PORT filing.
VMNFX Prospectus and SEC Filings
Official Vanguard Market Neutral Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.