Vanguard FTSE Social Index Fund Institutional Shares
VFTNX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- May 31, 2000
- CIK
- 0000052848
- Website
- vanguard.com
- Similar Companies
- Business
- Vanguard FTSE Social Index Fund Institutional Shares (VFTNX) is an open-end mutual fund that employs an indexing investment approach designed to track the performance of the FTSE US Choice Index, a benchmark composed of large- and mid-capitalization U.S. stocks screened for certain environmental, social, and corporate governance (ESG) criteria. The fund invests all or substantially all of its assets in the stocks that comprise the index, holding each in approximately the same proportion as its weighting, with a focus on market-capitalization weighting; it excludes companies involved in activities such as adult entertainment, alcohol, tobacco, cannabis, gambling, weapons production, nuclear power, and fossil fuels (including coal, oil, and gas exploration, production, or distribution), as well as those failing labor, human rights, environmental, anti-corruption standards or diversity criteria like board gender diversity. Top holdings include NVIDIA Corp., Apple Inc., Microsoft Corp., Alphabet Inc., and Amazon.com Inc., representing technology, consumer discretionary, financials, health care, and industrials sectors; the fund offers institutional investors a low expense ratio of 0.07%-0.09%, minimum initial investment of $5 million, and serves the large blend category with total net assets exceeding $25 billion. Operated by The Vanguard Group, Inc., headquartered in Malvern, Pennsylvania and founded in 1975, the fund primarily targets institutional investors such as retirement plans and wealth managers seeking ESG-aligned exposure to U.S. equities. It provides diversified access to approximately 681 holdings across domestic large- and mid-cap stocks, with heavy weighting in technology (49.2%), consumer discretionary (16.0%), and financials (9.3%); geographic operations are U.S.-focused. In a significant recent development effective February 6, 2024, the fund's target index was renamed from the FTSE4Good US Select Index to the FTSE US Choice Index, reflecting updated ESG screening methodologies by FTSE Russell while maintaining its core exclusionary criteria. Vanguard has continued broader strategic enhancements, including its largest fee cuts in early 2025 costing an estimated $350 million, establishment of a dedicated advice and wealth management division, and a partnership with HarbourVest in 2025 to enter private equity offerings, alongside robust asset inflows rivaling BlackRock. The fund remains part of Vanguard's expanding lineup, with no specific acquisitions or reorganizations directly affecting VFTNX, but benefiting from the firm's overall growth and ETF share splits in related index series.