Vanguard Growth and Income Fund Admiral Shares
VGIAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- May 14, 2001
- CIK
- 0000799127
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Growth and Income Fund (VGIAX), Admiral Shares of Vanguard Quantitative Funds, seeks to provide a total return consisting of capital appreciation and dividend income that exceeds the return of the S&P 500 Index. The fund invests at least 65% (and typically more than 90%) of its assets in large-cap stocks included in the S&P 500 Index, employing quantitative models to select a diversified portfolio of approximately 707 holdings that exhibit characteristics similar to the index but with potential for higher returns; most holdings offer both dividend income and growth potential. It operates in the large blend category, targeting institutional and high-net-worth investors with a minimum initial investment of $50,000 USD, and maintains a low expense ratio of 0.24%-0.26% with semiannual dividend distributions. Managed within The Vanguard Group, Inc., headquartered in Malvern, Pennsylvania (founded 1975), the fund is part of Vanguard Quantitative Funds and domiciled in the United States, serving investors primarily in North America through brokerage platforms and direct accounts. Core offerings include Admiral Shares (VGIAX) and Investor Shares (VQNPX), with assets under management exceeding $15 billion as of mid-2025; the portfolio emphasizes U.S. large-cap equities across growth and value styles, featuring top holdings such as Apple Inc., Amazon.com Inc., and Meta Platforms Inc. In recent developments, the fund's board of trustees renewed advisory arrangements in 2025 with subadvisors D. E. Shaw Investment Management, L.L.C., Los Angeles Capital Management LLC, and Wellington Management Company LLP, determining these relationships serve shareholder interests. Earlier changes included Wellington Management's expanded role around 2019-2020, with Vanguard Quantitative Equity Group ceasing advisory duties for enhanced efficiency. The fund continues active management without noted acquisitions, mergers, or new product launches in the past 1-2 years, focusing on quantitative and fundamental approaches for outperformance amid a total turnover rate of 84%.