Vanguard Information Technology Index Fund Admiral Shares (VITAX) is an open-ended mutual fund that employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, which measures the investment return of large-, mid-, and small-cap U.S. companies within the information technology sector as defined by the Global Industry Classification Standard (GICS). The fund invests all or substantially all of its assets in the common stocks included in the benchmark index, providing exposure to information technology stocks including software, semiconductors, hardware, IT services, and electronic equipment; top holdings as of recent data feature NVIDIA Corp (18.19%), Apple Inc (14.29%), Microsoft Corp (12.93%), Broadcom Inc (4.48%), and Palantir Technologies Inc (2.09%), representing approximately 51.98% of the portfolio. With total net assets of $137.92 billion and a share class size of $18.95 billion, the fund maintains a low net expense ratio of 0.09%, quarterly dividend frequency, and a minimum initial investment of $100,000 for Admiral Shares.
Launched on March 25, 2004, and domiciled in the United States, VITAX operates primarily through U.S. stock investments (98.74% allocation), with minor non-U.S. stock (0.75%) and cash (0.51%) positions, focusing on the technology sector (96.87% of assets) while targeting long-term investors seeking sector-specific growth exposure.
The fund is managed by Vanguard Group, Inc., headquartered at 100 Vanguard Blvd., Malvern, PA 19355, with recent portfolio management changes including the appointment of Kenny Narzikul and Jena Stenger effective February 18, 2025; it remains part of Vanguard's broader lineup of low-cost index funds available for sale in the United States.