Vanguard Global Minimum Volatility Fund Admiral Shares
VMNVX
NASDAQ- -
USD
- -
- -
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.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- PO Box 2600 Valley Forge PA United States of America 19482
- IPO Date
- Dec 17, 2013
- CIK
- 0001004655
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Whitehall Funds - Vanguard Global Minimum Volatility Fund (VMNVX) is an open-end mutual fund that seeks long-term capital appreciation with lower volatility relative to the global equity market by investing primarily in U.S. and foreign stocks selected for their expected lower volatility; the fund employs quantitative models to construct a portfolio from the FTSE Global All Cap Index (USD hedged), applying constraints for diversification, liquidity, and sector/country/stock balance while hedging most currency exposure back to the U.S. dollar. Admiral Shares (VMNVX) carry an expense ratio of 0.14% and minimum investment typically suited for larger accounts, alongside Investor Shares (VMVFX) at 0.21%; the portfolio spans large-, mid-, and small-cap stocks across developed and emerging markets, with current allocations emphasizing the United States (approximately 59%), United Kingdom, Canada, India, France, Switzerland, Taiwan, Australia, and Japan, and sector weights led by information technology, health care, financials, consumer staples, and industrials. The fund, part of The Vanguard Group's offerings managed by the Vanguard Quantitative Equity Group with Scott Rodemer as a key portfolio manager since March 2023, was incepted on December 12, 2013, and is domiciled in the United States with headquarters in Malvern, Pennsylvania. Recent developments include a dividend payout of $0.88 per share on December 15, 2023, with ongoing annual distributions reflecting a 5-year dividend growth rate of 8.46%; Vanguard as the parent organization announced a strategic partnership with HarbourVest in late 2025 to enter private equity, broadening access for qualified investors though not directly impacting this equity fund, alongside broader firm expansions such as new municipal bond ETF launches in 2024-2025 and enhancements to the Investor Choice program adding equity index funds in May 2025. The fund maintains a turnover rate of 34.9% and holds approximately 277 securities, with top positions including United Microelectronics Corp., Cencora Inc., Republic Services Inc., Progressive Corp., and Johnson & Johnson, representing about 15.5% of assets; no major acquisitions, mergers, or reorganizations specific to VMNVX have been reported in the last 1-2 years, underscoring its stable quantitative low-volatility strategy amid Vanguard's ongoing product innovations.