Vanguard Small-Cap Growth Index Fund Admiral Shares
VSGAX
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
FRC
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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
- Address
- Van Kampen Investments Inc. New York NY United States of America 10036
- IPO Date
- Sep 27, 2011
- CIK
- 0000799180
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Small-Cap Growth Index Fund Admiral Shares (VSGAX) is an index mutual fund that employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Growth Index, a broadly diversified benchmark comprising growth stocks of small-capitalization U.S. companies. The fund invests all or substantially all of its assets in the common stocks included in the index, holding each in approximately the same proportion as its weighting within the index; it maintains a well-diversified portfolio of over 600 holdings, with no single position exceeding 2% of assets and the top 10 holdings typically representing less than 10% of the portfolio. Sector allocations feature overweightings in technology (approximately 27%) and industrials, alongside an underweight in healthcare, while focusing primarily on small-cap growth stocks with some mid-cap exposure to moderate volatility; the Admiral Shares class requires a minimum initial investment of $3,000 and carries an adjusted expense ratio of 0.07%. Offered by The Vanguard Group, Inc., a leading investment management firm founded in 1975 and headquartered in Malvern, Pennsylvania, VSGAX primarily serves institutional and retail investors seeking exposure to the faster-growing segment of the U.S. small-cap equity market. The fund's geographic focus is predominantly U.S.-based (over 96% allocation), with minor exposures to Canada, developed Asia, the United Kingdom, and Latin America. Vanguard, which manages the fund, operates globally with offices across North America, Europe, Asia Pacific, and Australia, serving approximately 30 million investors in over 170 countries. In early 2025, Vanguard implemented its largest-ever fee reductions across more than 40% of its funds, including 168 share classes in 87 funds like those in the small-cap growth category, averaging a 20% cut and saving investors an estimated $350 million annually; this historic move, effective February 1, 2025, further lowered costs for VSGAX and peers, reinforcing Vanguard's low-cost leadership. Under new CEO Salim Ramji, appointed in mid-2024, Vanguard established a dedicated division for advice and wealth management services while sustaining robust asset inflows rivaling BlackRock's and doubling its client base since 2015. These strategic enhancements, alongside ongoing portfolio rebalancing tied to the CRSP index methodology with annual turnover around 21%, position the fund for durable risk-adjusted outperformance in the small-growth category.