Vanguard Developed Markets Index Fund Admiral Shares
VTMGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- PO Box 2600 Valley Forge PA United States of America 19482
- IPO Date
- Aug 17, 1999
- CIK
- 0000923202
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Developed Markets Index Admiral (VTMGX) is a mutual fund share class offered by The Vanguard Group Inc that seeks to track the performance of the FTSE Developed ex North America Index. The fund provides low-cost, passive investment exposure to large- and mid-cap stocks of companies located in developed markets outside the United States and North America; this includes equity securities across sectors such as financials, industrials, consumer discretionary, health care, and information technology. It employs a full replication strategy to mirror the benchmark index by holding substantially all of its stocks in similar proportions to their weightings in the index, with a minimum initial investment of $3,000 for Admiral shares and an expense ratio of 0.09% as of the latest available data. The Vanguard Group Inc, founded in 1975 and headquartered in Malvern, Pennsylvania, operates globally with primary offices in the United States, Europe, Asia-Pacific, and Canada, serving individual and institutional investors worldwide. VTMGX targets long-term investors seeking diversified international equity exposure, complementing U.S.-focused portfolios; the fund holds approximately 4,000 stocks with top holdings including major firms like Nestle SA, ASML Holding NV, and Novo Nordisk A/S. As part of Vanguard's admiral share class lineup, it offers enhanced features such as lower expense ratios compared to investor shares and eligibility for automatic investment plans. Recent developments include Vanguard's ongoing expansion of its index fund offerings amid surging demand for passive strategies, with total assets under management in international equity funds exceeding $1 trillion as of late 2025; the firm announced enhancements to its ESG screening options for developed markets funds in early 2025, allowing investors to opt into sustainable variants without altering core tracking methodology. In 2024, Vanguard completed a strategic partnership with major wirehouses to streamline access to admiral share classes like VTMGX for high-net-worth clients, alongside a minor index reconstitution following FTSE's annual review that adjusted weights for European tech and Japanese industrials. No significant reorganizations or name changes have occurred for VTMGX or its parent in the last two years, maintaining its focus on cost efficiency and benchmark fidelity.