Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Valley Forge, PA, United States.
VIMAX has IPO date of 2001-11-12, listed on the NASDAQ, a market capitalization of $199.47B.
The Vanguard Mid-Cap Index Fund Admiral Shares is a low-cost, passively managed index fund that provides broad exposure to mid-capitalization U.S. equities. The fund aims to track the performance of an index composed of medium-sized companies, which typically exhibit higher volatility compared to large-cap stocks. This increased price fluctuation represents a key risk factor for investors. The fund is designed for investors seeking to add a mid-cap equity allocation to a diversified investment portfolio while maintaining minimal expenses through index-based investing.
