Vanguard FTSE Social Index Fund Admiral Shares VFTAX NASDAQ

Vanguard FTSE Social Index Fund Admiral Shares is an index mutual fund that employs a passive investment strategy to track the FTSE Social Index, which comprises large-cap and mid-cap stocks of companies that meet specific environmental, social, and governance (ESG) criteria. The fund aims to replicate the target index's performance by investing substantially all of its assets directly in the constituent stocks, maintaining weightings that closely mirror those of the underlying index. This approach provides investors with diversified exposure to socially responsible companies while minimizing costs through a passive management structure.