Vanguard Mid-Cap Growth Index Fund Admiral Shares VMGMX NASDAQ

Vanguard Mid-Cap Growth Index Fund Admiral Shares is an index mutual fund that tracks the performance of the CRSP US Mid Cap Growth Index. The fund employs a passive indexing strategy, investing substantially all of its assets in the stocks that comprise the index while maintaining weightings that closely mirror the target index. This approach provides investors with broad exposure to growth-oriented stocks of mid-sized U.S. companies. By replicating the index composition, the fund aims to deliver returns aligned with mid-cap growth market performance while maintaining low costs associated with passive management.