Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX)
Vanguard Mid-Cap Index Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $413.97, up 0.57% on the session, giving a market capitalisation of $231.28B. Its beta of 1.00 implies it has historically moved less than the broad market.
This affordably priced investment vehicle offers extensive access to mid-sized American companies. Its primary goal is to mirror the performance of a specific benchmark index comprising these medium-capitalization firms. It's worth noting that the equities of such companies often display more significant price fluctuations than those of larger corporations, a characteristic that poses a notable risk for this fund. Consequently, it may appeal to investors aiming to strategically integrate a passively managed, mid-cap stock segment into an already well-rounded investment portfolio.
Vanguard Mid-Cap Index Fund Admiral Shares is most often compared with the following Financial Services names: