Vanguard 500 Index Fund Admiral Shares (VFIAX)


The Vanguard 500 Index Fund Admiral Shares (VFIAX) is an investment fund based on the Standard & Poor's 500 index. It invests in the stocks of large-cap companies with higher growth potential than the broad market.

More About Vanguard 500 Index Fund Admiral Shares (VFIAX)

Continue reading to learn more about:

Is there an S & P 500 index fund?
What is the benefit of Admiral shares?
Does Vanguard automatically switch to Admiral shares?
Can you buy Vanguard Admiral shares at Fidelity?
What is the difference between Admiral shares and institutional shares?


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Is there an S & P 500 index fund?


VFIAX is a stock mutual fund that owns every U.S. company in the S & P 500 index and provides instant diversification for shareholders. This Vanguard mutual fund is a member of the Vanguard family, is tax-efficient, and is managed to track the performance of the S&P 500 without incurring additional trading fees.If low management fees, long-term investing, and prescient saving make sense to you, then this product is for you.


 
 

What is the benefit of Admiral shares?


Admiral Shares have a number of features that make them different from other Vanguard mutual funds. They provide higher income potential and lower expense ratios compared to investor shares. A few things they do not offer are trading flexibility and the ability to redeem shares within the first 30 days of required minimum distributions (RMDs).

 

Does Vanguard automatically switch to Admiral shares?

To help investors save on trading costs, Vanguard offers Vanguard 500 Index Fund Admiral Shares as a no-cost alternative to its investor share class. If you're eligible, Vanguard will automatically convert your Vanguard 500 Index Fund Investor shares to Admiral shares when you place your next order for the fund.
This fund attempts to match the return performance of the index. The growth of this fund depends on the dividends paid by stocks and changes in their stock prices. In addition, Admiral shares provide more diversification than investor shares and are more suitable for retirement plans.
 
  • Can you buy Vanguard Admiral shares at Fidelity?

    Vanguard Admiral shares are available at Fidelity. Admiral shares have lower annual expense ratios than their investor shares (0.10% compared with 0.15%). You can buy and sell Vanguard mutual funds, ETFs, and funds of funds like any other security at Fidelity.
  • What is the difference between Admiral shares and institutional shares?

    Admiral shares and institutional shares differ mainly in the amount you can invest in them and the availability of certain services they receive from Vanguard. Admiral Shares have higher investment minimums, wider bid-ask spreads, and lower annual expense ratios than institutional shares. These differences generally mean that Admiral shares cost more when you buy and sell them through Vanguard.