All-in-one funds A diversified portfolio in a single fund                   Core funds An easier approach for most goals                   All our funds 116 matching funds Asset class All Money market Bonds Balanced Stocks - show stylesshow styles   Val Blnd Grw   Lg       Mkt Cap Mid       Sm         Style International Management Active Index Risk Less risk Less reward More risk More reward           Fund minimum $1,000 $3,000 $10,000 $25,000 and up Closed funds Tax-efficiency Taxable Tax-managed Tax-exempt Tax-managed funds Tax-managed funds aim to minimize the impact of taxes on investors' total returns. They are specifically managed to: Minimize portfolio turnover. Minimize capital gains when selling shares. Avoid securities that provide taxable dividend income. Tax-exempt funds Tax-exempt funds seek to provide current income that is exempt from federal personal income taxes. You might consider a tax-exempt fund if: You are not investing in a tax-advantaged account (these include IRAs, 529s, and 401(k)s). You are in a higher federal tax bracket (28% or higher). Share class Investor Admiral Institutional Share class Vanguard offers three mutual fund share classes. A fund's objective, management, and underlying investments are identical in each class. The expense ratios distinguish the share classes and reflect the differing costs borne by each share class.  Investor Shares. Traditional shares for individual investors. Investor Shares typically feature low minimum initial investments. Admiral™ Shares. Lower-expense shares available to Vanguard investors with higher account balances. Admiral Shares require a minimum investment of $100,000. Learn more Institutional Shares. Shares for companies and organizations with account balances of $5 million or more.         Search our funds Fund tools More ways to research funds

All Vanguard funds You can purchase only three funds at a time. There are no funds to display based upon your filter criteria.  Set my default view: Performance Price & Yield Performance Price & Yield Distributions Attributes › Average Annual Month-End | Average Annual Quarter-End | Cumulative | Quarterly | Yearly   Name Ticker Asset Class YTD as of 01/06/2009 Average Annual Returns as of 12/31/2008 1 Year 5 Year 10 Year Since Inception Inception Date 500 Index VFINX Stock - General 3.53% –37.02% –2.29% –1.46% 10.03% 08/31/1976 Admiral Treasury Money Market VUSXX Money Market - Taxable 0.02% 2.10% 3.13% 3.31% 3.84% 12/14/1992 Asset Allocation VAAPX Balanced 3.49% –36.39% –1.71% 0.26% 8.26% 11/03/1988 Balanced Index VBINX Balanced 2.29% –22.21% 0.96% 2.08% 6.85% 11/09/1992 California Intermediate-Term Tax-Exempt VCAIX Bond - Tax-Exempt 1.04% –2.14% 1.95% 3.73% 4.74% 03/04/1994 California Long-Term Tax-Exempt VCITX Bond - Tax-Exempt 1.46% –6.87% 1.48% 3.61% 5.97% 04/07/1986 California Tax-Exempt Money Market VCTXX Money Market - Tax-Exempt 0.01% 2.00% 2.44% 2.30% 3.16% 06/01/1987 Capital Opportunity Redemption Fee:1% if held < 1 yr VHCOX Stock - Aggressive 5.78% –39.08% 0.71% 8.94% 9.05% 08/14/1995 Capital Value VCVLX Stock - Aggressive 11.74% –48.84% –7.55% — –4.82% 12/17/2001 Convertible Securities Redemption Fee:1% if held < 1 yr VCVSX Balanced 4.19% –29.79% 0.05% 4.64% 7.06% 06/17/1986 Developed Markets Index Redemption Fee:2% if held < 2 mos VDMIX International 1.06% –41.62% 2.19% — –0.76% 05/08/2000 Diversified Equity VDEQX Stock - General 4.03% –39.45% — — –7.18% 06/10/2005 Dividend Appreciation Index VDAIX Stock - General 1.93% –26.56% — — –6.31% 04/27/2006 Dividend Growth VDIGX Stock - General 2.98% –25.57% 1.96% 0.16% 5.86% 05/15/1992 Emerging Markets Stock Index Purchase Fee: 0.25% Redemption Fee:0.25% VEIEX International 7.99% –53.04% 7.05% 8.84% 4.96% 05/04/1994 Energy Redemption Fee:1% if held < 1 yr VGENX Stock - Sector 9.83% –42.87% 13.10% 14.75% 12.37% 05/23/1984 Equity Income VEIPX Stock - General 1.61% –30.95% 0.69% 1.92% 8.77% 03/21/1988 European Stock Index Redemption Fee:2% if held < 2 mos VEURX International 2.01% –44.73% 2.08% 0.74% 6.81% 06/18/1990 Explorer VEXPX Stock - Aggressive 3.68% –40.40% –3.11% 3.42% 7.88% 12/11/1967 Extended Market Index VEXMX Stock - Aggressive 4.62% –38.73% –0.89% 1.62% 8.73% 12/21/1987 Federal Money Market VMFXX Money Market - Taxable 0.03% 2.53% 3.28% 3.42% 5.62% 07/13/1981 Florida Long-Term Tax-Exempt VFLTX Bond - Tax-Exempt 1.33% –5.08% 1.84% 3.98% 5.42% 09/01/1992 FTSE All-World ex-US Index Redemption Fee:2% if held < 2 mos VFWIX International 2.70% –44.09% — — –21.18% 03/08/2007 FTSE Social Index VFTSX Stock - General 4.02% –42.39% –6.43% — –6.64% 05/31/2000 Global Equity VHGEX International 3.24% –46.66% –0.24% 5.02% 6.53% 08/14/1995 GNMA VFIIX Bond - Taxable 0.93% 7.22% 5.19% 5.77% 8.45% 06/27/1980 Growth and Income VQNPX Stock - General 3.65% –37.72% –3.04% –1.18% 8.43% 12/10/1986 Growth Equity VGEQX Stock - Aggressive 4.86% –47.86% –5.09% –4.49% 4.70% 03/11/1992 Growth Index VIGRX Stock - General 4.53% –38.32% –3.14% –3.30% 5.97% 11/02/1992 Health Care Redemption Fee:1% if held < 1 yr VGHCX Stock - Sector –0.76% –18.45% 3.59% 7.92% 16.74% 05/23/1984 High Dividend Yield Index VHDYX Stock - General 2.11% –32.51% — — –15.21% 11/16/2006 High-Yield Corporate Redemption Fee:1% if held < 1 yr VWEHX Bond - Taxable 3.67% –21.29% –0.62% 1.92% 7.83% 12/27/1978 High-Yield Tax-Exempt VWAHX Bond - Tax-Exempt 1.53% –10.45% 1.01% 3.06% 6.47% 12/27/1978 Inflation-Protected Securities VIPSX Bond - Taxable –1.13% –2.85% 3.88% — 6.71% 06/29/2000 Intermediate-Term Bond Index VBIIX Bond - Taxable –0.59% 4.93% 4.67% 5.81% 6.53% 03/01/1994 Intermediate-Term Investment-Grade VFICX Bond - Taxable –0.14% –6.16% 2.13% 4.50% 5.32% 11/01/1993 Intermediate-Term Tax-Exempt VWITX Bond - Tax-Exempt 0.93% –0.14% 2.63% 3.89% 5.67% 09/01/1977 Intermediate-Term Treasury VFITX Bond - Taxable –0.79% 13.32% 6.34% 6.52% 7.35% 10/28/1991 International Explorer Redemption Fee:2% if held < 2 mos VINEX International 1.05% –46.62% 3.04% 8.49% 7.56% 11/04/1996 International Growth Redemption Fee:2% if held < 2 mos VWIGX International 3.69% –44.94% 1.93% 1.31% 10.31% 09/30/1981 International Value Redemption Fee:2% if held < 2 mos VTRIX International 2.94% –41.74% 3.38% 3.47% 9.25% 05/16/1983 Large-Cap Index VLACX Stock - General 3.72% –37.08% — — –2.25% 01/30/2004 LifeStrategy Conservative Growth VSCGX Balanced 1.73% –19.52% 1.45% 2.80% 6.49% 09/30/1994 LifeStrategy Growth VASGX Balanced 3.06% –34.39% –0.30% 0.75% 6.28% 09/30/1994 LifeStrategy Income VASIX Balanced 1.14% –10.53% 2.43% 3.76% 6.58% 09/30/1994 LifeStrategy Moderate Growth VSMGX Balanced 2.45% –26.50% 0.88% 1.98% 6.59% 09/30/1994 Limited-Term Tax-Exempt VMLTX Bond - Tax-Exempt 0.42% 2.91% 2.63% 3.55% 4.89% 08/31/1987