Large Blend

Summary

The investment seeks to track the performance of the CRSP U.S. Total Market Index that measures the investment return of the overall stock market.
Fund Assets (millions) $2,202,624.4
Portfolio Managers 3
Fund Inception Apr 27, 1992
Gross Expense Ratio 0.02%
Fund Family Vanguard
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

U.S. Stocks 98.61%
Non-U.S. Stocks 0.61%
U.S. Bonds 0.00%
Non-U.S. Bonds 0.00%
Convertible 0.00%
Preferred 0.00%
Other 0.16%
Cash 0.62%
As of 4/30/2026
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through April 30, 2026
VSMPX
S&P 500 TR USD

Market Capitalization

$0.0 Mil
Average

Giant
40.9%
Large
31.1%
Medium
19.4%
Small
6.4%
Micro
2.2%

As of 4/30/2026

Morningstar Ownership ZoneTM

Large Blend
Weighted average of holdings
75% of fund's stock holdings
As of 4/30/26
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Investment Strategy

The fund manager employs an indexing investment approach designed to track the performance of the CRSP U.S. Total Market Index (the “Target Index”), which represents 100% of the investable U.S. stock market, as determined by the index provider. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the target index.

Fund Facts

Fund Inception Apr 27, 1992
Fund Assets (Millions) $2,202,624.4
Dividend Distribution Frequency Quarterly
Minimum Investment $100,000,000
Capital Gains Distribution Frequency --
Turnover 3%
Fiscal Year-End Dec
Prospectus Date Apr 28, 2026

Returns

Month-End Returns as of 4/30/26

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
VSMPX
S&P 500 TR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/26

Yield & Valuation

12-Month Distribution Rates (NAV)
1.07%
30-Day SEC Yield (Gross | Net) 1.18% | 1.18%
Price/Book 4.17
Price/Cash Flow 14.01
Price/Earnings 21.39
As of 4/30/2026

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Walter Nejman 10 yrs
Michelle Louie 3 yrs
Nick Birkett 1 yrs
As of 4/30/2026

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(1201)
3-yr. Morningstar RatingTM
(1201 funds rated)
5-yr. Morningstar RatingTM
(1116 funds rated)
10-yr. Morningstar RatingTM
(881 funds rated)
Overall Morningstar Risk Above Average
HIGH
LOW
Morningstar Category
Large Blend
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 4/30/2026.

Risk Measures

Fund
Standard Deviation
15.78
Sharpe Ratio
0.80
R-squared
99
Beta
1.03
Capture Ratio (Downside/Upside)
103/100
American Funds and Morningstar Benchmark for the 10 Years Years ending 4/30/26 R-squared, Beta and Capture Ratio calculated using the S&P 500 TR USD.

Holdings

Equities Breakdown

Sectors
Equity Fund Holdings
 Technology 33.5%
Financial Services 12.0%
Communication Services 10.3%
Consumer Cyclical 10.0%
Industrials 9.8%
Healthcare 9.2%
Consumer Defensive 4.7%
Energy 3.7%
Real Estate 2.4%
Utilities 2.3%
Basic Materials 2.0%

Percentage of net assets as of 4/30/2026

Top 10 Holdings

NVIDIA Corp
6.6%
Apple Inc
5.7%
Microsoft Corp
4.4%
Amazon.com Inc
3.7%
Alphabet Inc Class A
3.2%
Broadcom Inc
2.9%
Alphabet Inc Class C
2.5%
Meta Platforms Inc Class A
1.9%
Tesla Inc
1.5%
Berkshire Hathaway Inc Class B
1.2%

Percentage of net assets as of 4/30/2026

Geographic Breakdown

Regions | Top Countries
Americas
99.5%
Greater Europe
0.4%
Greater Asia
0.1%
Percentage of net assets as of 4/30/2026

Fees & Expenses

Fees

Annual Management Fees 0.02%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross
VSMPX 0.02%
Morningstar Category: Large Blend 0.80%
Fund as of most recent prospectus. Morningstar Category as of 4/30/26.