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VanguardValue Index Fund

Fact sheet | September 30, 2020 Vanguard Vanguard Value Index FundDomestic stock fund | Institutional SharesFund facts Risk level Low High Total net assets Expense ratio as of 04/28/20 Ticker symbol Turnover rate as of 12/31/19 Inception date fund number 12345 $11,686 MM %VIVIX %07/02/98 0867 Investment objectiveVanguard Value Index fund seeks to track the performance of a benchmark Index that measures the investment return of large-capitalization value stocks . BenchmarkSpliced Value Index Growth of a $10,000 investment : January 31, 2010 December 31, 2019 $33,288 fund as of 12/31/19 $33,405 Benchmark as of 12/31/19 Annual returnsSpliced Value Index : S&P 500 Value Index (formerly known as the S&P 500/Barra Value Index ) through May 16, 2003; MSCI US Prime Market Value Index through April 16, 2013; CRSP US Large Cap Value Index thereafter.

Fact sheet | December 31, 2018 VanguardValue Index Fund Domestic stock fund|Institutional Shares ConnectwithVanguardfi>vanguard.com Plain talk about risk An investment in the fund could lose money over short or even long periods.

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