The investment seeks to track the performance of the CRSP US Mid Cap Growth Index that measures the investment return of mid-capitalization growth stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Growth Index, a broadly diversified index of growth stocks of mid-size U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Constellation Energy Corporation

TransDigm Group Incorporated

DoorDash, Inc.

Roblox Corporation

Robinhood Markets, Inc.

Royal Caribbean Cruises Ltd.

Coinbase Global, Inc.

Motorola Solutions, Inc.

Howmet Aerospace Inc.

Vistra Corp.

Technology

Industrials

Consumer Cyclical

Healthcare

Financial Services

Real Estate

Utilities

Communication Services

Energy

Basic Materials

Vanguard Mid-Cap Growth Index Fund Investor Shares

This fund endeavors to replicate the investment returns of the CRSP US Mid Cap Growth Index, which measures the performance of mid-capitalization growth-oriented companies. Employing an indexing methodology, the fund aims to mirror this broadly diversified benchmark, consisting of growth stocks from mid-sized U.S. businesses. The advisor accomplishes this by investing nearly all of the fund's assets directly into the index's constituent stocks, holding each in a proportion closely aligned with its weighting within the index.

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P/E	33.04x
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