Vanguard Small Cap Index Fund expenses

 examines the history of the fund's measurable expenses: the management expense ratio and the commission ratio, which measures the cost of fund brokerage commission expense. The fund, initially beginning (10/03/1960 inception date) as the Naess & Thomas Small Growth Fund, was converted to a small cap index fund tracking the Russell 2000 index in September 1989.



Transaction fee history

 * From conversion (September 1989) through 1996, the fund imposed a 1.00% transaction fee on purchases.
 * From 1997 through March 31, 2000, the fund imposed a 0.50% transaction fee on purchases.