Information on the Vanguard Frequent Trading Policy

Certain Vanguard funds have a frequent trading policy that specifies that you cannot buy back the fund if it was sold by you within the last 30 days.

If you have made any changes that result in a sale of Vanguard fund(s) within 30 days and try to buy back the same fund(s) within your target asset allocation, your target allocation will exclude the Vanguard fund and your remaining target asset allocation will be pro-rated.

  • Example: You want to change your investment election and rebalance from 50% SPY and 50% VBTXL to 100% SPY. Then change your mind to 20% SPY, 60% VBTXL, 20% BND within 30 days of selling VBTXL, your target allocation will be 50% SPY and 50% BND. 

If you have made any changes that result in a sale of Vanguard fund(s) within 30 days but try to buy back the same fund(s) within your target asset allocation with this fund as the single position (100%), your investment election change will be made but the trade will not be processed. 

  • Example: If you try to buy back VBTXL as 100% of your target allocation but only sold it within 30 days, no trades will be generated.

Important note: Sells of Vanguard fund(s) resulting from fees and distributions are excluded from this restriction. 

List of Vanguard Funds Subject to the Frequent Trading Policy

Note: This list is subject to change and was last updated on January 28, 2025. If you would like to inquire about a specific fund not listed below, please contact help@vestwell.com.

Symbol CUSIP Description
VFITX 922031802 Vanguard Interm-Term Treasury Inv
VRTVX 92206C631 Vanguard Russell 2000 Value Index I
VFIAX 922908710 Vanguard 500 Index Admiral
VFICX 922031885 Vanguard Interm-Term Invmt-Grade Inv
VTCAX 92204A777 Vanguard Communication Svcs Idx Admiral
VTWNX 92202E805 Vanguard Target Retirement 2020 Fund
VBTLX 921937603 Vanguard Total Bond Market Index Adm
VFORX 92202E870 Vanguard Target Retirement 2040 Fund
VGHAX 921908885 Vanguard Health Care Adm
VMGRX 921946307 Vanguard Mid Cap Growth Inv
VWIGX 921910204 Vanguard International Growth Inv
VTHRX 92202E888 Vanguard Target Retirement 2030 Fund
VIGAX 922908660 Vanguard Growth Index Admiral
VPADX 922042700 Vanguard Pacific Stock Index Admiral
VSGDX 922031844 Vanguard Short-Term Federal Adm
VVIAX 922908678 Vanguard Value Index Adm
VEXAX 922908694 Vanguard Extended Market Index Admiral
VSCSX 92206C607 Vanguard Short-Term Corp Bd Idx Admiral
VMCIX 922908835 Vanguard Mid Cap Index Institutional
VSMAX 922908686 Vanguard Small Cap Index Admiral Shares
VFSTX 922031406 Vanguard Short-Term Investment-Grade Inv
VSIAX 921937686 Vanguard Small Cap Value Index Admiral
VCMDX 921939708 Vanguard Commodity Strategy Admiral
VWNEX 922018403 Vanguard Windsor™ Admiral™
VTSPX 922020607 Vanguard Shrt-Term Infl-Prot Sec Idx Ins
VWINX 921938106 Vanguard Wellesley® Income Inv
VUIAX 92204A769 Vanguard Utilities Index Adm
VBILX 921937801 Vanguard Interm-Term Bond Index Adm
VTTHX 92202E508 Vanguard Target Retirement 2035 Fund
VIMAX 922908645 Vanguard Mid Cap Index Admiral
VSTCX 922038609 Vanguard Strategic Small-Cap Equity Inv
VFIRX 922031851 Vanguard Short-Term Treasury Adm
VASVX 921946109 Vanguard Selected Value Inv
VGSLX 921908877 Vanguard Real Estate Index Admiral
VWNAX 922018304 Vanguard Windsor™ II Admiral™
VTTVX 92202E409 Vanguard Target Retirement 2025 Fund
VEXRX 921926200 Vanguard Explorer Adm
VGELX 921908802 Vanguard Energy Adm
VMFXX 922906300 Vanguard Federal Money Market Investor
VAIPX 922031737 Vanguard Inflation-Protected Secs Adm
VIPSX 922031869 Vanguard Inflation-Protected Secs Inv
VASGX 921909503 Vanguard LifeStrategy Growth Inv
VLTCX 92206C789 Vanguard Long-Term Corporate Bd Idx Adm
VWUAX 921910600 Vanguard US Growth Admiral™
VMNVX 921946869 Vanguard Global Minimum Volatility Admr
VLCAX 922908579 Vanguard Large Cap Index Admiral
VLGSX 92206C821 Vanguard Long-Term Treasury Idx Admiral
VMRXX 922906508 Vanguard Cash Rsrv Federal MnyMktAdmiral
VEIRX 921921300 Vanguard Equity-Income Adm
VTMGX 921943809 Vanguard Developed Markets Index Admiral
VFAIX 92204A835 Vanguard Financials Index Admiral
VEUSX 922042809 Vanguard European Stock Admiral
VCOBX 922020839 Vanguard Core Bond Admiral
VCSAX 92204A850 Vanguard Consumer Staples Index Admiral
VWESX 922031109 Vanguard Long-Term Investment-Grade Inv
VHCIX 92204A827 Vanguard Health Care Index Admiral
VGIAX 921913208 Vanguard Growth & Income Adm
VITSX 922908801 Vanguard Total Stock Market Idx I
VFIFX 92202E862 Vanguard Target Retirement 2050 Fund
VLXVX 92202E680 Vanguard Target Retirement 2065 Fund
VFSAX 922042593 Vanguard FTSE All-Wld ex-US SmCp Idx Adm
VCDAX 92204A868 Vanguard Consumer Discretionary Idx Adm
VGSTX 921909107 Vanguard STAR Inv
VSIGX 92206C888 Vanguard Intmdt-Term Trs Idx Admiral
VSCGX 921909305 Vanguard LifeStrategy Cnsrv Gr Inv
VTTSX 92202E839 Vanguard Target Retirement 2060 Fund
VFIUX 922031828 Vanguard Interm-Term Treasury Adm
VDADX 921908828 Vanguard Dividend Appreciation Index Adm
VUSXX 921932109 Vanguard Treasury Money Market Investor
VICBX 92206C862 Vanguard Interm-Term Corp Bd Idx Instl
VMCPX 922908389 Vanguard Mid Cap Index InstitutionalPlus
VBLAX 921937652 Vanguard Long-Term Bond Index Admiral
VTMSX 921943403 Vanguard Tax-Managed Small Cap Adm
VTABX 92203J308 Vanguard Total Intl Bd Idx Admiral™
VUSFX 922031711 Vanguard Ultra-Short-Term Bond Admiral
VSCIX 922908876 Vanguard Small Cap Index I
VTIAX 921909818 Vanguard Total Intl Stock Index Admiral
VSGAX 921937710 Vanguard Small Cap Growth Index Admiral
VHYAX 921946786 Vanguard High Dividend Yield Index Adm
VTAPX 922020706 Vanguard Shrt-Term Infl-Prot Sec Idx Adm
VWILX 921910501 Vanguard International Growth Adm
VTIVX 92202E607 Vanguard Target Retirement 2045 Fund
VSGBX 922031604 Vanguard Short-Term Federal Inv
VEGBX 922020813 Vanguard Emerging Markets Bond Admiral
VGHCX 921908307 Vanguard Health Care Inv
VEXPX 921926101 Vanguard Explorer Inv
VSCPX 922908397 Vanguard Small Cap Index InstlPlus
VFFVX 92202E847 Vanguard Target Retirement 2055 Fund
VFTAX 921910717 Vanguard FTSE Social Index Admiral
VMVAX 921937694 Vanguard Mid-Cap Value Index Admiral
VSMGX 921909404 Vanguard LifeStrategy Mod Gr Inv Shrs
VFIDX 922031810 Vanguard Interm-Term Investment-Grde Adm
VTWAX 922042619 Vanguard Total World Stock Index Admiral
VWIAX 921938205 Vanguard Wellesley® Income Admiral™
VICSX 92206C854 Vanguard Interm-Term Corp Bd Idx Admiral
VMGMX 921937728 Vanguard Mid-Cap Growth Index Admiral
VBIAX 921931200 Vanguard Balanced Index Adm
VWEAX 922031760 Vanguard High-Yield Corporate Adm
VDIGX 921908604 Vanguard Dividend Growth Inv
VMIAX 92204A785 Vanguard Materials Index Admiral
VBIRX 921937702 Vanguard Short-Term Bond Index Adm
VHGEX 922038203 Vanguard Global Equity Inv
VTRIX 921939203 Vanguard International Value Inv
VFWAX 921937736 Vanguard FTSE All-Wld ex-US Idx Admiral
VITAX 92204A793 Vanguard Information Technology Idx Adm
VASIX 921909206 Vanguard LifeStrategy Income Inv
VSEQX 922038104 Vanguard Strategic Equity Inv
VEMAX 922042841 Vanguard Emerging Mkts Stock Idx Adm
VSBSX 92206C300 Vanguard Short-Term Treasury Idx Admiral
VWENX 921935201 Vanguard Wellington™ Admiral™
VTSAX 922908728 Vanguard Total Stock Mkt Idx Adm
VMBSX 92206C755 Vanguard Mortgage-Backed Secs Idx Adm
VFSUX 922031836 Vanguard Short-Term Investment-Grade Adm
VEIPX 921921102 Vanguard Equity-Income Inv
VINAX 92204A819 Vanguard Industrials Index Admiral
VENAX 92204A843 Vanguard Energy Index Admiral
VFIJX 922031794 Vanguard GNMA Adm