VITPX same as VTSAX?

[katsiki]

Through my state's 529 plan, VITPX is offered.  It appears to be an institutional version of VTSAX.  Can anyone confirm?

TIA.

[redrocker]

Assuming you're in the Louisiana Start program, the Total Stock Index option i see in the third addendum (dated June 2014*) is actually VITNX Total Stock Market Index Institutional shares. This is what I believe I have, although it's hard to confirm because within my account it doesn't show the fund symbol, just the full name.

Regardless, VITNX, VITPX appear identical except for minimum investment, and they appear identical to VTSAX except for a small decrease in expense ratio and minimum investment.




*addendum here: https://www.startsaving.la.gov/savings/pdf/Supplement_Number_3_6-01-14.pdf

[seattlecyclone]

Yep, they're the same except for the expense ratio.

[katsiki]

Thanks guys.

And yes, I was referring to the LA Start plan.  Hello neighbor!

I did notice the different fund name in some of the documentation.  Glad to see that they are the same / very similar.