"Admiral shares" refers to a type of mutual fund share class that is meant for larger investors. These shares typically have lower expenses and higher minimum investment requirements compared to other share classes of the same fund. Full definition
I have a plan to get Admiral shares of Vanguard Total US Stock Market (ER of 0.06 %), then use the bond fund and international index fund in my 401 (k)(ERs of 0.04 % and 0.14 %) to round out my portfolio. (money.stackexchange.com)
Vanguard says it automatically evaluates fund accounts for Admiral Shares eligibility, but if a balance in the fund drops below the minimum requirement, the account may also be automatically converted back. (nerdwallet.com)
The majority of retail investors opt for the lower - cost Admiral share class, which charges just 0.04 % annually, making it one of the cheapest mutual funds available. (mutualfunds.com)