The current investigation examines the vibrational properties of porous truncated conical structures made from a composite material consisting of polyvinylidene fluoride (PVDF) reinforced with Terfenol-D particles. The effective properties of the magneto-electro-elastic composite were determined using the Eshelby–Mori–Tanaka model. The governing equation of the system is obtained by applying the principles of minimal potential energy and Hamilton’s principle to the first-order shear deformation theory. The equations are solved utilizing the generalized differential quadrature technique. This study aims to examine the interconnections among the volume percentage, vertex angle, shell length, boundary conditions, and porosity of Terfenol-D. Moreover, to validate the results, a comprehensive analysis was performed by comparing them with the existing body of literature, resulting in a favorable and accurate agreement. The results demonstrate a consistent decrease in the linear natural frequency as the vertex angle gradually increases. The findings derived from this study have the potential to serve as a reference point for future analyses.