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Vanguard Mortgage-Backed Secs ETF VMBS

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Morningstar’s Analysis

Will VMBS outperform in future?

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Morningstar Will Cease Coverage of Vanguard Mortgage-Backed Securities Index

Analyst Note

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Morningstar will cease qualitative research coverage of Vanguard Mortgage-Backed Securities Index on or about April 17, 2021, to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this fund. We recommend users form their own views on this fund or obtain financial advice.

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