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Morningstar

Vanguard Mortgage-Backed Secs ETF VMBS

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 44.48  /  0.20 %
  • Total Assets 16.1 Bil
  • Adj. Expense Ratio
    0.040%
  • Expense Ratio 0.040%
  • Distribution Fee Level —
  • Share Class Type —
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.05%
  • Effective Duration 6.86 years

USD | NAV as of Sep 21, 2023 | 1-Day Return as of Sep 21, 2023, 1:00 AM GMT+0

Morningstar’s Analysis VMBS

Will VMBS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMBS’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the VMBS management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of VMBS’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Vanguard Mortgage-Backed Secs ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMBS

More VMBS Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 4932
  • Other Holdings 2
  • % Assets in Top 10 Holdings 3.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mktliq 12/31/2049

3.00
550,313,371
Cash and Equivalents

Government National Mortgage Association

0.49
88,929,592
Securitized

Federal National Mortgage Association

0.40
72,877,531
Securitized

Federal Home Loan Mortgage Corporation

0.40
72,677,255
Securitized

Federal National Mortgage Association

0.40
72,428,445
Securitized

Federal National Mortgage Association

0.38
69,396,646
Securitized

Federal National Mortgage Association 5.5%

0.36
65,767,500
Securitized

Federal Home Loan Mortgage Corporation

0.36
65,460,959
Securitized

Government National Mortgage Association

0.35
64,795,547
Securitized

Federal Home Loan Mortgage Corporation

0.34
61,542,210
Securitized