The 2022 retirement of experienced contributor Gemma Wright-Casparius is a tough pill for Vanguard Inflation-Protected Securities to swallow. The strategy receives a Morningstar Analyst Rating downgrade to Bronze from Silver on its cheapest institutional share class while its pricier shares are rated Neutral.
Will VAIPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VAIPX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VAIPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VAIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.