Morningstar

Vanguard GNMA Fund Investor Shares VFIIX

Medalist Rating as of Oct 22, 2026 See Vanguard Investment Hub

Strategy

The investment seeks to provide a moderate level of current income. Under normal circumstances, the fund invests at least 80% of its assets in Government National Mortgage Association (GNMA) pass-through certificates, which are fixed income securities representing part ownership in a pool of mortgage loans supported by the full faith and credit of the U.S. government.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VFIIX	Vanguard GNMA Fund Investor Shares	No Load	Open			Jun 27, 1980	$1.71B	0.210%	Low	$3,000	−$295.60M
VFIJX	Vanguard GNMA Fund Admiral Shares	Institutional	Open			Feb 12, 2001	$8.56B	0.110%	Low	$50,000	−$500.73M

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