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Vanguard GNMA Adm VFIJX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Vanguard Investment Hub

Morningstar’s Analysis VFIJX

Will VFIJX 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 VFIJX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VFIJX 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 VFIJX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Remains a top pick for GNMA exposure.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Morningstar has qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. Since formally taking over here in mid-2020, Brian Conroy has navigated a variety of market environments well. But there were some supporting team changes in 2023, and it will take time for the team to adjust.

by Mike Mulach
Rated on Published on

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