Morningstar

Vanguard GNMA Fund Admiral Shares VFIJX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$9.22  /  +0.11%
  • Fund Size$10.4B
  • Adjusted Expense Ratio0.110%
  • Net Expense Ratio0.110%
  • Fee Level: DistributionLow
  • Share Class TypeInstitutional
  • Morningstar CategoryGovernment Mortgage-Backed Bond
  • Fixed-Income Style Box (Funds)High/Moderate
  • Minimum Initial Investment$50,000
  • Investment StatusOpen
  • TTM Yield3.90%
  • Average Effective Duration7.09 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VFIJX

Will VFIJX outperform in the 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.

Straightforward GNMA exposure at a good price.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Vanguard GNMA manager’s seasoned mortgage expertise and subadvisor Wellington’s strong analytical support make this team well suited to the strategy’s narrow GNMA mandate.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings VFIJX

More VFIJX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings13.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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