Morningstar

Vanguard Mortgage-Backed Securities Index Fund Institutional Shares VMBIX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Vanguard Investment Hub
  • NAV / 1-Day Return $24.47  /  −0.16 %
  • Fund Size $17.1B
  • Adjusted Expense Ratio 0.020%
  • Net Expense Ratio 0.040%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Government Mortgage-Backed Bond
  • Fixed-Income Style Box (Funds) High/Moderate
  • Minimum Initial Investment $5M
  • Investment Status Open
  • TTM Yield 4.07%
  • Average Effective Duration 5.78 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VMBIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Vanguard Mortgage-Backed Secs Idx Instl holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings VMBIX

More VMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mktliq 12/31/2049

3.85 681M
Cash and Equivalents

Federal National Mortgage Association

0.49 86M
Securitized

Federal National Mortgage Association 5.5%

0.44 78M
Securitized

Government National Mortgage Association

0.32 57M
Securitized

Federal National Mortgage Association 6.5%

0.28 50M
Securitized

Government National Mortgage Association

0.28 50M
Securitized

Government National Mortgage Association

0.28 49M
Securitized

Federal Home Loan Mortgage Corp.

0.27 47M
Securitized

Government National Mortgage Association

0.26 46M
Securitized

Federal National Mortgage Association

0.26 46M
Securitized

Sponsor Center