Morningstar will cease qualitative research coverage of Vanguard Mortgage-Backed Securities Index on or about April 17, 2021, to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this fund. We recommend users form their own views on this fund or obtain financial advice.
Vanguard Mortgage-Backed Secs Idx Adm VMBSX
NAV / 1-Day Return
21.46
/
0.37
%
Total Assets
14.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.070%
Expense Ratio
0.070%
Fee Level
Low
Longest Manager Tenure
8.02
years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / LimitedMin. Initial Investment
3,000
Status
Open
TTM Yield
1.59%
Effective Duration
3.63
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VMBSX 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 VMBSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VMBSX 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 VMBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Morningstar Will Cease Coverage of Vanguard Mortgage-Backed Securities Index
