The 2022 retirement of experienced contributor Gemma Wright-Casparius is a tough pill for Vanguard Inflation-Protected Securities to swallow. The strategy receives a Morningstar Analyst Rating downgrade to Bronze from Silver on its cheapest institutional share class while its pricier shares are rated Neutral.
Vanguard Inflation-Protected Secs Adm VAIPX
NAV / 1-Day Return
25.88
/
0.66
%
Total Assets
37.8 Bil
Adj. Expense Ratio
0.100%
Expense Ratio
0.100%
Fee Level
Low
Longest Manager Tenure
0.75
years
Category
Inflation-Protected Bond
Credit Quality / Interest Rate Sensitivity
High / ModerateMin. Initial Investment
50,000
Status
Open
TTM Yield
7.81%
Effective Duration
6.75
years
Morningstar’s Analysis
Will VAIPX 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 VAIPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VAIPX 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 VAIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A new manager inherits this cost-conscious option for inflation hedging.
