Skip to Content

Vanguard GNMA Inv VFIIX

Analyst rating as of
NAV / 1-Day Return
9.07  /  0.54 %
Total Assets
18.2 Bil
Adj. Expense Ratio
Expense Ratio
Fee Level
Below Average
Longest Manager Tenure
3.36 years
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / Moderate
Min. Initial Investment
TTM Yield
Effective Duration
5.46 years

Morningstar’s Fund Analysis VFIIX

Will VFIIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

There’s a new manager in the house, but this GNMA-focused strategy remains compelling.

Senior Analyst



Though the lead manager helming Vanguard GNMA is still relatively unproven, he and his team apply a thoughtful and risk-aware approach to the agency mortgage market. Boosted by cheap fees, the strategy earns a Morningstar Analyst Rating of Silver on its Admiral share class and a Bronze on its pricier Investor class.

Unlock our full analysis with Morningstar Investor