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Vanguard GNMA Inv VFIIX

Analyst rating as of
NAV / 1-Day Return
9.76  /  0.42 %
Total Assets
19.5 Bil
Adj. Expense Ratio
0.210%
Expense Ratio
0.210%
Fee Level
Low
Longest Manager Tenure
2.97 years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / Moderate
Min. Initial Investment
3,000
Status
Open
TTM Yield
1.06%
Effective Duration
5.05 years
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Morningstar’s Analysis

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

Summary

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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.

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