VFIIX: Vanguard GNMA Fund - MutualFunds.com

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Vanguard GNMA Inv

VFIIX - Snapshot

Vitals

  • YTD Return 1.6%
  • 3 Yr Annualized Return 3.3%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $27 B
  • Holdings in Top 10 31.7%

52 WEEK LOW AND HIGH

$10.71
$10.48
$10.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.21%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Compare VFIIX to Popular Intermediate-Term U.S. Treasury Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.72

+0.09%

$27.00 B

2.76%

$0.30

1.61%

0.21%

iShares MBS ETF

MBB | ETF |

$110.18

-0.05%

$22.38 B

2.71%

$2.99

1.91%

0.07%

$14.93

-0.07%

$19.52 B

1.73%

$0.26

8.19%

0.66%

-

-

$14.81 B

-

-

6.90%

0.15%

$54.05

0.00%

$13.04 B

2.72%

$1.47

1.69%

0.05%

VFIIX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard GNMA Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Jun 27, 1980
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Conroy

Fund Description

The fund invests at least 80% of its assets in Government National Mortgage Association (GNMA) pass-through certificates, which are fixed income securities representing part ownership in a pool of mortgage loans supported by the full faith and credit of the U.S. government. It may invest in other types of securities such as U.S. Treasury or other U.S. government agency securities. The fund's dollar-weighted average maturity will normally fall within an intermediate-term range (3 to 10 years).


VFIIX - Performance

Return Ranking - Trailing

Period VFIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -0.8% 8.8% 76.69%
1 Yr 3.7% 1.9% 9.7% 76.99%
3 Yr 3.3%* 1.8% 5.9% 65.82%
5 Yr 2.7%* 1.2% 4.0% 49.79%
10 Yr 2.9%* 0.6% 4.8% 19.25%

* Annualized

Return Ranking - Calendar

Period VFIIX Return Category Return Low Category Return High Rank in Category (%)
2019 2.9% -48.1% 7.1% 68.67%
2018 -2.0% -5.4% 0.2% 61.54%
2017 -0.8% -2.4% 0.9% 70.94%
2016 -1.1% -9.3% 1.4% 41.75%
2015 -1.5% -4.5% 3.3% 57.30%

Total Return Ranking - Trailing

Period VFIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -0.8% 8.8% 77.54%
1 Yr 3.7% -2.1% 9.7% 66.53%
3 Yr 3.3%* 1.0% 5.9% 56.96%
5 Yr 2.7%* 0.9% 4.0% 42.13%
10 Yr 2.9%* 0.6% 4.8% 18.31%

* Annualized

Total Return Ranking - Calendar

Period VFIIX Return Category Return Low Category Return High Rank in Category (%)
2019 2.9% 0.3% 7.1% 72.10%
2018 -2.0% -3.4% 2.0% 71.04%
2017 -0.8% -2.4% 4.6% 78.33%
2016 -1.1% -9.3% 1.5% 65.46%
2015 -1.5% -4.5% 3.3% 74.05%

NAV & Total Return History


VFIIX - Holdings

Concentration Analysis

VFIIX Category Low Category High VFIIX % Rank
Net Assets 27 B 12.3 M 27 B 0.83%
Number of Holdings 15496 10 15496 0.83%
Net Assets in Top 10 9.7 B 3.11 M 9.7 B 0.83%
Weighting of Top 10 31.71% 9.3% 100.0% 66.96%

Top 10 Holdings

  1. Vanguard Market Liquidity Inv 5.95%
  2. Vanguard Market Liquidity Inv 5.95%
  3. Vanguard Market Liquidity Inv 5.95%
  4. Vanguard Market Liquidity Inv 5.95%
  5. Vanguard Market Liquidity Inv 5.95%
  6. Vanguard Market Liquidity Inv 5.95%
  7. Vanguard Market Liquidity Inv 5.95%
  8. Vanguard Market Liquidity Inv 5.95%
  9. Vanguard Market Liquidity Inv 5.95%
  10. Vanguard Market Liquidity Inv 5.95%

Asset Allocation

Weighting Return Low Return High VFIIX % Rank
Bonds
86.36% 52.60% 135.78% 88.80%
Cash
13.64% -40.06% 32.99% 10.79%
Stocks
0.00% -0.01% 13.07% 50.62%
Preferred Stocks
0.00% 0.00% 0.48% 53.94%
Other
0.00% -0.77% 18.95% 55.19%
Convertible Bonds
0.00% 0.00% 19.14% 54.36%

Bond Sector Breakdown

Weighting Return Low Return High VFIIX % Rank
Securitized
86.44% 0.00% 100.00% 17.84%
Cash & Equivalents
13.51% 0.00% 37.68% 30.71%
Government
0.05% 0.00% 100.00% 81.33%
Derivative
0.00% 0.00% 8.89% 56.85%
Corporate
0.00% 0.00% 15.91% 62.24%
Municipal
0.00% 0.00% 14.60% 64.73%

Bond Geographic Breakdown

Weighting Return Low Return High VFIIX % Rank
US
86.36% 49.75% 134.90% 86.72%
Non US
0.00% 0.00% 5.28% 68.05%

VFIIX - Expenses

Operational Fees

VFIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.21% 0.03% 2.72% 90.75%
Management Fee 0.20% 0.00% 0.85% 14.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

VFIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VFIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VFIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 5.07% 421.00% 98.25%

VFIIX - Distributions

Dividend Yield Analysis

VFIIX Category Low Category High VFIIX % Rank
Dividend Yield 0.00% 0.00% 3.04% 56.02%

Dividend Distribution Analysis

VFIIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

VFIIX Category Low Category High VFIIX % Rank
Net Income Ratio 2.71% 0.34% 3.60% 5.53%

Capital Gain Distribution Analysis

VFIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Dividend Payout History

View More +

VFIIX - Fund Manager Analysis

Managers

Brian Conroy


Start Date

Tenure

Tenure Rank

May 29, 2019

1.34

1.3%

Brian Conroy, CFA, Managing Director and Fixed Income Portfolio Manager of Wellington Management. Mr. Conroy joined Wellington Management as an investment professional in 2012. Prior to joining Wellington, Mr. Conroy earned his MBA from Harvard Business School in 2012. From 2005 to 2010, he worked at Susquehanna International Group, first as a fixed income trader and then as an equity index derivatives trader.

Joseph Marvan


Start Date

Tenure

Tenure Rank

May 29, 2019

1.34

1.3%

Joe is a fixed income portfolio manager and serves as chair of the US Broad Market Team. As chair, Joe is responsible for setting aggregate risk levels and investment strategy in Core Bond Plus, Core Bond, Intermediate Bond, and Long Bond portfolios. Prior to joining Wellington Management in 2003, Joe was a senior portfolio manager and head of US Fixed Income at State Street Global Advisors, working on a wide range of fixed income portfolios, including those concentrating on total return, mortgage-backed securities, non-dollar bonds, and investment grade credit (1996 – 2003). Prior to that, he worked at both The Boston Company and Shearson Lehman Brothers in Fixed Income Portfolio Management and Trading (1988 – 1996). Joe earned his MBA, magna cum laude, from Babson College (Olin, 2001) and his BS in finance from Ithaca College (1987). Additionally, Joe holds the Chartered Financial Analyst designation and is a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.31 29.97 8.37 5.68