Vanguard Mortgage-Backed Secs Idx Adm
- VMBSX
- Price as of: Nov 27, 2020
-
$21.62
N/A N/A
- Primary Theme
- Intermediate-Term U.S. Treasury Bond
- Fund Company
- Vanguard
- Share Class
VMBSX - Snapshot
Vitals
- YTD Return 1.8%
- 3 Yr Annualized Return 3.5%
- 5 Yr Annualized Return 2.8%
- Net Assets $13.4 B
- Holdings in Top 10 31.4%
52 WEEK LOW AND HIGH
$21.62
$21.09
$21.89
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.07%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 218.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $3,000
- IRA N/A
Fund Classification
-
Primary Theme
Intermediate-Term U.S. Treasury Bond
- Fund Type Open End Mutual Fund
- Investment Style Intermediate Government
VMBSX - Profile
Distributions
- YTD Total Return 1.8%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.18%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVanguard Mortgage-Backed Securities Index Fund
-
Fund Family NameVanguard
-
Inception DateDec 03, 2009
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoshua Barrickman
Fund Description
The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. MBS Float Adjusted Index. This index covers U.S. agency mortgage-backed pass-through securities. To be included in the index, pool aggregates must have at least $250 million currently outstanding and a weighted average maturity of at least 1 year. All of the fund's investments will be selected through the sampling process, and under normal circumstances, at least 80% of the fund's assets will be invested in bonds included in the index.
VMBSX - Performance
Return Ranking - Trailing
| Period | VMBSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.8% | -0.8% | 8.6% | 74.04% |
| 1 Yr | 3.7% | 1.1% | 9.0% | 72.38% |
| 3 Yr | 3.5%* | 1.9% | 5.6% | 57.81% |
| 5 Yr | 2.8%* | 1.2% | 4.0% | 43.83% |
| 10 Yr | 2.8%* | 0.6% | 5.1% | 29.58% |
* Annualized
Return Ranking - Calendar
| Period | VMBSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 3.3% | -48.1% | 7.1% | 57.33% |
| 2018 | -1.9% | -5.4% | 0.2% | 48.18% |
| 2017 | 0.2% | -2.4% | 0.9% | 21.29% |
| 2016 | -0.7% | -9.3% | 1.4% | 21.24% |
| 2015 | -0.6% | -4.5% | 3.3% | 8.15% |
Total Return Ranking - Trailing
| Period | VMBSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.8% | -0.8% | 8.6% | 74.04% |
| 1 Yr | 3.7% | -2.5% | 9.0% | 59.41% |
| 3 Yr | 3.5%* | 1.1% | 5.6% | 49.37% |
| 5 Yr | 2.8%* | 0.8% | 4.0% | 38.72% |
| 10 Yr | 2.8%* | 0.6% | 5.1% | 28.17% |
* Annualized
Total Return Ranking - Calendar
| Period | VMBSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 3.3% | 0.3% | 7.1% | 60.78% |
| 2018 | -1.9% | -3.4% | 2.0% | 61.82% |
| 2017 | 0.2% | -2.4% | 4.6% | 41.09% |
| 2016 | -0.7% | -9.3% | 1.5% | 50.78% |
| 2015 | -0.6% | -4.5% | 3.3% | 32.61% |
NAV & Total Return History
VMBSX - Holdings
Concentration Analysis
| VMBSX | Category Low | Category High | VMBSX % Rank | |
|---|---|---|---|---|
| Net Assets | 13.4 B | 15.7 M | 27 B | 9.96% |
| Number of Holdings | 3481 | 10 | 15289 | 2.07% |
| Net Assets in Top 10 | 1.56 B | 3.11 M | 10.5 B | 25.73% |
| Weighting of Top 10 | 31.36% | 9.3% | 100.0% | 67.84% |
Top 10 Holdings
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
- Vanguard Market Liquidity Inv 12.37%
Asset Allocation
| Weighting | Return Low | Return High | VMBSX % Rank | |
|---|---|---|---|---|
| Bonds | 100.04% | 52.55% | 134.60% | 14.11% |
| Stocks | 0.00% | 0.00% | 11.87% | 79.25% |
| Preferred Stocks | 0.00% | 0.00% | 0.46% | 79.67% |
| Other | 0.00% | -0.86% | 21.32% | 78.01% |
| Convertible Bonds | 0.00% | 0.00% | 23.24% | 80.08% |
| Cash | -0.04% | -36.00% | 34.17% | 86.31% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | VMBSX % Rank | |
|---|---|---|---|---|
| Securitized | 100.00% | 0.00% | 100.00% | 1.24% |
| Derivative | 0.00% | 0.00% | 8.89% | 79.67% |
| Cash & Equivalents | 0.00% | 0.00% | 38.62% | 97.93% |
| Corporate | 0.00% | 0.00% | 22.68% | 84.65% |
| Municipal | 0.00% | 0.00% | 14.60% | 85.06% |
| Government | 0.00% | 0.00% | 100.00% | 97.51% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | VMBSX % Rank | |
|---|---|---|---|---|
| US | 100.04% | 49.70% | 134.60% | 7.88% |
| Non US | 0.00% | 0.00% | 5.23% | 84.65% |
VMBSX - Expenses
Operational Fees
| VMBSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | 2.72% | 95.15% |
| Management Fee | 0.06% | 0.00% | 0.85% | 6.64% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| VMBSX 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
| VMBSX 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.
| VMBSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 218.00% | 5.07% | 421.00% | 74.40% |
VMBSX - Distributions
Dividend Yield Analysis
| VMBSX | Category Low | Category High | VMBSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.63% | 80.91% |
Dividend Distribution Analysis
| VMBSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| VMBSX | Category Low | Category High | VMBSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.18% | 0.14% | 3.38% | 30.21% |
Capital Gain Distribution Analysis
| VMBSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 01, 2019 | $0.060 |
| Mar 01, 2019 | $0.046 |
| Feb 01, 2019 | $0.053 |
| Dec 24, 2018 | $0.056 |
| Dec 03, 2018 | $0.049 |
| Nov 01, 2018 | $0.054 |
| Oct 01, 2018 | $0.048 |
| Sep 04, 2018 | $0.048 |
| Aug 01, 2018 | $0.048 |
| Jul 02, 2018 | $0.039 |
| Jun 01, 2018 | $0.049 |
| May 01, 2018 | $0.044 |
| Apr 02, 2018 | $0.050 |
| Mar 01, 2018 | $0.038 |
| Feb 01, 2018 | $0.039 |
| Dec 26, 2017 | $0.044 |
| Dec 01, 2017 | $0.039 |
| Nov 01, 2017 | $0.039 |
| Oct 02, 2017 | $0.038 |
| Sep 01, 2017 | $0.039 |
| Aug 01, 2017 | $0.038 |
| Jul 03, 2017 | $0.038 |
| Jun 01, 2017 | $0.038 |
| May 01, 2017 | $0.038 |
| Apr 03, 2017 | $0.037 |
| Mar 01, 2017 | $0.036 |
| Feb 01, 2017 | $0.029 |
| Dec 22, 2016 | $0.035 |
| Dec 01, 2016 | $0.028 |
| Nov 01, 2016 | $0.027 |
| Oct 03, 2016 | $0.027 |
| Sep 01, 2016 | $0.031 |
| Aug 01, 2016 | $0.030 |
| Jul 01, 2016 | $0.032 |
| Jun 01, 2016 | $0.033 |
| May 02, 2016 | $0.032 |
| Apr 01, 2016 | $0.036 |
| Mar 01, 2016 | $0.036 |
| Feb 01, 2016 | $0.029 |
| Dec 23, 2015 | $0.042 |
| Dec 01, 2015 | $0.029 |
| Nov 02, 2015 | $0.028 |
| Oct 01, 2015 | $0.031 |
| Sep 01, 2015 | $0.027 |
| Aug 03, 2015 | $0.025 |
| Jul 01, 2015 | $0.025 |
| Jun 01, 2015 | $0.022 |
| May 01, 2015 | $0.019 |
| Apr 01, 2015 | $0.027 |
| Mar 02, 2015 | $0.028 |
| Feb 02, 2015 | $0.025 |
| Dec 23, 2014 | $0.025 |
| Dec 01, 2014 | $0.023 |
| Nov 03, 2014 | $0.026 |
| Oct 01, 2014 | $0.025 |
| Sep 02, 2014 | $0.024 |
| Aug 01, 2014 | $0.028 |
| Jul 01, 2014 | $0.028 |
| Jun 02, 2014 | $0.030 |
| May 01, 2014 | $0.031 |
| Apr 01, 2014 | $0.033 |
| Mar 03, 2014 | $0.033 |
| Feb 03, 2014 | $0.031 |
| Dec 24, 2013 | $0.034 |
| Nov 29, 2013 | $0.029 |
| Oct 31, 2013 | $0.029 |
| Sep 30, 2013 | $0.025 |
| Aug 30, 2013 | $0.018 |
| Jul 31, 2013 | $0.014 |
| Jun 28, 2013 | $0.010 |
| May 31, 2013 | $0.009 |
| Apr 30, 2013 | $0.010 |
| Mar 28, 2013 | $0.009 |
| Feb 28, 2013 | $0.007 |
| Jan 31, 2013 | $0.007 |
| Dec 24, 2012 | $0.009 |
| Nov 30, 2012 | $0.003 |
| Nov 02, 2012 | $0.010 |
| Sep 28, 2012 | $0.012 |
| Aug 31, 2012 | $0.013 |
| Jul 31, 2012 | $0.020 |
| Jun 29, 2012 | $0.026 |
| May 31, 2012 | $0.025 |
| Apr 30, 2012 | $0.031 |
| Mar 30, 2012 | $0.028 |
| Feb 29, 2012 | $0.031 |
| Jan 31, 2012 | $0.024 |
| Nov 30, 2011 | $0.033 |
| Oct 31, 2011 | $0.043 |
| Sep 30, 2011 | $0.042 |
| Aug 31, 2011 | $0.046 |
| Jul 29, 2011 | $0.041 |
| Jun 30, 2011 | $0.039 |
| May 31, 2011 | $0.036 |
| Apr 29, 2011 | $0.032 |
| Mar 31, 2011 | $0.042 |
| Feb 28, 2011 | $0.034 |
| Jan 31, 2011 | $0.034 |
| Nov 30, 2010 | $0.036 |
| Oct 29, 2010 | $0.055 |
| Sep 30, 2010 | $0.026 |
| Aug 31, 2010 | $0.039 |
| Jul 30, 2010 | $0.041 |
| Jun 30, 2010 | $0.038 |
| May 28, 2010 | $0.034 |
| Apr 30, 2010 | $0.030 |
| Mar 31, 2010 | $0.030 |
| Feb 26, 2010 | $0.045 |
| Jan 29, 2010 | $0.042 |
| Dec 24, 2009 | $0.040 |
VMBSX - Fund Manager Analysis
Managers
Joshua Barrickman
Start Date
Tenure
Tenure Rank
Feb 22, 2013
7.69
7.7%
Joshua C. Barrickman, CFA, Principal of Vanguard and head of Vanguard’s Fixed Income Indexing Americas. He has been with Vanguard since 1998, has worked in investment management since 1999, has managed investment portfolios since 2005, and has co-managed the Fund since 2013. Education: B.S., Ohio Northern University; M.B.A., Lehigh University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.05 | 8.17 | 5.77 |