Vanguard gnma fund admiral shares. What Are Vanguard's Admiral Shares?

Vanguard GNMA Fd Admiral Shs (VFIJX) Latest Charts & News

vanguard gnma fund admiral shares

Parent company Vanguard is the largest mutual fund provider in the U. This fund focuses primarily on Government National Mortgage Association securities and other pass-through mortgage-backed securities. Visit for information about the performance numbers displayed above. Vanguard Investor Shares average expense ratio: 0. Role in Portfolio The fund can be a part of the fixed-income allocation for an investor looking for specific exposure to mortgage-backed securities.

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Vanguard GNMA Fund (VFIIX)

vanguard gnma fund admiral shares

The fund places in the 13th percentile of its Morningstar category for the trailing 12 months, the fifth percentile for the trailing three years, the seventh percentile for the trailing five years and the 11th percentile for the trailing 10 years as of late January 2018. Zacks Ranks stocks can, and often do, change throughout the month. Returns assume reinvestment of dividends and capital gains. To allow investor to build on this type of strategy, Vanguard launched the Admiral Shares. While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio.

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Vanguard GNMA Fund (VFIIX) Stock Quote, History & News

vanguard gnma fund admiral shares

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Since actively-managed funds are more expensive to operate they tend to lose in performance in the long run to the cheaper index funds. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc. Volatility Measurements Volitility measures reflect the uncertainty or risk of change in a security's value. Funds in this category generally have at least 90 percent of their holdings in U. Vanguard evaluates its fund accounts to identify which are eligible for Admiral Shares.

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What Are Vanguard's Admiral Shares?

vanguard gnma fund admiral shares

The investment seeks to provide a moderate level of current income. When necessary, we may change a category assignment based on recent changes to the portfolio. In this case, the indication is a 1 percent rise in interest rates would result in a 4. Michael is a fixed income portfolio manager responsible for managing mortgage and government bond portfolios for Wellington Management's mutual fund, institutional, and government clients. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. If an investor's account holdings become eligible, Vanguard can convert his or her mutual fund shares into the Admiral Shares class—typically tax-free and at no cost. However, there are a minority of funds that have historically outperformed index funds.

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Vanguard GNMA Fund (VFIIX) Stock Quote, History & News

vanguard gnma fund admiral shares

The Admiral share class version of the fund offers an expense ratio of 0. A category placement in the first percentile is the best, while in the 100th percentile is the worst. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than their original cost. . Vanguard offers Admiral Shares mutual funds with a broad palette of investment objectives and holdings, such as Treasury bonds T-bonds , tax-exempt , balanced holdings, domestic stocks, and international stocks. The monthly returns are then compounded to arrive at the annual return.

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Vanguard GNMA Fund (VFIIX)

vanguard gnma fund admiral shares

It doesn't include loads or purchase or redemption fees. Class I shares and institutional have no sales charge and may be purchased by specified classes of investors. For our actively managed funds, Admiral Shares pass along the savings that result from accounts with larger balances to the people who own them. The fund's dollar-weighted average maturity will normally fall within an intermediate-term range 3 to 10 years. Vanguard mutual funds already have that undercut the mutual fund industry's average by a whopping 82%, yet Admiral Shares achieve further savings on the expense ratio for qualified Vanguard mutual funds. The fund launched in June 1980. Sources: Vanguard and Morningstar, Inc.

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Vanguard GNMA Fund (VFIIX)

vanguard gnma fund admiral shares

The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. Visit to get our data and content for your mobile app or website. Returns without sales charges would be lower if the sales charges were included. Mutual funds offering Admiral Shares may be found through the online fund's screener on the Vanguard website.

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VFIJX: VANGUARD FIXED INCOME SECS FD INC GNMA FUND ADMIRAL SHARES

vanguard gnma fund admiral shares

Custom, {against: function value {return! He is a member of the firm's Mortgage, Short Bond, and Structured Finance Strategy Groups. Returns quoted represent past performance which is no guarantee of future results. As with a conversion, this would be tax-free. Management Michael Garrett has managed the fund since 2010. Most actively managed funds lose to their benchmark index. Performance The fund has returned 6.

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