Vanguard GNMA Fund Investor Shares
FundVFIIXNASDAQAbout
This bond fund focuses its investments on government mortgage-backed securities. It primarily holds Ginnie Mae (GNMA) securities, which are unique because they carry the explicit guarantee of the U.S. government and generally offer a more competitive yield than traditional U.S. Treasury bonds. In addition to general bond market risks, investors should be aware of prepayment risk. If mortgage refinancing becomes widespread, the fund's income stream is likely to decrease. This fund could be a suitable option for individuals aiming for steady monthly income over a medium-term investment horizon, as part of the fixed-income component of their portfolio. It's important to note that while the underlying government agency securities are guaranteed, this federal backing does not protect the fund's own share price from market fluctuations.
Key Facts
52-Week Range
Performance
Sector Exposure
- Cash & Others99.68%
- Financial Services0.32%
Top Holdings
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| — | Ginnie Mae 5.50% 06/22/2026 | 7.25% | $810.26M |
| — | Ginnie Mae 5.00% 06/22/2026 | 4.11% | $459.47M |
| — | US Dollar | 3.87% | $432.62M |
| — | Ginnie Mae II Pool 2.00% 11/20/2050 | 3.75% | $419.07M |
| — | Ginnie Mae II Pool 2.50% 09/20/2051 | 3.00% | $335.32M |
| — | Ginnie Mae II Pool 2.00% 12/20/2050 | 2.84% | $317.79M |
| — | Ginnie Mae II Pool 5.50% 10/20/2055 | 2.52% | $281.55M |
| — | Ginnie Mae II Pool 2.50% 10/20/2051 | 2.20% | $246.24M |
| — | Ginnie Mae II Pool 5.00% 06/20/2054 | 2.16% | $241.71M |
| — | Ginnie Mae II Pool 6.00% 11/20/2055 | 1.93% | $215.31M |
| — | Ginnie Mae II Pool 2.00% 02/20/2051 | 1.89% | $211.30M |
| — | Ginnie Mae II Pool 5.00% 04/20/2053 | 1.79% | $200.35M |
| — | Ginnie Mae II Pool 4.50% 10/20/2052 | 1.59% | $177.21M |
| — | Ginnie Mae II Pool 4.00% 10/20/2052 | 1.58% | $176.72M |
| — | Ginnie Mae II Pool 2.00% 08/20/2050 | 1.49% | $166.75M |
| — | Ginnie Mae II Pool 3.00% 10/20/2051 | 1.40% | $156.63M |
| — | Ginnie Mae II Pool 2.50% 11/20/2051 | 1.39% | $155.70M |
| — | Ginnie Mae II Pool 2.50% 04/20/2051 | 1.39% | $155.69M |
| — | Fannie Mae or Freddie Mac 5.50% 06/11/2026 | 1.38% | $153.92M |
| — | Ginnie Mae 6.00% 06/22/2026 | 1.32% | $147.97M |
| — | Ginnie Mae II Pool 6.00% 05/20/2054 | 1.30% | $145.15M |
| — | Ginnie Mae 4.50% 06/22/2026 | 1.29% | $144.33M |
| — | Ginnie Mae II Pool 2.00% 04/20/2051 | 1.22% | $135.93M |
| — | Ginnie Mae II Pool 2.00% 09/20/2050 | 1.18% | $132.18M |
| — | Ginnie Mae II Pool 2.50% 08/20/2051 | 1.07% | $120.07M |