Vanguard GNMA Fund Investor Shares (VFIIX)
| Fund Assets | 10.97B |
| Expense Ratio | 0.21% |
| Min. Investment | $3,000 |
| Turnover | 415.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.69% |
| Dividend Growth | 3.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.39 |
| YTD Return | 0.89% |
| 1-Year Return | 5.77% |
| 5-Year Return | 2.25% |
| 52-Week Low | 9.21 |
| 52-Week High | 9.62 |
| Beta (5Y) | n/a |
| Holdings | 9034 |
| Inception Date | Jun 27, 1980 |
About VFIIX
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.
Performance
VFIIX had a total return of 5.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGMNX | Fidelity | Fidelity GNMA Fund | 0.45% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VFIJX | Admiral Shares | 0.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.02899 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02919 | May 1, 2026 |
| Mar 31, 2026 | $0.02885 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02862 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02891 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02939 | Jan 2, 2026 |