Vanguard GNMA Fund Admiral Shares
FundVFIJXNASDAQAbout
This fixed-income offering concentrates its investments in mortgage-backed securities guaranteed by the U.S. government. Its portfolio predominantly comprises Ginnie Mae (GNMA) instruments, which benefit from the full backing of the U.S. government and generally provide a more attractive yield compared to U.S. Treasury obligations. While exposed to standard bond market risks, the fund also carries prepayment risk; significant mortgage refinancing activity can cause its yield to decline. It could be an appropriate consideration for individuals aiming for regular monthly income over a medium-term horizon, particularly as part of the fixed-income component of their overall investment strategy. A crucial point to remember is that the U.S. government's guarantee extends only to the underlying GNMA securities themselves and does not safeguard the fund's 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 |