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Vanguard GNMA Fund Investor Shares VFIIX

Medalist Rating as of Oct 22, 2026 See Vanguard Investment Hub

Will VFIIX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VFIIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the VFIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of VFIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Straightforward GNMA exposure at a good price.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Vanguard GNMA manager’s seasoned mortgage expertise and subadvisor Wellington’s strong analytical support make this team well suited to the strategy’s narrow GNMA mandate.

by Ken Noguchi

Rated on Oct 22, 2026 Published on Oct 22, 2026

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