Overview of Vanguard GNMA Investor Fund (VFIIX)
Vanguard GNMA Investor (VFIIX) a Zacks Rank #2 (Buy) invests in a broad range of mortgage-backed securities issued by the Government National Mortgage Association (GNMA). It guarantees timely payment of interest and principal on the securities, each of which represents a pool of individual mortgage loans. The securities are based on different types of loans (e.g. fixed-rate and adjustable rate) and properties (e.g. single-family homes and apartments).
The Vanguard GNMA Investor fund, managed by Vanguard Group, carries an expense ratio of 0.21%. Moreover, VFIIX requires a minimal initial investment of $3,000.
VFIIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 1.84%, 3 year 2.99% and 5 year 2.04%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
TWCUX’s performance, as of the last filing, when compared to funds in its category was in the top 29% in 1 year, top 14% over the past 3 years, and in the 41% over the past 5 years.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
View All Zacks #1 Ranked Mutual Funds
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (VFIIX): Fund Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
