Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX)
Vanguard Inflation-Protected Securities Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $22.71, up 0.04% on the session, giving a market capitalisation of $28.21B. Its beta of 0.72 implies it has historically moved less than the broad market.
This fund's core objective is to safeguard investors against the erosive effects of inflation by primarily allocating capital to securities structured to deliver a "real" return. It predominantly invests in inflation-indexed bonds, which are fully backed by the U.S. federal government and whose principal value is adjusted in response to inflation. The fund inherently carries moderate to high interest rate risk, meaning that fluctuations in interest rates, both upward and downward, can impact its performance by leading to reduced bond prices or a future decrease in income. Furthermore, its income stream can exhibit greater variability compared to traditional bonds, as its payments are directly linked to changes in inflation. Long-term investors may find this fund a compelling addition to an already diversified fixed income portfolio.
Vanguard Inflation-Protected Securities Fund Admiral Shares is most often compared with the following Financial Services names: