Vantagepoint Core Bond Index Fund, Class I1 | WMFund Code |
Objective: The investment objective of the Vantagepoint Core Bond Index Fund is to offer current income by approximating the performance of the Barclays Capital U.S. Aggregate Bond Index.
Fund Facts
| Ticker Symbol: | VPCIX |
| Inception Date: | June 2, 1997 |
| Registration Date: | March 1, 1999 |
| Morningstar Category | Intermediate-Term Bond |
| As of Jun 30, 2010 | |
| Total Net Assets ($millions) | $743 |
Expense RatioAs of May 1, 2010
| Gross Expense Ratio | 0.42% | |
| Net Expense Ratio | 0.42% | |
Documents for fund or underlying fund
ProspectusPerformance
Standard PerformanceAs of Jun 30, 2010
| Fund/Benchmark Name | 2nd Qtr | YTD | 1-Yr | 3-Yr | 5-Yr | 10-Yr | Since Inception |
|---|---|---|---|---|---|---|---|
| Vantagepoint Core Bond Index I | 3.41% | 5.21% | 9.02% | 7.09% | 5.08% | 6.09% | N/A |
| Barclays Capital U.S. Aggregate Bond Indexa | 3.49% | 5.33% | 9.50% | 7.55% | 5.54% | 6.47% | N/A |
Returns for periods greater than one year are annualized. The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data illustrated. For performance data current to the most recent month end, contact ICMA-RC Services, LLC by calling 800-669-7400 or by writing to 777 North Capitol Street, NE, Washington, DC 20002-4240. Para asistencia en Español llame al 800-669-8216. Performance data current to the most recent quarter end is available by visiting www.icmarc.org. | |||||||
Indexes are not available for direct investment, are unmanaged, and do not reflect the costs of portfolio management or trading. A fund's portfolio may differ significantly from the securities held in the indexes. | |
| a. | The Barclays Capital U.S. Aggregate Bond Index is comprised of investment-grade U.S. fixed income securities. |
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Dividends
| Date | Capital Gains | ||||
|---|---|---|---|---|---|
| Record | Payable/Ex | Income | Long Term | Short Term | Total |
| August 30, 2010 | August 31, 2010 | $0.032602 | N/A | N/A | $0.032602 |
| July 29, 2010 | July 30, 2010 | $0.032602 | N/A | N/A | $0.032602 |
| June 29, 2010 | June 30, 2010 | $0.035846 | N/A | N/A | $0.035846 |
| May 27, 2010 | May 28, 2010 | $0.031158 | N/A | N/A | $0.031158 |
| April 29, 2010 | April 30, 2010 | $0.031823 | N/A | N/A | $0.031823 |
| March 30, 2010 | March 31, 2010 | $0.038294 | N/A | N/A | $0.038294 |
| February 25, 2010 | February 26, 2010 | $0.031149 | N/A | N/A | $0.031149 |
| January 28, 2010 | January 29, 2010 | $0.032406 | N/A | N/A | $0.032406 |
| December 30, 2009 | December 31, 2009 | $0.043080 | N/A | N/A | $0.043080 |
| November 27, 2009 | November 30, 2009 | $0.034916 | N/A | N/A | $0.034916 |
| October 29, 2009 | October 30, 2009 | $0.035666 | N/A | N/A | $0.035666 |
| September 29, 2009 | September 30, 2009 | $0.035216 | N/A | N/A | $0.035216 |
| August 28, 2009 | August 31, 2009 | $0.036579 | N/A | N/A | $0.036579 |
| July 30, 2009 | July 31, 2009 | $0.037731 | N/A | N/A | $0.037731 |
| June 29, 2009 | June 30, 2009 | $0.038111 | N/A | N/A | $0.038111 |
| May 28, 2009 | May 29, 2009 | $0.035567 | N/A | N/A | $0.035567 |
| April 29, 2009 | April 30, 2009 | $0.037612 | N/A | N/A | $0.037612 |
| March 30, 2009 | March 31, 2009 | $0.044732 | N/A | N/A | $0.044732 |
| February 26, 2009 | February 27, 2009 | $0.035822 | N/A | N/A | $0.035822 |
| January 29, 2009 | January 30, 2009 | $0.038699 | N/A | N/A | $0.038699 |
| December 30, 2008 | December 31, 2008 | $0.049600 | N/A | N/A | $0.049600 |
| November 26, 2008 | November 28, 2008 | $0.036910 | N/A | N/A | $0.036910 |
| October 30, 2008 | October 31, 2008 | $0.048923 | N/A | N/A | $0.048923 |
| September 29, 2008 | September 30, 2008 | $0.043542 | N/A | N/A | $0.043542 |
| August 28, 2008 | August 29, 2008 | $0.037943 | N/A | N/A | $0.037943 |
| July 30, 2008 | July 31, 2008 | $0.042292 | N/A | N/A | $0.042292 |
| June 27, 2008 | June 30, 2008 | $0.041022 | N/A | N/A | $0.041022 |
Morningstar Classifications and Ratings
Morningstar Category: Intermediate-Term Bond
Morningstar Rating ‡As of Jun 30, 2010
| Stars | Category Size | |
|---|---|---|
| Overall |  | 1011 |
| 5-Year | | 880 |
| 3-Year | | 1011 |
Morningstar StyleboxAs of Jun 30, 2010
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Allocation of Assets**As of May 31, 2010
| Type of Asset | % |
|---|---|
| Equity | 0% |
| Fixed Income | 98% |
| Cash/Other | 2% |
**Due to rounding, percentages shown may not add up to 100%.
‡For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. |
Copyright © 2010 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc., is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data. |
Characteristics
Top Ten HoldingsAs of May 31, 2010
| Holding Name | Percent |
|---|---|
| United States Treas Nts 3.875% | 0.7% |
| United States Treas Nts 3.5% | 0.6% |
| United States Treas Nts 3.625% | 0.5% |
| United States Treas Nts 3.75% | 0.5% |
| United States Treas Nts 4.875% | 0.5% |
| United States Treas Nts 4.25% | 0.5% |
| United States Treas Nts 4.375% | 0.5% |
| United States Treas Nts 1% | 0.5% |
| FNMA 5% | 0.5% |
| United States Treas Nts 3.125% | 0.5% |
Allocation of Assets**As of May 31, 2010
| Asset Class | Percent |
|---|---|
| Domestic Stock | 0.0% |
| Foreign Stock | 0.0% |
| Domestic Bond | 91.7% |
| Foreign Bond | 6.3% |
| Preferred | 0.0% |
| Convertible | 0.0% |
| Cash | 2.0% |
| Other | 0.0% |
**Due to rounding, percentages shown may not add up to 100%.
Credit QualityAs of Mar 31, 2010
| Quality Level | Percent |
|---|---|
| AAA | 78.4% |
| AA | 4.2% |
| A | 9.7% |
| BBB | 7.7% |
| BB | 0.0% |
| B | 0.0% |
| Below B | 0.0% |
| Not Rated | 0.0% |
Copyright © 2010 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc., is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data. |
Statistics
Portfolio Statistics
| Statistic | Value |
|---|---|
| As of date;Jun 30, 2010 | |
| Total Net Assets ($millions) | $743 |
| As of date;Mar 31, 2010 | |
| Effective Duration | 4.67 Years |
| Effective Maturity | 6.40 Years |
| Average Credit Quality | AAA |
| As of date;Jun 30, 2010 | |
| Beta (5-year) | 1.00 |
| Alpha (5-year) | -0.44 |
| Standard Deviation (3-year) | 4.12 |
Copyright © 2010 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc., is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data. |
Description
The Principal Investment Strategies, Investment Risks, Management and other information are available from the fund’s or underlying fund's summary prospectus. Please click the link below to view. |
General Disclaimers
Some of the information in this profile was obtained from third-party sources. Although the information from third parties is believed to be accurate, it has not been independently verified by ICMA-RC.
Investment information can change rapidly and the changes can be significant, particularly in volatile markets. For this reason, "as of" dates are provided for sections and also for specific data where applicable. After the dates provided, the information should not be considered current.
A redemption fee may be assessed when you sell shares in a mutual fund. Regardless, all funds are monitored for frequent trading. Please refer to the Fund's prospectus for guidance on redemption fee and frequent trading terms. Also, refer to ICMA-RC's Frequent Trading Policy for more information.
Please read both the current applicable prospectus and Making Sound Investment Decisions: A Retirement Investment Guide carefully for a complete summary of all fees, expenses, charges, financial highlights, investment objectives, risks and performance information. Investing in mutual funds and other investment vehicles involves risk, including possible loss of the amount invested. Investors should carefully consider the Fund's investment objectives, risks, charges and expenses before investing or sending money. The prospectus contains this and other information about the investment company. The Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA / SIPC . For a current prospectus, contact ICMA-RC Services, LLC.
To contact ICMA-RC Services, LLC call 800-669-7400 (TDD: 800-669-7471) or write to 777 North Capitol Street, NE, Washington, DC 20002-4240. You may also visit us on the Web at www.icmarc.org. Para asistencia en Español llame al 800-669-8216.
Fund Specific Footnotes
| 1. | A rise/fall in the interest rates can have a significant impact on bond prices and the NAV (net asset value) of the fund. Funds that invest in bonds can lose their value as interest rates rise and an investor can lose principal. |
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