Morningstar® Investment Profile™   Morningstar®
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Vanguard VIF Real Estate Index
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2024-04-30
Out of 232
Real Estate Funds
Style Box™
What is this?
As of 2024-04-30
Total Fund Assets ($ Mil)
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of the MSCI US Investable Market Real Estate 25/50 Index.
The advisor attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The index measures the performance of publicly traded equity REITs and other real estate-related investments. The index is made up of stocks of large, mid-size, and small U.S. companies within the real estate sector. The fund is non-diversified.
  Morningstar Category: Real Estate
Real estate portfolios invest primarily in real estate investment trusts of various types. REITs are companies that develop and manage real estate properties. There are several different types of REITs, including apartment, factory-outlet, health-care, hotel, industrial, mortgage, office, and shopping center REITs. Some portfolios in this category also invest in real estate operating companies. 
  Investment Risks
Sector Funds: Funds that invest exclusively in one sector or industry involve risks due to the lack of industry diversification and expose the investor to increased industry-specific risks.
Non-Diversified Funds: Funds that invest more of their assets in a single issuer involve additional risks, including share price fluctuations, because of the increased concentration of investments.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 98.8
Bullet Non-U.S. Stocks Non-U.S. Stocks 0.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 1.2
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 99.28
Basic Materials 0.00
Consumer Cyclical 0.00
Financial Services 0.00
Real Estate 99.28
Sensitive 0.71
Communication Services 0.71
Energy 0.00
Industrials 0.00
Technology 0.00
Defensive 0.00
Consumer Defensive 0.00
Healthcare 0.00
Utilities 0.00
Data through 2024-04-30
Holding Status
Total Number of Stock Holdings 157
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 42.14
Turnover % (as of 2023-12-31) 10.00
30 Day SEC Yield % 0.00
Top Holdings
Sector P/E % of Net
Prologis Inc --- 7.45
American Tower Corp --- 6.32
Equinix Inc --- 4.34
Welltower Inc --- 4.17
Simon Property Group Inc --- 3.62
Realty Income Corp --- 3.52
Digital Realty Trust Inc --- 3.32
Public Storage --- 3.24
Crown Castle Inc --- 3.21
CoStar Group Inc 127.13 2.95
Data through 2024-04-30
  Principal Risks   
Loss of Money, Not FDIC Insured, Nondiversification, Interest Rate, Market/Market Volatility, Equity Securities, Management, Portfolio Diversification, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 1999-02-09
Portfolio Manager(s)
Gerard C. O’Reilly   (1999-02-09)
Gerard C. O’Reilly, Principal of Vanguard Group, Inc. Gerard has been with Vanguard since 1992, has managed investment portfolios since 1994, O'Reilly has managed stock index portfolios since 1994. Education: B.S., Villanova University.
Walter Nejman   (2016-04-29)
Walter Nejman, Portfolio Manager at Vanguard. He has been with Vanguard since 2005; has worked in investment management since 2008; and has co-managed the Communication Services Index, Health Care Index, Industrials Index, and Information Technology Index Funds since 2015. Education: B.A., Arcadia University; M.B.A., Villanova University.
Investment Advisor(s)
Vanguard Group Inc
Show Data Definitions

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