Vanguard Intermediate-Term Treasury Investor (VFITX - MF report) a Zacks Ranked #2 (Buy) was created in October 1991 and is managed by the Vanguard Group. VFITX's main objective is to seek a high level of current income. VFITX invests a minimum of 85% of its total assets in intermediate-term bonds whose interest and principal payments are backed by the full faith and credit of the U.S. government. A minimum of 65% of VFITX's total assets will always be invested in U.S. Treasury securities. VFITX is expected to maintain a dollar-weighted average maturity of between five and ten years.

The Vanguard Intermediate-Term Treasury Investor, managed by Vanguard Group , carries an expense ratio of 0.20, and requires a minimal initial investment of $3,000.

VFITX 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 2.62%, 3 year s0.61%, and 5 years 3.27%. To see how this fund performed compared in its category, please click here.

VFITX’s performance, as of the last filing, when compared to funds in its category was in the top 17% in 1 year, top 45% over the past 3 years, and 26% over the past 5 years.