VCGSX Performance — Government Securities Fund
Data updated: 2026-09-28
VCGSX returned +0.12% year to date and +4.24% over one year to May 2026. Annualised returns are +3.26% over 3 years and −0.02% over 5 years. The fund trailed its Intermediate Securitized Bond category average: $100 invested three years ago grew to $110, against $116 for the category, and to $104 over one year, against $106. Volatility over the past three years was 5.27% a year. In the 12 months to May 2026 the fund took in a net $40.3M, and assets reached $199.21M.
VCGSX Growth of $100
What $100 invested in Government Securities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | VCGSX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $106 |
| 3 years (Jun 2023 – May 2026) | $110 | $116 |
| 5 years (Jun 2021 – May 2026) | $100 | $105 |
| Since data start (Sep 2019 – May 2026) | $103 | $111 |
VCGSX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.12% |
| 1 year | +4.24% |
| 3 years (annualised) | +3.26% |
| 5 years (annualised) | −0.02% |
VCGSX Annual Returns
Calendar-year total returns of Government Securities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.12% |
| 2025 | +6.67% |
| 2024 | +1.14% |
| 2023 | +4.22% |
| 2022 | −11.16% |
| 2021 | −2.32% |
| 2020 | +6.64% |
| 2019 (Sep–Dec) | −1.10% |
VCGSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +1.8% | −1.9% | 0.0% | +0.1% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +2.2% | +0.1% | +0.5% | −1.0% | +1.4% | −0.3% | +1.3% | +0.7% | +0.6% | +0.7% | −0.4% |
| 2024 | 0.0% | −1.3% | +0.8% | −2.3% | +1.6% | +1.0% | +2.2% | +1.2% | +1.2% | −2.4% | +1.0% | −1.6% |
| 2023 | +2.9% | −2.2% | +2.1% | +0.5% | −1.1% | −0.6% | −0.3% | −0.5% | −2.4% | −1.6% | +4.0% | +3.6% |
| 2022 | −1.6% | −0.8% | −2.8% | −2.8% | +0.3% | −0.8% | +1.8% | −2.5% | −3.7% | −1.3% | +3.1% | −0.5% |
| 2021 | −0.6% | −1.5% | −0.9% | +0.7% | +0.2% | +0.4% | +0.9% | −0.2% | −0.8% | −0.3% | +0.3% | −0.4% |
| 2020 | +2.1% | +2.0% | +1.1% | +0.5% | +0.2% | +0.3% | +1.0% | −0.5% | +0.1% | −0.7% | +0.4% | 0.0% |
| 2019 | — | — | — | — | — | — | — | — | −0.5% | +0.1% | −0.2% | −0.5% |
VCGSX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.27%
- 3-year Sharpe ratio: -0.24 (vs 4.5% risk-free rate)
- Best month: +3.95% (Nov 2023)
- Worst month: −2.40% (Oct 2024)
VCGSX Fund Flows
Monthly money in and out of Government Securities Fund, from SEC Form N-PORT.
- 12-month net flow: $40.3M
- 12-month gross sales (incl. reinvestments): $88.8M
- Sales ÷ redemptions: 1.83×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $5.3M | $3.1M | $2.2M |
| Apr 2026 | $6.1M | $2.8M | $3.3M |
| Mar 2026 | $23.8M | $472K | $23.4M |
| Feb 2026 | $8.6M | $1.2M | $7.4M |
| Jan 2026 | $17.4M | $654K | $16.8M |
| Dec 2025 | $10.0M | $21.8M | −$11.7M |
| Nov 2025 | $2.6M | $2.5M | $191K |
| Oct 2025 | $1.9M | $1.6M | $308K |
| Sep 2025 | $1.5M | $6.8M | −$5.4M |
| Aug 2025 | $1.6M | $1.6M | −$27K |
| Jul 2025 | $6.6M | $5.1M | $1.5M |
| Jun 2025 | $3.3M | $981K | $2.3M |
VCGSX Assets Under Management
Net assets of Government Securities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $199.21M |
| 2026-02-28 | $177.63M |
| 2025-11-30 | $162.44M |
| 2025-08-31 | $163.93M |
| 2025-05-31 | $156.34M |
| 2025-02-28 | $130.67M |
| 2024-11-30 | $130.04M |
| 2024-08-31 | $131.48M |
| 2024-05-31 | $129.23M |
| 2024-02-29 | $129.22M |
| 2023-11-30 | $128.75M |
| 2023-08-31 | $136.02M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.