Vanguard Total Bond Market II Index’s rock-bottom fee and conservative portfolio make it a great core bond holding. The fund’s cheaper Institutional share class earns a Morningstar Analyst Rating of Gold, while its more expensive Investor share class is rated Bronze.
Will VTBIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTBIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VTBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VTBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.