Vanguard Total Bond Market Index is a well-constructed portfolio of investment-grade U.S.-dollar-denominated bonds. The fund’s broad scope and low fee should allow it to outperform its Morningstar Category peers over the long run. The fund’s more-expensive investor and admiral share classes earn Morningstar Analyst Ratings of Bronze and Silver, respectively, while the rest of the share classes receive Gold ratings.
Vanguard Total Bond Market II Idx I VTBNX
NAV / 1-Day Return
9.92
/
0.19
%
Total Assets
234.1 Bil
Adj. Expense Ratio
0.020%
Expense Ratio
0.020%
Fee Level
Low
Longest Manager Tenure
12.52
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
High / ModerateMin. Initial Investment
5,000,000
Status
Open
TTM Yield
2.08%
Effective Duration
6.70
years
Morningstar’s Fund Analysis VTBNX
Will VTBNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTBNX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VTBNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VTBNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Well-constructed portfolio of investment-grade bonds.
