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.
Vanguard Total Bond Market II Idx I VTBNX
NAV / 1-Day Return
11.26
/
0.09
%
Total Assets
254.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.020%
Expense Ratio
0.020%
Fee Level
Low
Longest Manager Tenure
11.64
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
High / ModerateMin. Initial Investment
5,000,000
Status
Open
TTM Yield
1.87%
Effective Duration
6.79
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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.
An excellent bond fund for a long-term core holding.
