Vanguard Total International Bond Fund offers a market-cap-weighted portfolio of global investment-grade, non-U.S.-dollar-denominated bonds. Its broad scope and diversified portfolio cuts back on credit risk and transaction costs, providing an effective way to index this diverse opportunity set. The exchange-traded fund and Institutional share classes earn Morningstar Analyst Ratings of Silver, its more-expensive Admiral and Investor share classes receive Bronze ratings, while its Institutional Select share class earns a Gold rating.
Morningstar’s Fund Analysis VTIBX
Will VTIBX 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 VTIBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VTIBX 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 VTIBX’s parent organization’s priorities and whether they’re in line with investors’ interests.