Vanguard Total International Bond ETF

Frequently Asked Questions About BNDX

What does BNDX invest in?

Vanguard Charlotte Funds - Vanguard Total International Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. The fund invests in the fixed income markets of global ex-US region. It primarily invests in investment-grade, fixed-rate debt markets, which includes government, government agency, corporate, and securitized non-U.S. investment-grade fixed income investments with maturities of more than one year. The fund seeks to track the performance of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged), by using representative sampling methodology. Vanguard Charlotte Funds - Vanguard Total International Bond ETF was formed on May 31, 2013 and is domiciled in the United States.

What is the expense ratio of BNDX?

Vanguard Total International Bond ETF (BNDX) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is BNDX's dividend yield?

BNDX's trailing-twelve-month yield is 4.54%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BNDX?

Effective duration measures BNDX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BNDX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BNDX?

BNDX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BNDX?

Yield to maturity (YTM) is the total return you'd earn from BNDX if every bond in the portfolio is held to maturity at the current price. BNDX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.