# Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vaipx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Government Bond - Strategy: Buffered · Inception: 2005-06-10 This fund's core objective is to safeguard investors against the erosive effects of inflation by primarily allocating capital to securities structured to deliver a "real" return. It predominantly invests in inflation-indexed bonds, which are fully backed by the U.S. federal government and whose principal value is adjusted in response to inflation. The fund inherently carries moderate to high interest rate risk, meaning that fluctuations in interest rates, both upward and downward, can impact its performance by leading to reduced bond prices or a future decrease in income. Furthermore, its i... ## Key Facts | Metric | Value | |---|---| | Price | $22.29 | | Expense Ratio | 0.10% | | Assets Under Management | $27.00B | | NAV | $22.29 | | Holdings Count | 0 | | Distribution Yield (TTM) | 5.22% | | Annual Distribution (TTM) | $1.16 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $21.82 – $23.70 | | Beta | 0.72 | ## Latest Distribution - Amount: $0.2640 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does VAIPX invest in? This fund's core objective is to safeguard investors against the erosive effects of inflation by primarily allocating capital to securities structured to deliver a "real" return. It predominantly invests in inflation-indexed bonds, which are fully backed by the U.S. federal government and whose principal value is adjusted in response to inflation. The fund inherently carries moderate to high interest rate risk, meaning that fluctuations in interest rates, both upward and downward, can impact its performance by leading to reduced bond prices or a future decrease in income. Furthermore, its income stream can exhibit greater variability compared to traditional bonds, as its payments are directly linked to changes in inflation. Long-term investors may find this fund a compelling addition to an already diversified fixed income portfolio. ### What is the expense ratio of VAIPX? Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VAIPX's dividend yield? VAIPX's trailing-twelve-month yield is 5.22%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VAIPX? Effective duration measures VAIPX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VAIPX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VAIPX? VAIPX'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 VAIPX? Yield to maturity (YTM) is the total return you'd earn from VAIPX if every bond in the portfolio is held to maturity at the current price. VAIPX'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. ### Does VAIPX pay a dividend? Yes, Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.22%. Full dividend history is on this page. ### How often does VAIPX pay dividends? Vanguard Inflation-Protected Securities Fund Admiral Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VAIPX's next ex-dividend date? The most recently announced ex-dividend date for VAIPX was 2026-10-01. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VAIPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VAIPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VAIPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VAIPX cost more than a fund like VOO? VAIPX's strategy (current expense ratio 0.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VAIPX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VAIPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VAIPX (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vaipx - Distribution history: https://www.dividenddata.com/funds/vaipx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vaipx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vaipx/expenses - Peer comparison: https://www.dividenddata.com/funds/vaipx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.