# Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vgavx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Emerging Market Bond - Strategy: Thematic · Inception: 2013-05-31 The Vanguard Emerging Markets Government Bond Index Fund Admiral Shares provides investors with an avenue to access sovereign debt issued by developing nations. This fund is structured to passively track the performance of a specific index composed of government bonds from emerging economies. Like all fixed-income investments, the fund is susceptible to interest rate fluctuations; an increase in interest rates typically causes the value of its underlying bonds to decline, thereby reducing the fund's Net Asset Value (NAV). Additionally, it carries inherent emerging markets risk. Debt securit... ## Key Facts | Metric | Value | |---|---| | Price | $16.01 | | Expense Ratio | 0.20% | | Assets Under Management | $6.60B | | NAV | $16.01 | | Holdings Count | 739 | | Distribution Yield (TTM) | 6.06% | | Annual Distribution (TTM) | $0.97 /share | | Distribution Frequency | Monthly | | 52-Week Range | $15.78 – $17.19 | | Beta | 1.10 | ## Latest Distribution - Amount: $0.0813 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does VGAVX invest in? The Vanguard Emerging Markets Government Bond Index Fund Admiral Shares provides investors with an avenue to access sovereign debt issued by developing nations. This fund is structured to passively track the performance of a specific index composed of government bonds from emerging economies. Like all fixed-income investments, the fund is susceptible to interest rate fluctuations; an increase in interest rates typically causes the value of its underlying bonds to decline, thereby reducing the fund's Net Asset Value (NAV). Additionally, it carries inherent emerging markets risk. Debt securities from these regions commonly exhibit greater price volatility and reduced liquidity compared to those from more developed countries. Investors should also be mindful of broader international factors, such as country-specific or regional geopolitical risks. A notable characteristic of this fund is its exclusive investment in U.S. dollar-denominated bonds, which effectively eliminates foreign currency exchange risk for U.S.-based investors. This fund is primarily suitable for long-term investors with a higher tolerance for risk who seek to diversify their existing bond portfolio by gaining exposure to dynamic emerging markets. ### What is the expense ratio of VGAVX? Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VGAVX's dividend yield? VGAVX's trailing-twelve-month yield is 6.06%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VGAVX? Effective duration measures VGAVX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VGAVX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VGAVX? VGAVX'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 VGAVX? Yield to maturity (YTM) is the total return you'd earn from VGAVX if every bond in the portfolio is held to maturity at the current price. VGAVX'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 VGAVX pay a dividend? Yes, Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.06%. Full dividend history is on this page. ### How often does VGAVX pay dividends? Vanguard Emerging Markets Government Bond Index Fund Admiral Shares pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VGAVX's next ex-dividend date? The most recently announced ex-dividend date for VGAVX was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will VGAVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% 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 VGAVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VGAVX'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 VGAVX cost more than a fund like VOO? VGAVX's strategy (current expense ratio 0.20%) 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 VGAVX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VGAVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VGAVX (0.20%) 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/vgavx - Distribution history: https://www.dividenddata.com/funds/vgavx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vgavx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vgavx/expenses - Peer comparison: https://www.dividenddata.com/funds/vgavx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.