Vanguard Intermediate-Term Treasury ETF

Frequently Asked Questions About VGIT

What does VGIT invest in?

Primarily holding U.S. Treasury bonds, this fund is designed to deliver a consistent, modest income stream. It also presents a moderate level of sensitivity to interest rate fluctuations, as its portfolio's average maturity ranges from three to ten years.

What is the expense ratio of VGIT?

Vanguard Intermediate-Term Treasury ETF (VGIT) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is VGIT's dividend yield?

VGIT's trailing-twelve-month yield is 3.94%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VGIT?

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

What is the credit quality of VGIT?

VGIT'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 VGIT?

Yield to maturity (YTM) is the total return you'd earn from VGIT if every bond in the portfolio is held to maturity at the current price. VGIT'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.