- What does VLGSX invest in?
- This fund aims to replicate the performance of the Bloomberg U.S. Long Treasury Bond Index through an indexing methodology. Its portfolio consists of U.S. government debt securities—specifically those maturing in over a decade—but excludes inflation-protected issues. A significant risk factor for this investment is the considerable sensitivity of long-term bonds to shifts in interest rates. Consequently, a rise in rates could depress the value of the fund's underlying bond holdings, leading to a decrease in its share price. This fund is ideal for investors seeking regular interest income who are also prepared to withstand considerable interest rate risk.
- What is the expense ratio of VLGSX?
- Vanguard Long-Term Treasury Index Fund Admiral Shares (VLGSX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VLGSX's dividend yield?
- VLGSX's trailing-twelve-month yield is 5.06%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VLGSX?
- Effective duration measures VLGSX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VLGSX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VLGSX?
- VLGSX'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 VLGSX?
- Yield to maturity (YTM) is the total return you'd earn from VLGSX if every bond in the portfolio is held to maturity at the current price. VLGSX'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.
