- What does VTABX invest in?
- This fund is designed to offer broad access to high-quality debt instruments issued outside the United States. Its objective is to mirror the performance of an international benchmark index, investing in a mix of government, agency, and corporate bonds from various global markets, with a primary focus on developed nations but also including some emerging economies. Like all bond funds, it is susceptible to interest rate fluctuations; an increase in rates could lead to a decline in the value of the bonds held, thereby reducing the fund's net asset value. Furthermore, due to its global investment scope, the fund is exposed to additional risks such as specific country or regional instability. To minimize the effect of volatile currency exchange rates, the fund utilizes hedging strategies, aiming for investment returns that primarily reflect the underlying performance of its international bond holdings. This fund presents an attractive choice for long-term investors seeking to incorporate an international component into their fixed-income portfolio. Regarding 75% of its total assets, the fund operates under specific concentration rules: it is restricted from purchasing more than 10% of the voting shares of any single issuer, and no more than 5% of its overall assets can be invested in securities from one issuer. However, these limits may be exceeded if necessary to closely match the composition of its target index. It's also important to note that these particular diversification restrictions do not apply to debt obligations issued by the U.S. government or its related agencies.
- What is the expense ratio of VTABX?
- Vanguard Total International Bond Index Fund Admiral Shares (VTABX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VTABX's dividend yield?
- VTABX's trailing-twelve-month yield is 4.72%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VTABX?
- Effective duration measures VTABX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VTABX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VTABX?
- VTABX'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 VTABX?
- Yield to maturity (YTM) is the total return you'd earn from VTABX if every bond in the portfolio is held to maturity at the current price. VTABX'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.
