Vanguard Total Bond Market II Idx I

Frequently Asked Questions About VTBNX

What does VTBNX invest in?

The fund employs an indexing investment approach designed to track the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key risk factors and other characteristics. The fund invests at least 80% of its assets in bonds held in the index.

What is the expense ratio of VTBNX?

Vanguard Total Bond Market II Idx I (VTBNX) charges an expense ratio of 0.02%. This is the annual fee deducted from fund assets to cover management and operations.

What is VTBNX's dividend yield?

VTBNX's trailing-twelve-month yield is 4.23%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VTBNX?

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

What is the credit quality of VTBNX?

VTBNX'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 VTBNX?

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