Vanguard Intermediate-Term Bond Index Fund Institutional Shares (VBIMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.49
+0.10 (0.96%)
Aug 1, 2025, 4:00 PM EDT
0.96%
Fund Assets45.08B
Expense Ratio0.04%
Min. Investment$5,000,000
Turnover55.00%
Dividend (ttm)0.41
Dividend Yield3.91%
Dividend Growth12.50%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close10.39
YTD Return4.22%
1-Year Return3.56%
5-Year Return-5.06%
52-Week Low9.99
52-Week High10.67
Beta (5Y)n/a
Holdings2284
Inception DateJan 26, 2006

About VBIMX

Vanguard Intermediate-Term Bond Index Fund Institutional Shares is a mutual fund designed to track the performance of the Bloomberg U.S. 5-10 Year Government/Credit Float Adjusted Index. This fund primarily invests in a diversified mix of U.S. government, investment-grade corporate, and international dollar-denominated bonds with maturities between five and ten years. Its primary purpose is to offer moderate current income while maintaining a risk profile that is typically associated with intermediate-term bonds, which balances yield and sensitivity to interest rate changes. With over 2,000 holdings, the fund’s structure allows for broad exposure across sectors, including U.S. Treasury, agency, and high-quality corporate debt. Recognized for its low expense ratio and efficient indexing strategy, the fund is tailored for institutional investors seeking stable, core fixed income exposure within a portfolio. It regularly distributes dividends on a monthly basis and is managed by a team with a disciplined, process-driven approach. The fund plays a key role in the fixed income market by offering investors an accessible, low-cost route to broad-based, intermediate-term bond exposure with competitive yields relative to peers.

Fund Family Vanguard
Category Intermediate Core Bond
Stock Exchange NASDAQ
Ticker Symbol VBIMX
Share Class Institutional Shares
Index Bloomberg US 5-10 Yr Gov/Cr Float Adj TR

Performance

VBIMX had a total return of 3.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.65%.

Equivalent ETF

VBIMX has an equivalent ETF with the ticker symbol BIV, the Vanguard Intermediate-Term Bond ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.03% compared to 0.04% for VBIMX.

SymbolNameExpense Ratio
BIVVanguard Intermediate-Term Bond ETF0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
VBIUXInstitutional Plus Shares0.03%
VBILXAdmiral Shares0.06%
VBIIXInvestor Shares0.15%

Top 10 Holdings

20.77% of assets
NameSymbolWeight
United States Treasury NotesT.4.375 05.15.342.26%
United States Treasury NotesT.4 02.15.342.23%
United States Treasury NotesT.4.5 11.15.332.15%
United States Treasury NotesT.4.25 11.15.342.13%
United States Treasury NotesT.4.625 02.15.352.10%
United States Treasury NotesT.3.875 08.15.342.06%
United States Treasury NotesT.3.875 08.15.332.01%
United States Treasury NotesT.3.5 02.15.331.99%
United States Treasury NotesT.3.375 05.15.331.98%
United States Treasury NotesT.4.125 11.15.321.87%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.03626Aug 1, 2025
Jun 30, 2025$0.03499Jul 1, 2025
May 30, 2025$0.03591Jun 2, 2025
Apr 30, 2025$0.03461May 1, 2025
Mar 31, 2025$0.03548Apr 1, 2025
Feb 28, 2025$0.03167Mar 3, 2025
Full Dividend History