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
VBIMX had a total return of 1.89% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.64%.
