About VBMFX
Vanguard Total Bond Market Index Fund Investor Shares is an open-end mutual fund designed to provide broad exposure to the U.S. investment-grade bond market. Its primary objective is to track the performance of the Bloomberg U.S. Aggregate Float Adjusted Index, which encompasses a wide range of public, investment-grade, taxable fixed income securities, including U.S. Treasury, government agency, corporate, international dollar-denominated, mortgage-backed, and asset-backed securities, all with maturities exceeding one year. The fund employs a sampling strategy to construct a diversified portfolio mirroring the key characteristics and risk factors of its benchmark. Noteworthy for its expansive holdings—typically numbering in the thousands—the fund maintains a notable allocation to U.S. Treasury securities, supporting high credit quality. As a passively managed, intermediate core bond fund, it offers a low expense ratio and monthly income distributions, making it a foundational component for investors seeking stable, income-generating exposure to the U.S. fixed income market and serving as a benchmark for broad bond market performance.
Fund Family Vanguard
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol VBMFX
Share Class Investor Shares
Index Bloomberg US Agg Float Adjusted TR
VBMFX had a total return of 0.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.23%.