Vanguard Emerging Mkts Govt Bd Idx Instl (VGIVX)

Fund Assets	6.58B
Expense Ratio	0.084%
Min. Investment	$5,000,000
Turnover	27.00%
Dividend (ttm)	1.58
Dividend Yield	6.15%
Dividend Growth	-3.66%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 1, 2026

Previous Close	25.60
YTD Return	-1.10%
1-Year Return	1.27%
5-Year Return	9.43%
52-Week Low	25.31
52-Week High	27.57
Beta (5Y)	0.36
Holdings	944
Inception Date	Feb 11, 2015

About VGIVX

This investment vehicle provides access to the government bond segment of developing economies within the global fixed-income market. Its objective is to closely replicate the performance of an index comprising sovereign debt from these growth-oriented nations. Like all fixed-income offerings, it faces interest rate risk; a rise in rates typically causes bond prices to fall, consequently reducing the fund’s net asset value (NAV). Furthermore, it carries the specific risks associated with emerging markets, where government bonds are generally more susceptible to price swings and less readily convertible to cash than those from developed nations. Broader international risks, such as country-specific or regional instabilities, are also relevant. However, because all its holdings are exclusively in U.S. dollar-denominated debt, it eliminates foreign exchange risk for U.S.-based investors. This fund could be an appropriate choice for patient investors with a higher tolerance for risk who seek to enhance the diversification of their bond portfolios over the long term.

• Fund Family: Vanguard
• Category: Emerging Markets Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VGIVX
• Share Class: Institutional Shares
• Index: Bloomberg EM Gov RIC Capped TR USD

Performance

VGIVX had a total return of 1.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.75%.

Equivalent ETF

VGIVX has an equivalent ETF with the ticker symbol VWOB, the Vanguard Emerging Markets Government Bond ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.15% compared to 0.084% for VGIVX.

Symbol	Name	Expense Ratio
VWOB	Vanguard Emerging Markets Government Bond ETF	0.15%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VGAVX	Admiral Shares	0.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 1, 2026	$0.133	Oct 2, 2026
Sep 1, 2026	$0.1312	Sep 2, 2026
Aug 3, 2026	$0.1416	Aug 4, 2026
Jul 1, 2026	$0.1283	Jul 2, 2026
Jun 1, 2026	$0.1304	Jun 2, 2026
May 1, 2026	$0.130	May 4, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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