Vanguard Institutional Intermediate-Term Bond Fund Institutional Plus Shares (VIITX)
| Fund Assets | 30.98B |
| Expense Ratio | 0.02% |
| Min. Investment | $10,000,000 |
| Turnover | 169.00% |
| Dividend (ttm) | 0.98 |
| Dividend Yield | 4.54% |
| Dividend Growth | 4.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 2, 2026 |
| Previous Close | 21.53 |
| YTD Return | -0.24% |
| 1-Year Return | 4.52% |
| 5-Year Return | 7.87% |
| 52-Week Low | 21.17 |
| 52-Week High | 21.89 |
| Beta (5Y) | 0.16 |
| Holdings | 2558 |
| Inception Date | Jun 19, 2015 |
About VIITX
Vanguard Institutional Intermediate-Term Bond Fund Institutional Plus Shares is a diversified mutual fund focused on providing a high level of current income while maintaining principal stability and liquidity. This fund primarily invests in a broad array of high-quality, short- and intermediate-term fixed income securities, including U.S. government, corporate, and securitized bonds, with at least 80% of assets allocated to fixed income instruments. It is designed for institutional investors, featuring a low expense ratio and a substantial minimum investment. With assets exceeding $16 billion and over 2,000 holdings, the fund plays a significant role in institutional fixed income portfolios, offering monthly income distributions and managing interest rate and credit risk through diversification. Its market relevance lies in its ability to serve as a core bond holding, providing steady income and moderate sensitivity to interest rate movements, especially suited for large-scale investors seeking efficiency in cost and portfolio construction.
Performance
VIITX had a total return of 4.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.24%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 2, 2026 | $0.0774 | Mar 3, 2026 |
| Feb 2, 2026 | $0.0814 | Feb 3, 2026 |
| Dec 17, 2025 | $0.0819 | Dec 18, 2025 |
| Nov 28, 2025 | $0.0804 | Dec 1, 2025 |
| Oct 31, 2025 | $0.083 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0797 | Oct 1, 2025 |