Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX)

Fund Assets	27.84B
Expense Ratio	0.07%
Min. Investment	$5,000,000
Turnover	60.00%
Dividend (ttm)	0.47
Dividend Yield	5.10%
Dividend Growth	24.24%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 1, 2026

Previous Close	9.27
YTD Return	0.70%
1-Year Return	2.15%
5-Year Return	2.58%
52-Week Low	9.23
52-Week High	9.73
Beta (5Y)	0.30
Holdings	64
Inception Date	Dec 12, 2003

About VIPIX

Vanguard Inflation-Protected Securities Fund Institutional Shares is a mutual fund designed for institutional investors seeking both protection from inflation and stable income. Its key objective is to provide a hedge against inflation by investing at least 80% of its assets in inflation-indexed bonds, primarily those issued by the U.S. government, its agencies, and instrumentalities, as well as select corporate securities. The fund's portfolio is characterized by a high credit quality, predominantly consisting of securities rated AAA, and focuses nearly all assets in domestic bonds. With a low expense ratio and a substantial asset base, it appeals to institutional clients managing large portfolios. Distributions are paid quarterly, and its performance is closely tied to changes in inflation and real interest rates, making it an important vehicle for investors who require inflation-sensitive fixed income exposure in sectors such as pensions, insurance, and endowment funds.

• Fund Family: Vanguard
• Category: Inflation-Protected Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: VIPIX
• Share Class: Institutional Shares
• Index: Bloomberg U.S. TIPS TR

Performance

VIPIX had a total return of 2.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VAIPX	Admiral Shares	0.10%
VIPSX	Investor Shares	0.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 1, 2026	$0.1464	Jul 2, 2026
Apr 1, 2026	$0.0086	Apr 2, 2026
Dec 17, 2025	$0.2132	Dec 18, 2025
Sep 30, 2025	$0.1044	Oct 1, 2025
Jun 30, 2025	$0.1031	Jul 1, 2025
Mar 31, 2025	$0.0257	Apr 1, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 25, 2026

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