Global Bond-USD Hedged

Summary

The investment seeks to track the performance of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index.
Fund Assets (millions) $90,109.4
Portfolio Managers 2
Fund Inception May 31, 2013
Expense Ratio
(Gross/Net %) 0.13 / 0.13%
Fund Family Vanguard
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

Short % 0% Long %
U.S. Stocks 0.0
0.0
Non-U.S. Stocks 0.0
0.0
U.S. Bonds 0.0
2.9
Non-U.S. Bonds 0.0
95.4
Convertible 0.0
0.2
Preferred 0.0
0.0
Other 0.0
0.0
Cash 5.2
6.8
As of 3/31/2024
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through April 30, 2024
VTIBX
Bloomberg US Agg Bond TR USD

Fund Statistics

7.3 years
Average Duration
4.9%
Average Yield
to Maturity
2.4%
Average Coupon
As of 3/31/2024

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Extensive Interest-Rate Sensitivity
As of 3/31/24

Investment Strategy

The fund employs an indexing investment approach designed to track the performance of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). This index provides a broad-based measure of the global, investment-grade, fixed-rate debt markets. It is non-diversified.

Fund Facts

Fund Inception May 31, 2013
Fund Assets (Millions) $90,109.4
Dividend Distribution Frequency Monthly
Minimum Investment $0
Capital Gains Distribution Frequency --
Turnover 29%
Fiscal Year-End Oct
Prospectus Date Feb 27, 2024

Returns

Month-End Returns as of 4/30/24

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
VTIBX
Bloomberg US Agg Bond TR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/24

Yield

12-Month Distribution Rates (NAV)
4.64%
30-Day SEC Yield (Gross | Net) 3.14% | 3.13%
As of 4/30/2024

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Joshua Barrickman 10 yrs
Tara Talone 1 yrs
As of 4/30/2024

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(108)
3-yr. Morningstar RatingTM
(108 funds rated)
5-yr. Morningstar RatingTM
(101 funds rated)
10-yr. Morningstar RatingTM
(62 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Morningstar Category
Global Bond-USD Hedged
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 4/30/2024.

Risk Measures

Fund
Standard Deviation
4.27
Sharpe Ratio
0.12
R-squared
74
Beta
0.76
Capture Ratio (Downside/Upside)
71/88
American Funds and Morningstar Benchmark for the 10 Years Years ending 4/30/24 R-squared, Beta and Capture Ratio calculated using the Bloomberg US Agg Bond TR USD.

Maturity

1 To 3 Years
21.5%
3 To 5 Years
19.8%
5 To 7 Years
13.5%
7 To 10 Years
16.4%
10 To 15 Years
9.6%
15 To 20 Years
7.3%
20 To 30 Years
9.1%
Over 30 Years
2.7%
Percentage of net assets as of 3/31/2024

Quality Summary

AAA
24.5%
AA
27.0%
A
26.8%
BBB
18.7%
BB
0.0%
B
0.0%
Below B
1.8%
Not Rated
1.2%
Percentage of net assets as of 3/31/2024

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
Cash & Equivalents 1.5%
Municipal 0.0%

Percentage of net assets as of 3/31/2024

Top 10 Holdings

United Kingdom of Great Britain and Northern I ...
0.4%
Germany (Federal Republic Of)
0.4%
United Kingdom of Great Britain and Northern I ...
0.4%
Spain (Kingdom of)
0.3%
France (Republic Of)
0.3%
Spain (Kingdom of)
0.3%
France (Republic Of)
0.3%
France (Republic Of)
0.3%
Spain (Kingdom of)
0.3%
Germany (Federal Republic Of)
0.3%

Percentage of net assets as of 3/31/2024

Geographic Breakdown

Top Countries
Japan
12.9%
France
12.3%
Germany
10.8%
Italy
7.5%
United Kingdom
7.1%
Canada
6.8%
Spain
5.7%
Supranational
4.2%
Australia
3.6%
United States
2.9%

Percentage of net assets as of 3/31/2024

Fees & Expenses

Fees

Annual Management Fees 0.10%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross Net
VTIBX 0.13% 0.13%
Morningstar Category: Global Bond-USD Hedged 0.93% 0.71%
Fund as of most recent prospectus. Morningstar Category as of 4/30/24.