A consistent approach
Vanguard has been managing fixed income portfolios for over 35 years. Today, we’re one of the largest bond managers in the world, with over $1.8 trillion in fixed income assets under management globally. From the start, we’ve been driven by an uncompromising commitment to consistency, which is why Vanguard investors should know exactly what to expect from our funds.
For our bond index funds and ETFs, that means broadly diversified beta exposures that offer the right balance between tracking efficiency, cost and risk management. And for our active fixed income funds, that means true-to-label products that derive alpha from genuine, bottom-up security selection across diversified sources, without taking excessive top-down directional risk.