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    Corporate reports

    • USD Corporate Bond UCITS ETF - GBP Hedged Accumulating (VGPA)

    Available in other share classes
    Related Documents
    NAV Price ()
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    Market value ()
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    Holdings
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    About this fund

    Fund objectives

    • The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index (the “Index”).
    • The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return.
    • The Index measures the performance of a broad spread of US dollar denominated bonds paying a fixed rate of interest which are issued by companies.
    • Bonds in the Index have maturities of greater than one year and generally investment grade.
    • To a lesser extent the Fund may invest in similar types of bonds outside the Index.

    Fund facts

    Share class inception
    25 May 2021
    Listing date
    27 May 2021
    Investment structure
    Irish UCITS
    Share Class Assets'
    Total Assets
    Risk indicator
    Strategy
    Index
    Asset Class
    Bond
    Domicile
    Ireland
    Tax status
    Austria, Italy, Switzerland and United Kingdom reporting
    Investment method
    Physical
    Index ticker
    H09913GB
    Dividend schedule
    —
    Benchmark
    Bloomberg Global Aggregate Corporate – United States Dollar Index hedged in GBP
    Legal entity
    Vanguard Funds PLC
    Investment manager

    Vanguard Global Advisers, LLC
    U.S. Bond Index Team

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Performance

    Risk and Volatility

    As at 31 Jan 2026

    Beta
    R²
    Annualized Tracking Error
    1 year
    3 years
    5 years
    —

    Please note Beta and R-squared data will only display for funds with 3 full years of history.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Portfolio data

    Characteristics
    FundamentalsFundBenchmarkAs at
    Number of bonds 9,591 — 31 Dec 2025
    4.9% — 31 Jan 2026
    4.6% — 31 Jan 2026
    9.7 Years — 31 Jan 2026
    A- — 31 Jan 2026
    6.3 Years — 31 Jan 2026
    Cash Investment 0.0% — 31 Dec 2025

    The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result in negative weightings. The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. Allocations are subject to change.

    Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instruments.

    Market allocation

    As at 31 Dec 2025

    CountryRegionFundBenchmarkVariance +/-
    United States of AmericaNorth America 77.51% 0.00% 77.51%
    United KingdomEurope 4.06% 0.00% 4.06%
    CanadaNorth America 2.75% 0.00% 2.75%
    JapanPacific 2.31% 0.00% 2.31%
    AustraliaPacific 1.61% 0.00% 1.61%
    FranceEurope 1.54% 0.00% 1.54%
    GermanyEurope 1.41% 0.00% 1.41%
    SwitzerlandEurope 0.72% 0.00% 0.72%
    SpainEurope 0.70% 0.00% 0.70%
    ChinaEmerging Markets 0.69% 0.00% 0.69%
    South KoreaPacific 0.65% 0.00% 0.65%
    MexicoEmerging Markets 0.64% 0.00% 0.64%
    ItalyEurope 0.61% 0.00% 0.61%
    IrelandEurope 0.59% 0.00% 0.59%
    BelgiumEurope 0.56% 0.00% 0.56%

    Distribution by credit quality (% of funds)

    As at 31 Dec 2025

    Distribution by credit issuer (% of funds)

    As at 31 Dec 2025

    Distribution by credit maturity (% of funds)

    As at 31 Dec 2025

    Holdings details

    As at 31 Jan 2026

    Holding name% of market valueMarket valueFace amountCoupon/YieldMaturity date
    United States Treasury Note/Bond 0.21507% £10,944,127.61 10,951,400 3.50% 31 Jan 2028
    Wells Fargo & Co 0.13171% £6,702,263.96 6,570,000 5.71% 22 Apr 2028
    Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 0.12594% £6,408,707.84 6,948,000 4.90% 01 Feb 2046
    JPMorgan Chase & Co 0.08404% £4,276,346.69 4,300,000 4.26% 22 Oct 2031
    United States Treasury Note/Bond 0.07995% £4,068,677.81 4,161,000 4.75% 15 Aug 2055
    Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 0.07930% £4,035,615.25 4,095,000 4.70% 01 Feb 2036
    T-Mobile USA Inc 0.07311% £3,720,508.83 3,730,000 3.75% 15 Apr 2027
    CVS Health Corp 0.06956% £3,539,819.98 4,030,000 5.05% 25 Mar 2048
    Meta Platforms Inc 0.06898% £3,510,038.82 3,650,000 5.50% 15 Nov 2045
    Meta Platforms Inc 0.06870% £3,495,850.64 3,538,000 4.88% 15 Nov 2035

    Total allocation percentages shown in the holdings details or the spreadsheet may not equal 100%, due to rounding or omission of cash and/or derivative instruments.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Some short-term fixed income securities are classified as cash and are excluded, along with derivatives, from the weighted bond exposures. 

    Prices and distribution

    Prices

    NAV Price (GBP)
    £50.40
    Change
    +£0.080.16%
    At closure 13 Feb 2026
    Market value (GBP)
    £50.43
    Change
    +£0.250.49%
    At closure 13 Feb 2026
    NAV 52-week high
    £50.40
    At closure 16 Feb 2026
    Market value 52-week high
    £50.43
    At closure 16 Feb 2026
    NAV 52-week low
    £46.19
    At closure 16 Feb 2026
    Market value 52-week low
    £45.86
    At closure 16 Feb 2026
    NAV 52-week difference
    £4.21
    Change
    +8.35%
    At closure 16 Feb 2026
    Market value 52-week difference
    £4.57
    Change
    +9.05%
    At closure 16 Feb 2026
    Outstanding shares
    1,998,398
    At closure 31 Jan 2026
    Historical Prices

    -

    Inception date

    25 May 2021

    Listing date

    27 May 2021

    Date NAV (GBP) Market price (GBP)
    13 Feb 2026 £50.3998 £50.4285
    12 Feb 2026 £50.3183 £50.1820
    11 Feb 2026 £50.0935 £50.1820
    10 Feb 2026 £50.1780 £50.2560
    09 Feb 2026 £50.0464 £50.0510
    06 Feb 2026 £50.0180 £50.0235
    05 Feb 2026 £50.0361 £49.9950
    04 Feb 2026 £49.8352 £49.8525
    03 Feb 2026 £49.8841 £49.8500
    02 Feb 2026 £49.8681 £49.8960

    Distribution history

    Distribution frequency

    —

    Historical performance 31 Jan 2026

    4.92%

    All dividends are reinvested for the "Accumulation" shares.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Purchase information

    Currencies and stock exchanges

    Listed currencies: GBP

    Base currency: GBP

    Exchanges: London Stock Exchange

    Fund codes

    • Ticker iNav Bloomberg: IVGPAGBP
    • Bloomberg: VGPA LN
    • Citi: LJUO
    • ISIN: IE00BGYWFN19
    • MEX ID: VRAAAW
    • Reuters: VGPA.L
    • SEDOL: BN2RJQ8
    • Exchange ticker: VGPA
    • Ticker iNav Bloomberg: IVGPAGBP
    • Bloomberg: VGPA LN
    • ISIN: IE00BGYWFN19
    • Reuters: VGPA.L
    • SEDOL: BN2RJQ8
    • Exchange ticker: VGPA

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL data was extracted from the London Stock Exchange SEDOL Masterfile®.