New fund launch: Global Short Term Core Bond Fund
A balanced option for investors focused on managing long-term risks
Learn more5-year track record across US and Ireland domiciled funds versus peer group (1)
We've built a long track record of success with over 40 years' experience in active fixed income.
96% of our US and Europe active fixed income funds are in the lowest decile (2).
Fixed income assets managed globally. Managed by over 200 fixed income specialists (3).
Past performance is not a reliable indicator of future results, and all investments are subject to risk.
(1) Sources: Vanguard, based on data from Morningstar and Vanguard Interface for Fund Information (Vifi), as of June 2026. See the end of the page for details on the methodology.
(2) Source: Morningstar Direct as of June 2026. See the end of the page for details on the methodology.
(3) Source: Vanguard. Data as at July 2026. Currency is GBP.
Seek consistent outperformance: A process designed to deliver more consistent excess returns over time.
(1) Source: Vanguard. Data as at July 2026. Currency is GBP.
A core fixed income portfolio, designed for outperformance with a bottom-up approach to security selection.
A core fixed income portfolio, designed for outperformance with a bottom-up approach to security selection.
Bridging cash and longer-term bonds, with balance built in.
An emerging markets bond portfolio designed to outperform by identifying diversified sources of alpha while avoiding the potential for significant drawdown.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Read more about Vanguard’s active fixed income strategy – built for consistent, cost-effective performance.
(1) Methodology: For the five-year period ended 30 June 2026, globally, 25 of 29 (86%) actively managed Vanguard active fixed income funds outperformed their Morningstar peer group median. The comparison includes US and Ireland domiciled funds with a minimum five-year track record. Not all funds included are available in Europe. Results for other time periods will vary.
(2) Methodology: All competitor fund data is sourced from Morningstar Direct as of June 2026. The combination of Morningstar category and management style define Vanguard's category. Lowest-decile expense ratios are calculated excluding Vanguard funds. Vanguard's updated primary shareclass expense ratios (effective February 1, 2026) were compared with the lowest-decile expense ratios in each category. Summing all active fixed income funds that were less than or equal to the lowest-decile expense ratio and dividing by total active fixed income funds resulted in 96% (43 out 45 - rounded to nearest whole number) of funds in the lowest-cost decile.
Investment risk information
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Some funds invest in emerging markets which can be more volatile than more established markets. As a result the value of your investment may rise or fall.
Investments in smaller companies may be more volatile than investments in well-established blue chip companies.
Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level of income may fluctuate. Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such may carry greater credit risk increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in interest rates are likely to affect the capital value of bonds.
The Vanguard Emerging Markets Bond Fund and Vanguard Global Credit Bond Fund may use derivatives, including for investment purposes, in order to reduce risk or cost and/or generate extra income or growth. For all other funds they will be used to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Funds net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investments.
For further information on risks please see the “Risk Factors” section of the prospectus on our website.
Important information
This is a marketing communication.
This is directed at professional investors and should not be distributed to, or relied upon by retail investors.
For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any final investment decisions. The KIID for this fund is available, alongside the prospectus via Vanguard’s website.
The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult their professional advisers on the implications of making an investment in, holding or disposing of shares and/or units of, and the receipt of distribution from any investment.
Vanguard Investment Series plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in certain EEA countries and the UK. Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own professional advisers on the implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares under the law of the countries in which they are liable to taxation.
The Manager of Vanguard Investment Series plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguard Investment Series plc.
The Manager of the Ireland domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in accordance with the UCITS Directive, as may be amended from time-to-time.
For investors in Ireland domiciled funds, a summary of investor rights is available in English, German, French, Spanish, Dutch and Italian.
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