Vanguard Core Bond Fund:
Marking five years of success

July 1, 2021

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Originally published on April 7, 2021

Vanguard Core Bond Fund recently reached a five-year milestone, and its record is a testament to the firm's approach to active fixed income.

In this series of short videos, the fund's managers and other Vanguard leaders talk about the people, philosophy, and process that help our active bond mandates achieve their goal of consistent outperformance with less downside risk. It's a goal within reach given Vanguard's structural advantages combined with a collaborative investment approach that emphasizes diversified sources of alpha and smart risk-taking.

Vanguard Core Bond Fund had a solid five years relative to benchmark


Annualized total return      

  1-year3-year 5-year Since inception*
Vanguard Core Bond Fund Admiral Shares 3.34% 5.60% 3.76% 3.84%
Bloomberg Barclays U.S. Aggregate Float Adjusted Index 0.72 4.69 3.14 3.24

Data as of March 31, 2021.
* Since the Core Bond Fund's inception on March 28, 2016. The Admiral Shares' expense ratio is 0.10% as of December 31, 2020.

Past performance is no guarantee of future returns. The performance of an index is not representative of any particular investment, as you cannot invest directly in an index. For more information about Vanguard funds, call 800-523-1036 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at www.vanguard.com/performance.

Watch the video series to hear from our experts (listed alphabetically):

Managers


For transcripts, click below:



Notes:

  • For more information about Vanguard funds, call 800-523-1036 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.
  • All investing is subject to risk, including possible loss of principal.
  • Bond funds are subject to interest rate risk, which is the chance bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to make such payments will cause the price of that bond to decline.
  • Vanguard is investor-owned. Investor-owned means that fund shareholders own the funds, which in turn own Vanguard.