Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
Vanguard Total Bond Market Index Fund Admiral Shares operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $9.50, down 0.31% on the session, giving a market capitalisation of $397.44B. Its beta of 0.98 implies it has historically moved less than the broad market.
This fund aims to offer broad and diversified exposure to high-quality U.S. debt instruments. To achieve this, it strategically invests in a wide range of U.S. Treasury securities and mortgage-backed securities, spanning all durations from short-term to long-term issues. As is typical with fixed-income investments, a key risk involves interest rate fluctuations; an increase in rates can cause the market value of the fund's underlying bonds to fall, thereby reducing its net asset value. Due to its extensive coverage across various segments and maturity horizons of the bond market, investors may consider incorporating this fund as a core part of their fixed-income portfolio.
Vanguard Total Bond Market Index Fund Admiral Shares is most often compared with the following Financial Services names: