Vanguard Long-Term Treasury Index Fund Admiral Shares (VLGSX)
Vanguard Long-Term Treasury Index Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $17.73, down 0.06% on the session, giving a market capitalisation of $15.14B. Its beta of 2.25 implies it has historically moved more than the broad market.
This fund aims to replicate the performance of the Bloomberg U.S. Long Treasury Bond Index through an indexing methodology. Its portfolio consists of U.S. government debt securities—specifically those maturing in over a decade—but excludes inflation-protected issues. A significant risk factor for this investment is the considerable sensitivity of long-term bonds to shifts in interest rates. Consequently, a rise in rates could depress the value of the fund's underlying bond holdings, leading to a decrease in its share price. This fund is ideal for investors seeking regular interest income who are also prepared to withstand considerable interest rate risk.
Vanguard Long-Term Treasury Index Fund Admiral Shares is most often compared with the following Financial Services names: