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Products April 10, 2007
Vanguard Unwraps Bond ETFs
Four bond exchange traded funds (ETF) from The Vanguard Group featuring expense ratios of 0.11% began trading Tuesday on the American Stock Exchange.
Reported by Fred Schneyer
The new ETFs, which are structured as separate share classes of established, diversified bond index funds represent Vanguard’s first exchange-traded fixed income portfolios, according to a news release.
According to the announcement, the Vanguard Bond ETFs provide exposure to the broad U.S. bond market as represented by the Lehman Brothers Aggregate Bond Index:
- Vanguard Total Bond Market ETF/ Lehman Brothers Aggregate Bond Index.
- Vanguard Short-Term Bond ETF/ Lehman Brothers 1-5 Year Government.
- Vanguard Intermediate-Term Bond ETF/ Lehman Brothers 5-10 Year Government.
- Vanguard Long-Term Bond ETF/ Lehman Brothers Long Government.
The four bond ETFs are managed by the Vanguard Fixed Income Group, which oversees $310 billion in assets, including $65 billion in bond index fund assets.
Financial advisers seeking more information about Vanguard’s ETFs and mutual funds can visit https://advisors.vanguard.com.