Vanguard Intermediate-Term Treasury Index’s low fee makes it a great option for exposure to intermediate-term U.S. Treasury bonds. In this area of the bond market, it is difficult for active managers to recoup their fees. This fund’s cost advantage and market-value-weighted portfolio underpin its Morningstar Analyst Rating of Silver.
Will VGIT outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VGIT’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VGIT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VGIT’s parent organization’s priorities and whether they’re in line with investors’ interests.