Vanguard Total International Bond is a solid strategy for exposure to the foreign investment-grade bond market because it offers a broad and diversified portfolio for a low fee, while hedging its currency risk. Under our enhanced Morningstar Analyst Rating framework, the fund's cheapest share class has been upgraded to Gold from Silver, while its most expensive share classes have been downgraded to Bronze. The exchange-traded fund share class has retained its Silver rating.
Vanguard Total Intl Bd Idx Admiral™ VTABX
NAV / 1-Day Return
23.33
/
0.04
%
Total Assets
37.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.110%
Expense Ratio
0.110%
Fee Level
Low
Longest Manager Tenure
7.64
years
Category
World Bond-USD Hedged
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
3,000
Status
Open
TTM Yield
0.93%
Effective Duration
8.50
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VTABX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTABX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VTABX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VTABX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This is a solid pick for currency-hedged international-bond exposure.
