Vanguard Long-Term Bond Index's rock-bottom fee makes it tough to beat for exposure to long-term investment-grade bonds. The fund's cheapest share classes earn a Morningstar Analyst Rating of Gold, while its more expensive share class earns a Silver.
Will VBLAX 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 VBLAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VBLAX 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 VBLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.