Vanguard Long-Term Bond Index Fund is a compelling choice for exposure to long-term investment-grade bonds. Its well-constructed index and cost advantage underpin its Morningstar Analyst Rating of Silver.
Will VBLAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s 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.
The Price Pillar compares VBLAX’s fees to similar funds, determining whether or not the fund provides a good value proposition.
The Performance Pillar is our evaluation of whether VBLAX’s returns have been the result of chance or a proven, long-term process and compares the fund with its category or benchmark.