Vanguard Intermediate-Term Treasury is a solid pick for exposure to intermediate-term U.S. Treasury bonds, largely because it’s one of the cheapest. It is difficult for managers to recoup fees in this area of the bond market, and this fund’s cost advantage gives it a durable edge. Each of the fund’s share classes earns a Morningstar Analyst Rating of Silver.
Will VIIGX 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 VIIGX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VIIGX 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 VIIGX’s parent organization’s priorities and whether they’re in line with investors’ interests.