The new ETFs, which are structured as separate share classes of established, diversified bond index funds represent Vanguard’s first exchange-traded fixed income portfolios, according to a news release.
According to the announcement, the Vanguard Bond ETFs provide exposure to the broad U.S. bond market as represented by the Lehman Brothers Aggregate Bond Index:
- Vanguard Total Bond Market ETF/ Lehman Brothers Aggregate Bond Index.
- Vanguard Short-Term Bond ETF/ Lehman Brothers 1-5 Year Government.
- Vanguard Intermediate-Term Bond ETF/ Lehman Brothers 5-10 Year Government.
- Vanguard Long-Term Bond ETF/ Lehman Brothers Long Government.
The four bond ETFs are managed by the Vanguard Fixed Income Group, which oversees $310 billion in assets, including $65 billion in bond index fund assets.
Financial advisers seeking more information about Vanguard’s ETFs and mutual fundscan visit https://advisors.vanguard.com.