VAIPX

About VAIPX

Vanguard Inflation-Protected Securities Fund Admiral Shares is a mutual fund specializing in U.S. inflation-indexed fixed income securities. Its primary purpose is to offer investors a combination of inflation protection and income by investing at least 80% of its assets in inflation-protected bonds, predominantly issued by the U.S. government, its agencies, and instrumentalities. The fund's portfolio consists mainly of U.S. Treasury Inflation-Protected Securities (TIPS), which are designed to adjust their principal and interest payments in line with the Consumer Price Index, helping maintain purchasing power during inflationary periods. Notably, all bonds held are investment-grade, with varying maturities typically averaging between 7 and 20 years. The fund maintains a low expense ratio and institutional share class, catering to investors seeking broad exposure to this segment of the bond market with an emphasis on capital preservation and real return. As part of the broader inflation-protected bond category, this fund plays a significant role for investors who prioritize safeguarding their assets against the erosive effects of inflation while seeking stable income from a highly liquid and creditworthy pool of U.S. government securities.