VCOBX

About VCOBX

Vanguard Core Bond Fund Admiral Shares is a mutual fund focused on providing a total return while generating a moderate level of current income. This actively managed fund primarily invests in a diversified mix of investment-grade fixed income securities, including U.S. Treasury obligations, corporate bonds, government agency debt, as well as asset-backed and mortgage-backed securities. The portfolio typically maintains a dollar-weighted average maturity between 4 and 12 years, giving it an intermediate duration profile and moderate interest rate sensitivity. With over 2,600 individual holdings and a strong cost advantage due to its very low expense ratio, the fund is designed to offer broad exposure to the core segments of the U.S. bond market, supplemented by a notable allocation to foreign bonds. Vanguard Core Bond Fund Admiral Shares plays an important role as a foundational holding in fixed income allocations, serving institutional and individual investors seeking stable income and risk diversification within their portfolios. Launched in 2016, the fund employs a team-based management approach and maintains a focus on liquidity and credit quality, making it a key component in many comprehensive investment strategies.