Performance Testimonials Value Difference Ownership

Performance information

For the three-year period, 52 of 54 Vanguard active bond funds outperformed their peer-group averages. For the five-year period, 49 of 51 Vanguard active bond funds outperformed their peer-group averages. For the ten-year period, 39 of 44 Vanguard active bond funds outperformed their peer-group averages. All data as of December 31, 2021.

Results will vary for other time periods. Only funds with a minimum three-, five-, or ten-year history, respectively, were included in the comparison. Source: Lipper, a Thomson Reuters Company. Note that the competitive performance data shown represent past performance, which is not a guarantee of future results, and that all investments are subject to risks. For the most recent performance, visit our website at www.vanguard.com/performance

Personal investor Financial advisor Institutional investor

The history of Vanguard's active bond funds speaks for itself.

96% 3-year
96% 5-year
89% 10-year

Performance information

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But here's what advisors have to say...

We've been pleased with how performance has stacked up over time.

Ben Rose

CFA

Bragg Financial

Woman smiling at man in business room

Investors come first at Vanguard. And that's very clear in the interactions we've had.

Gabriel Shahin

CFP

Falcon Wealth Planning

Employees listening to manager speak
Man showing colleagues something on the phone

It's not a speculative investment culture. They're an investor's culture.

Andrew Eskelsen

CFA

D'Orazio & Associates

Colleagues sitting around table discussing tasks

In so many ways, everybody falls short against Vanguard.

Gabriel Shahin

CFP

Falcon Wealth Planning

Woman laughing during a meeting

They have a cost advantage that gives them the unique ability to not have to chase alpha.

Andrew Eskelsen

CFA

D'Orazio & Associates

Employee speaking in front of colleagues

At their core as a firm is keeping clients top of mind and avoiding undue risk.

Ben Rose

CFA

Bragg Financial

The experiences of these Vanguard clients may not be representative of the experience of other Vanguard clients and are not a guarantee of future investment performance or success.

Built for success. Discover the value of ownership.

Talent, culture, process

Our investors are our owners*, so our best minds focus exclusively on their needs. Deep expertise, a collaborative culture, and a repeatable investment process are the foundation of our success.

Client-aligned business

Our investors are our owners*, so it enables us to consistently pass along economies of scale and lower the cost of investing, so you keep more of your returns.

True-to-label products

Our funds are designed for their mandates and the asset classes they represent. There are no surprises that could sabotage your asset allocation strategy when you need it most.

Explore our active bond funds. See the difference.

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The Value of Ownership.

Vanguard isn't owned by shareholders, it's owned by the people who invest in our funds.* As an owner you have access to personalized financial advice, high-quality investments, retirement tools and relevant market insights that help you build a future for those you love.

Important information

*Investor-owned means that fund shareholders own the funds, which in turn own Vanguard.

For more information about Vanguard funds, visit vanguard.com to obtain a propectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.

All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss.

Investments in bonds are subject to interest rate, credit, and inflation risk.