Description

The Vanguard U.K. Long Duration Gilt Index Fund Institutional Plus GBP Inc is a passively managed Open-Ended Investment Company (OEIC) domiciled in the United Kingdom and listed on the London Stock Exchange, managed by Vanguard Investments UK, Limited. The fund aims to track the performance of the Bloomberg U.K. Government 15+ Years Float Adjusted Bond Index by investing in a representative sample of its constituent bonds, focusing exclusively on UK government gilts with maturities exceeding 15 years. It maintains a 100% allocation to UK bonds and targets institutional investors seeking long-duration sovereign bond exposure within the United Kingdom, offering quarterly income distributions.