Description

Vanguard Emerging Markets Bond Fund Investor GBP Hedged Accumulation is an actively managed investment fund that primarily seeks to provide total return while generating a moderate level of income. The fund invests at least 80% of its assets in fixed income securities issued by governments, agencies, and corporations that are economically tied to emerging market countries. It invests in bonds of various maturities, yields, and qualities, often referencing components of the J.P. Morgan EMBI Global Diversified Index. The fund aims to have a majority of its assets denominated in or hedged back to the U.S. dollar, while also having the flexibility to invest in local currency bonds without hedging. The "GBP Hedged Accumulation" designation indicates that it reinvests dividends to foster capital growth and utilizes hedging strategies to mitigate currency exchange rate risks for investors with a Great British Pound base currency.