Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) NASDAQ
Currency In USD
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Currency In USD
Address
PO Box 2600
Valley Forge, PA 19482
United States of America (the)
Phone
6106691000
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
February 07, 2019
VBLAX is an economical index fund designed to offer broad, diversified exposure to long-term, high-quality U.S. bonds, specifically those with maturities exceeding ten years. Its portfolio is structured to achieve this, allocating roughly 60% of its holdings to corporate bonds and 40% to U.S. government bonds, all within that extended maturity bracket. A significant inherent risk stems from the acute sensitivity of long-term bonds to interest rate shifts; consequently, a rise in interest rates could substantially decrease the value of the underlying bonds and, in turn, the fund's share price. This fund is best suited for individuals seeking consistent interest income who are also prepared to withstand considerable interest rate volatility.