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Vanguard Long-Term Bond Index Fund Institutional S...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US9219378760

CUSIP

921937876

Issuer

Vanguard

Inception Date

Feb 2, 2006

Min. Investment

$5,000,000

Asset Class

Bond

Expense Ratio

VBLLX has an expense ratio of 0.05%, which is considered low compared to other funds.


Expense ratio chart for VBLLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
VBLLX vs. VLGIX VBLLX vs. VLCIX VBLLX vs. BND VBLLX vs. SWAGX
Popular comparisons:
VBLLX vs. VLGIX VBLLX vs. VLCIX VBLLX vs. BND VBLLX vs. SWAGX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard Long-Term Bond Index Fund Institutional Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025February
-5.65%
9.31%
VBLLX (Vanguard Long-Term Bond Index Fund Institutional Shares)
Benchmark (^GSPC)

Returns By Period

Vanguard Long-Term Bond Index Fund Institutional Shares had a return of 1.07% year-to-date (YTD) and 1.78% in the last 12 months. Over the past 10 years, Vanguard Long-Term Bond Index Fund Institutional Shares had an annualized return of 0.63%, while the S&P 500 had an annualized return of 11.31%, indicating that Vanguard Long-Term Bond Index Fund Institutional Shares did not perform as well as the benchmark.


VBLLX

YTD

1.07%

1M

1.56%

6M

-5.65%

1Y

1.78%

5Y*

-5.00%

10Y*

0.63%

^GSPC (Benchmark)

YTD

4.46%

1M

2.46%

6M

9.31%

1Y

23.49%

5Y*

13.03%

10Y*

11.31%

*Annualized

Monthly Returns

The table below presents the monthly returns of VBLLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.49%1.07%
2024-1.41%-2.44%1.40%-5.32%2.83%1.12%3.40%2.01%2.33%-4.66%2.04%-4.90%-4.10%
20237.08%-4.99%4.41%0.77%-2.76%0.79%-1.06%-2.33%-6.19%-4.54%9.96%7.77%7.58%
2022-4.61%-2.52%-4.09%-9.26%-0.34%-2.92%3.70%-4.35%-8.27%-3.79%8.13%-1.89%-27.29%
2021-2.89%-4.23%-4.03%2.23%0.59%3.82%2.80%-0.32%-2.35%1.59%1.38%-1.34%-3.11%
20205.76%3.81%-3.43%4.20%0.19%1.87%5.29%-4.17%0.24%-1.83%3.67%-2.68%12.97%
20191.93%-0.51%4.84%-0.48%4.31%2.46%0.78%8.10%-1.99%-0.23%0.21%-1.46%18.95%
2018-2.04%-3.12%1.29%-2.01%0.93%-0.27%0.34%0.63%-1.39%-3.06%0.42%3.88%-4.53%
20170.64%1.78%-0.61%1.50%1.92%0.96%0.32%2.10%-1.02%0.39%0.52%1.95%10.90%
20162.33%1.96%2.98%1.32%0.11%5.13%2.61%-0.09%-1.03%-2.98%-6.22%0.57%6.36%
20156.65%-3.60%0.47%-2.36%-2.12%-3.50%2.69%-1.48%1.16%0.57%-0.48%-1.21%-3.59%
20144.75%1.43%0.68%2.12%2.54%0.13%0.36%3.52%-2.51%2.04%1.85%1.55%19.88%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VBLLX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of VBLLX is 88
Overall Rank
The Sharpe Ratio Rank of VBLLX is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of VBLLX is 99
Sortino Ratio Rank
The Omega Ratio Rank of VBLLX is 88
Omega Ratio Rank
The Calmar Ratio Rank of VBLLX is 88
Calmar Ratio Rank
The Martin Ratio Rank of VBLLX is 88
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for VBLLX, currently valued at 0.13, compared to the broader market-1.000.001.002.003.004.000.131.74
The chart of Sortino ratio for VBLLX, currently valued at 0.26, compared to the broader market0.002.004.006.008.0010.0012.000.262.35
The chart of Omega ratio for VBLLX, currently valued at 1.03, compared to the broader market1.002.003.004.001.031.32
The chart of Calmar ratio for VBLLX, currently valued at 0.04, compared to the broader market0.005.0010.0015.0020.000.042.61
The chart of Martin ratio for VBLLX, currently valued at 0.28, compared to the broader market0.0020.0040.0060.0080.000.2810.66
VBLLX
^GSPC

The current Vanguard Long-Term Bond Index Fund Institutional Shares Sharpe ratio is 0.13. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Vanguard Long-Term Bond Index Fund Institutional Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00SeptemberOctoberNovemberDecember2025February
0.13
1.74
VBLLX (Vanguard Long-Term Bond Index Fund Institutional Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard Long-Term Bond Index Fund Institutional Shares provided a 4.63% dividend yield over the last twelve months, with an annual payout of $0.48 per share. The fund has been increasing its distributions for 2 consecutive years.


3.00%3.50%4.00%4.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.48$0.48$0.47$0.44$0.45$0.49$0.52$0.53$0.54$0.55$0.56$0.58

Dividend yield

4.63%4.65%4.10%4.00%2.87%2.95%3.45%4.01%3.71%4.03%4.25%4.03%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Long-Term Bond Index Fund Institutional Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.00$0.04
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.48
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2022$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.44
2021$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.45
2020$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.49
2019$0.05$0.04$0.05$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.52
2018$0.05$0.04$0.05$0.04$0.05$0.04$0.05$0.05$0.04$0.05$0.04$0.05$0.53
2017$0.05$0.04$0.05$0.04$0.05$0.04$0.05$0.05$0.04$0.05$0.04$0.05$0.54
2016$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.05$0.04$0.05$0.55
2015$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.56
2014$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.58

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-30.39%
0
VBLLX (Vanguard Long-Term Bond Index Fund Institutional Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Long-Term Bond Index Fund Institutional Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard Long-Term Bond Index Fund Institutional Shares was 40.08%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current Vanguard Long-Term Bond Index Fund Institutional Shares drawdown is 30.39%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.08%Aug 7, 2020806Oct 19, 2023
-17.78%Mar 9, 20209Mar 19, 202077Jul 9, 202086
-15.25%Nov 14, 2012193Aug 21, 2013248Aug 15, 2014441
-13.17%Sep 10, 200838Oct 31, 200830Dec 15, 200868
-12.12%Feb 2, 2015102Jun 26, 2015236Jun 3, 2016338

Volatility

Volatility Chart

The current Vanguard Long-Term Bond Index Fund Institutional Shares volatility is 3.03%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
3.03%
3.07%
VBLLX (Vanguard Long-Term Bond Index Fund Institutional Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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