Vanguard Total Bond Market Index Fund (VBMFX)
The investment seeks to track the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. This index measures the performance of a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the index.
Fund Info
| ISIN | US9219371088 |
|---|---|
| CUSIP | 921937108 |
| Issuer | Vanguard |
| Inception Date | Dec 11, 1986 |
| Category | Intermediate Core Bond |
| Min. Investment | $3,000 |
| Asset Class | Bond |
Expense Ratio
VBMFX has an expense ratio of 0.15%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: VBMFX vs. BND, VBMFX vs. VBTLX, VBMFX vs. VSIGX, VBMFX vs. ACTHX, VBMFX vs. DODLX, VBMFX vs. VOO, VBMFX vs. PFM, VBMFX vs. VTSAX, VBMFX vs. VTI, VBMFX vs. VSBSX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Total Bond Market Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Total Bond Market Index Fund had a return of 4.78% year-to-date (YTD) and 10.27% in the last 12 months. Over the past 10 years, Vanguard Total Bond Market Index Fund had an annualized return of 1.76%, while the S&P 500 had an annualized return of 10.88%, indicating that Vanguard Total Bond Market Index Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.78% | 18.13% |
| 1 month | 2.04% | 1.45% |
| 6 months | 6.62% | 8.81% |
| 1 year | 10.27% | 26.52% |
| 5 years (annualized) | 0.47% | 13.43% |
| 10 years (annualized) | 1.76% | 10.88% |
Monthly Returns
The table below presents the monthly returns of VBMFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.23% | -1.39% | 0.82% | -2.44% | 1.70% | 0.93% | 2.31% | 1.33% | 4.78% | ||||
| 2023 | 3.19% | -2.55% | 2.57% | 0.55% | -1.09% | -0.38% | -0.06% | -0.58% | -2.49% | -1.57% | 4.50% | 3.69% | 5.61% |
| 2022 | -2.17% | -1.13% | -2.82% | -3.85% | 0.58% | -1.50% | 2.31% | -2.77% | -4.18% | -1.38% | 3.69% | -0.61% | -13.24% |
| 2021 | -0.80% | -1.51% | -1.38% | 0.96% | 0.24% | 0.77% | 1.21% | -0.20% | -0.91% | -0.03% | 0.33% | -0.40% | -1.76% |
| 2020 | 2.11% | 1.71% | -0.58% | 1.69% | 0.54% | 0.70% | 1.55% | -1.02% | 0.08% | -0.61% | 1.11% | 0.15% | 7.62% |
| 2019 | 1.01% | -0.06% | 1.96% | 0.04% | 1.83% | 1.15% | 0.23% | 2.78% | -0.60% | 0.21% | -0.06% | -0.15% | 8.62% |
| 2018 | -1.09% | -1.03% | 0.41% | -0.83% | 0.61% | 0.03% | 0.04% | 0.52% | -0.55% | -0.73% | 0.53% | 1.80% | -0.34% |
| 2017 | 0.29% | 0.66% | -0.07% | 0.76% | 0.67% | 0.02% | 0.39% | 0.85% | -0.54% | 0.11% | -0.17% | 0.44% | 3.45% |
| 2016 | 1.43% | 0.66% | 0.94% | 0.38% | 0.02% | 1.94% | 0.64% | -0.17% | -0.08% | -0.80% | -2.65% | 0.24% | 2.50% |
| 2015 | 2.31% | -1.08% | 0.21% | -0.36% | -0.45% | -1.00% | 0.77% | -0.35% | 0.76% | 0.01% | -0.27% | -0.38% | 0.11% |
| 2014 | 1.54% | 0.48% | -0.36% | 0.78% | 1.05% | 0.11% | -0.26% | 1.13% | -0.73% | 0.94% | 0.65% | 0.09% | 5.54% |
| 2013 | -0.71% | 0.55% | -0.11% | 0.91% | -1.70% | -1.66% | 0.20% | -0.64% | 0.96% | 0.78% | -0.34% | -0.65% | -2.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VBMFX is 35, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund (VBMFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Total Bond Market Index Fund granted a 3.27% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.29 | $0.24 | $0.22 | $0.27 | $0.29 | $0.26 | $0.26 | $0.26 | $0.24 | $0.27 | $0.26 |
Dividend yield | 3.27% | 2.99% | 2.49% | 2.01% | 2.29% | 2.63% | 2.48% | 2.46% | 2.43% | 2.28% | 2.48% | 2.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Total Bond Market Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.22 | |||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2022 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.22 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.27 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2018 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2015 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.24 |
| 2014 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.27 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Total Bond Market Index Fund. 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 Total Bond Market Index Fund was 18.86%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Vanguard Total Bond Market Index Fund drawdown is 6.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.86% | Aug 5, 2020 | 560 | Oct 24, 2022 | — | — | — |
| -7.15% | Oct 18, 1993 | 146 | May 9, 1994 | 223 | Mar 16, 1995 | 369 |
| -6.53% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -5.43% | Sep 10, 2008 | 37 | Oct 30, 2008 | 32 | Dec 16, 2008 | 69 |
| -5.31% | Aug 18, 1987 | 42 | Oct 14, 1987 | 16 | Nov 5, 1987 | 58 |
Volatility
Volatility Chart
The current Vanguard Total Bond Market Index Fund volatility is 1.08%, 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.