- ISIN
- US92835M7781
- CUSIP
- 922020771
- Issuer
- Vanguard
- Inception Date
- Oct 14, 2021
- Category
- Multisector Bonds
- Min. Investment
- $3,000
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
VMSIX Performance Chart
Vanguard Multi-Sector Income Bond Inv (VMSIX) is up 1.3% since the beginning of the year. VMSIX is currently trading at $9 per share.
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Returns By Period
Vanguard Multi-Sector Income Bond Inv (VMSIX) has returned 1.25% so far this year and 6.49% over the past 12 months.
Vanguard Multi-Sector Income Bond Inv
- 1D
- 0.11%
- 1M
- 0.68%
- YTD
- 1.25%
- 6M
- 1.58%
- 1Y
- 6.49%
- 3Y*
- 7.73%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VMSIX Monthly Returns History
Based on dividend-adjusted daily data since Feb 1, 2022, VMSIX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +4.3%, while the worst month was Jun 2022 at -4.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, VMSIX closed higher 45% of trading days. The best single day was Nov 10, 2022 with a return of +1.9%, while the worst single day was Jun 13, 2022 at -2.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.32% | 0.57% | -1.45% | 1.24% | 0.45% | 0.13% | 1.25% | ||||||
| 2025 | 1.19% | 1.11% | -0.38% | 0.27% | 0.82% | 1.73% | 0.27% | 1.23% | 0.82% | 0.44% | 0.64% | 0.60% | 9.09% |
| 2024 | 0.05% | -0.20% | 1.17% | -1.20% | 1.43% | 0.73% | 2.07% | 1.61% | 1.45% | -0.88% | 1.25% | -0.93% | 6.68% |
| 2023 | 3.36% | -1.96% | 2.20% | 0.58% | -0.77% | 0.81% | 1.07% | -0.31% | -1.71% | -0.99% | 4.31% | 3.62% | 10.43% |
| 2022 | -1.94% | -1.62% | -3.70% | 1.19% | -4.68% | 4.30% | -2.23% | -4.15% | 1.13% | 3.74% | -0.42% | -8.50% |
Benchmark Metrics
Vanguard Multi-Sector Income Bond Inv has an annualized alpha of 2.48%, beta of 0.13, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since February 01, 2022.
- This fund participated in 37.46% of S&P 500 Index downside but only 28.20% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.13 may look defensive, but with R2 of 0.22 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.22 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.48%
- Beta
- 0.13
- R²
- 0.22
- Upside Capture
- 28.20%
- Downside Capture
- 37.46%
Expense Ratio
VMSIX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
VMSIX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Multi-Sector Income Bond Inv (VMSIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VMSIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.37 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 2.78 | +0.18 |
| Martin ratioReturn relative to average drawdown | 13.55 | 12.44 | +1.11 |
Dividends
Dividend History
Vanguard Multi-Sector Income Bond Inv provided a 5.44% dividend yield over the last twelve months, with an annual payout of $0.50 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.50 | $0.51 | $0.57 | $0.49 | $0.31 |
Dividend yield | 5.44% | 5.56% | 6.37% | 5.43% | 3.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Multi-Sector Income Bond Inv. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.20 | ||||||
| 2025 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.51 |
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.09 | $0.04 | $0.05 | $0.57 |
| 2023 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.49 |
| 2022 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Multi-Sector Income Bond Inv. 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 Multi-Sector Income Bond Inv was 13.11%, occurring on Oct 20, 2022. Recovery took 289 trading sessions.
The current Vanguard Multi-Sector Income Bond Inv drawdown is 0.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -13.11%Oct 2022 | 8mo 19d | 1y 1mo | 1y 10moFeb 2022 - Dec 2023 |
2025 selloff2025 | -2.81%Apr 2025 | 1mo 8d | 1mo 2d | 2mo 10dMar 2025 - May 2025 |
2026 pullback2026 | -2.20%Mar 2026 | 28d | 21d | 1mo 19dFeb 2026 - Apr 2026 |
2024 pullback2024 | -1.97%Apr 2024 | 19d | 21d | 1mo 10dMar 2024 - May 2024 |
2025 pullback2025 | -1.80%Jan 2025 | 1mo 5d | 23d | 1mo 28dDec 2024 - Feb 2025 |
Drawdown Indicators
| VMSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.11% | -56.78% | +43.67% |
Max Drawdown (1Y)Largest decline over 1 year | -2.20% | -9.10% | +6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | -18.90% | +15.08% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.11% | -1.80% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -3.05% | -10.71% | +7.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 2.03% | -1.55% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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