VGIT Profile
The
Vanguard Intermediate-Term Government Bond ETF is an exchange-traded
fund that seeks to track the performance of the Bloomberg Barclays US
3-10 Year Government Float Adjusted Index, which measures the
performance of U.S. government bonds with maturities between three and
ten years. The fund is managed by Vanguard, one of the largest
investment management companies in the world.
As of September
2021, the VGIT ETF had a net asset value of approximately $28 billion
and held over 200 individual bonds. The fund's portfolio is comprised
entirely of U.S. government bonds, which are considered to be among
the safest fixed-income investments available.
The VGIT ETF is
designed to provide investors with exposure to intermediate-term U.S.
government bonds, which may potentially provide a higher yield than
short-term government bonds, while still offering a relatively high
degree of safety. However, investors should be aware that investing in
government bonds carries its own set of risks, including potential for
interest rate fluctuations, inflation, and credit risk.
The
expense ratio for the VGIT ETF is 0.05%, which is relatively low
compared to the expense ratios of some other bond funds. This may make
the VGIT ETF an attractive option for investors seeking exposure to
intermediate-term U.S. government bonds at a low cost.
Overall,
the Vanguard Intermediate-Term Government Bond ETF may be a suitable
investment for investors seeking exposure to intermediate-term U.S.
government bonds. However, as with any investment, it is important to
conduct your own research and consider your investment goals and risk
tolerance before investing i
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