VGLT Profile
The
Vanguard Long-Term Government Bond ETF is an exchange-traded fund that
seeks to track the performance of the Bloomberg Barclays US Long
Government Float Adjusted Index, which measures the performance of
U.S. government bonds with maturities greater than ten years. The fund
is managed by Vanguard, one of the largest investment management
companies in the world.
As of September 2021, the VGLT ETF had
a net asset value of approximately $6 billion and held over 150
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 VGLT ETF is designed to
provide investors with exposure to long-term U.S. government bonds,
which may potentially provide a higher yield than intermediate-term or
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 VGLT ETF is 0.05%, which is relatively low
compared to the expense ratios of some other bond funds. This may make
the VGLT ETF an attractive option for investors seeking exposure to
long-term U.S. government bonds at a low cost.
Overall, the
Vanguard Long-Term Government Bond ETF may be a suitable investment
for investors seeking exposure to long-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
|