Vanguard U.S. Government Bond Fund

The Vanguard U.S. Government Bond Fund is an open-ended mutual fund focused on providing exposure to U.S. government and government-related bonds. The fund is managed using a passive, index-tracking approach, aiming to replicate the performance of the Bloomberg U.S. Government Float Adjusted Bond Index. This benchmark comprises U.S. dollar-denominated fixed-rate government bonds, including those issued by the U.S. Treasury and government agencies, with maturities greater than one year. The fund seeks to maintain full investment in a diverse basket of these securities, offering investors broad access to the U.S. government fixed income market. Designed for institutional and professional investors, the fund emphasizes diversification, stability, and transparency, serving as a core holding for those seeking reliable, long-term exposure to U.S. government debt instruments. The income generated by the fund is typically reinvested, and its low ongoing charges reflect Vanguard’s commitment to cost efficiency in fixed-income investing.