VPLS

Issuer

Vanguard

Inception

2023-12-06

Exchange

NASDAQ

CUSIP

922020755

Structure

—

Benchmark

—

Leverage

1x

Reset

—

The Vanguard Core-Plus Bond ETF (VPLS) is an actively managed investment vehicle aiming for broad diversification, primarily targeting the U.S. bond market comprised of investment-grade securities. It also strategically incorporates a portion of higher-risk, below-investment-grade bonds and international debt, notably from developing economies. As a cost-efficient option, the fund allocates capital across a spectrum of fixed-income assets, including U.S. government (Treasury) bonds, mortgage-backed instruments, corporate debt, and emerging market sovereign or corporate debt. These holdings span a range of yields, durations, and credit ratings. Its strategy employs a rigorous, risk-managed methodology to surpass its designated benchmark. This is achieved through careful selection of individual securities, strategic allocation across different market sectors, and skilled management of interest rate sensitivity (duration). As is typical for fixed-income portfolios, this ETF is susceptible to interest rate fluctuations. A rise in prevailing interest rates can lead to a decline in the value of the underlying bonds, consequently diminishing the fund's net asset value. Given its anticipated moderate exposure to debt with lower credit ratings, the fund also carries credit risk. Should an issuer's financial health or ability to meet timely interest and principal obligations be perceived negatively, the value of those bonds may fall. Because this fund strategically invests across the full spectrum of the fixed-income market – encompassing various sectors, maturities, and credit qualities – it can serve as a foundational bond allocation for investors who are comfortable with an elevated level of risk within their fixed-income portfolio. It's important to note that the Vanguard Core-Plus Bond ETF operates independently and should not be confused with the Vanguard Core-Plus Bond Index ETF (BNDP) or the Vanguard Core-Plus Bond Fund (VCPIX and VCPAX). Variations in their respective sizes, investment methodologies, and specific portfolio assets are likely to result in divergent performance outcomes among these offerings.

Reported net asset value

$75.00

NAV provider updated

2026-10-30 UTC

Premium / discount

—

Median spread · 30D

—

Average volume · 30D

458.6K

Shares outstanding

—

Options

—

TTM distribution yield

4.9%

30-day SEC yield

—

Frequency

—

Latest ex-date

2026-11-02

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.20%

Gross expense ratio

—

Management fee

—

Annual cost per $10,000

$20.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

2/5 · rule-based

Annualized volatility · 1Y

3.88%

Beta vs VOO · 1Y

0.14

Maximum drawdown · 1Y

▼ −4.7%

Historical risk measures describe past behavior and do not predict future returns.