16 important things you should know about Vanguard VBTLX mutual fund
Updated: December 03, 2021
Bull case
High net assets
3-year return above the benchmark
5-year return above the benchmark
10-year return above the benchmark
Low expense ratio
No sales load or distribution fees
Bear case

No bear case arguments.

Before we start: if you’re looking for VBTLX “stock” price, you can quickly find it out by visiting Finny and typing "VBTLX quote". If you’re looking for a quick scoop on VBTLX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "VBTLX". You’ll get all this info in one place.

Are you looking to buy or sell VBTLX? Or perhaps you’re looking for VBTLX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this VBTLX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: VBTLX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: VBTLX buy or sell; the pros and cons of investing in VBTLX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to VBTLX.

And here is the list of questions we’ll answer:

  1. Describe Vanguard Bond Index Funds: Vanguard Total Bond Market Index Fund; Admiral Shares (VBTLX).
  2. What are VBTLX holdings?
  3. What is VBTLX performance? What are VBTLX historical returns?
  4. What is VBTLX dividend yield?
  5. What is VBTLX minimum initial investment amount?
  6. Does VBTLX have any sales loads or 12b-1 distribution expenses?
  7. What is VBTLX Finny Score? VBTLX buy or sell?
  8. What are the pros of investing in VBTLX? What are VBTLX buy reasons?
  9. What are the cons of investing in VBTLX? What are VBTLX sell reasons?
  10. Compare and contrast: VBTLX vs BND.
  11. Compare and contrast: VBTLX vs BAGIX.
  12. Compare and contrast: VBTLX vs DODIX.
  13. Compare and contrast: VBTLX vs FBNDX.
  14. Compare and contrast: VBTLX vs FTBFX.
  15. Compare and contrast: VBTLX vs FXNAX.
  16. Compare and contrast: VBTLX vs VBIAX.

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Vanguard Bond Index Funds: Vanguard Total Bond Market Index Fund; Admiral Shares (VBTLX).

The Fund seeks to track the performance of a broad, market-weighted bond index.

2. What are VBTLX top holdings?

VBTLX has 0 stock holdings and 18,506 bond holdings.

The top 4 holdings represent 2.49% of total assets. Here are the top holdings:

Name Symbol % Assets
Federal National Mortgage Association 2.5% N/A 0.81%
Federal National Mortgage Association N/A 0.78%
United States Treasury Bonds N/A 0.50%
United States Treasury Notes N/A 0.40%

3. What is VBTLX performance? What are VBTLX historical returns?

VBTLX has generated the following returns:

  • 1-month return is 0.44%;
  • 3-month return is -0.48%;
  • 1-year return is -0.48%;
  • 3-year return is 5.60%;
  • 5-year return is 3.68%;
  • 10-year return is 2.96%;
  • 15-year return is 4.06%.

4. What is VBTLX dividend yield?

VBTLX yield is 1.91%.

5. What is VBTLX minimum initial investment amount?

VBTLX minimum initial investment amount is $10.00K.

6. Does VBTLX have any sales loads or 12b-1 distribution expenses?

VBTLX 12b-1 distribution fee is 0. VBTLX front-end sales load is 0. VBTLX back-end sales load is 0.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 100. Our quantitative analysis shows 6 reasons to buy and 0 reasons to sell it, resulting in the Finny Score of 100.

8. What are the pros of investing in VBTLX? What are VBTLX buy reasons?

The following are VBTLX strengths from our perspective:

  • VBTLX net assets are $117.30 billion. This fund is a popular choice with retail and institutional investors.
  • VBTLX 3-year return is 5.6%, which is higher than the 3-year return of the benchmark index (Bloomberg US Aggregate Float Adjusted TR USD), 5.34%.
  • VBTLX 5-year return is 3.68%, which is higher than the 5-year return of the benchmark index (Bloomberg US Aggregate Float Adjusted TR USD), 3.54%.
  • VBTLX 10-year return is 2.96%, which is higher than the 10-year return of the benchmark index (Bloomberg US Aggregate Float Adjusted TR USD), 2.93%.
  • VBTLX expense ratio is 0.05%, which is considered low. Nice job picking a low-cost fund.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

9. What are the cons of investing in VBTLX? What are VBTLX negatives?

There are no visible red flags.

Alternatives

10. Compare and contrast: VBTLX vs BND.

VBTLX is a mutual fund, whereas BND is an ETF.

VBTLX has a higher 5-year return than BND (3.68% vs 3.63%).

VBTLX has a higher expense ratio than BND (0.05% vs 0.04%).

VBTLX BND
Segment Taxable Fixed Income: Intermediate-Term Bond Fixed Income: U.S. - Broad Market Investment Grade
Net Assets $117.30B $83.15B
Expense Ratio 0.05% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A Bloomberg Barclays U.S. Aggregate Float Adjusted Index
Dividend Yield 1.91% 1.95%

BND profile: The Fund seeks to track the performance of a broad, market-weighted bond index.

For further information, check out VBTLX vs BND comparison details.

11. Compare and contrast: VBTLX vs BAGIX.

Both VBTLX and BAGIX are mutual funds.

VBTLX has a lower 5-year return than BAGIX (3.68% vs 4.1%).

VBTLX has a lower expense ratio than BAGIX (0.05% vs 0.3%).

VBTLX BAGIX
Segment Taxable Fixed Income: Intermediate-Term Bond
Net Assets $117.30B $38.66B
Expense Ratio 0.05% 0.3%
Management Style passive (index-based) N/A
Underlying Index N/A N/A
Dividend Yield 1.91% 1.95%

BAGIX profile: The Fund seeks an annual rate of total return, before fund expenses, greater than the annual rate of total return of the Index. The Fund invests at least 80% of its net assets in the following types of U.S. dollar denominated debt obligations. The Fund may invest in debt obligations of all maturities.

For further information, check out VBTLX vs BAGIX comparison details.

12. Compare and contrast: VBTLX vs DODIX.

Both VBTLX and DODIX are mutual funds.

VBTLX has a lower 5-year return than DODIX (3.68% vs 4.47%).

VBTLX has a lower expense ratio than DODIX (0.05% vs 0.42%).

VBTLX DODIX
Segment Taxable Fixed Income: Intermediate-Term Bond Taxable Fixed Income: Intermediate-Term Bond
Net Assets $117.30B $72.29B
Expense Ratio 0.05% 0.42%
Management Style passive (index-based) active
Underlying Index N/A N/A
Dividend Yield 1.91% 2.01%

For further information, check out VBTLX vs DODIX comparison details.

13. Compare and contrast: VBTLX vs FBNDX.

Both VBTLX and FBNDX are mutual funds.

VBTLX has a lower 5-year return than FBNDX (3.68% vs 4.48%).

VBTLX has a lower expense ratio than FBNDX (0.05% vs 0.45%).

VBTLX FBNDX
Segment Taxable Fixed Income: Intermediate-Term Bond Taxable Fixed Income: Intermediate-Term Bond
Net Assets $117.30B $6.82B
Expense Ratio 0.05% 0.45%
Management Style passive (index-based) active
Underlying Index N/A N/A
Dividend Yield 1.91% 1.52%

FBNDX profile: The Fund seeks high current income by investing in U.S. dollar denominated investment-grade bonds. The Fund has an overall interest rate risk gauged to that of the Barclays Capital Aggregate Bond Index. The stock selection is guided by structural features, current pricing, trading opportunities, and credit quality.

For further information, check out VBTLX vs FBNDX comparison details.

14. Compare and contrast: VBTLX vs FTBFX.

Both VBTLX and FTBFX are mutual funds.

VBTLX has a lower 5-year return than FTBFX (3.68% vs 4.53%).

VBTLX has a lower expense ratio than FTBFX (0.05% vs 0.45%).

VBTLX FTBFX
Segment Taxable Fixed Income: Intermediate-Term Bond Taxable Fixed Income: Intermediate-Term Bond
Net Assets $117.30B $16.13B
Expense Ratio 0.05% 0.45%
Management Style passive (index-based) active
Underlying Index N/A N/A
Dividend Yield 1.91% 2.2%

FTBFX profile: The Fund seeks a high level of current income. The Fund normally invests at least 80% of its assets in debt securities of all types and repurchase agreements for those securities. The Fund may invest up to 20% of its assets in high yield and emerging market debt securities.

For further information, check out VBTLX vs FTBFX comparison details.

15. Compare and contrast: VBTLX vs FXNAX.

Both VBTLX and FXNAX are mutual funds.

VBTLX has a higher 5-year return than FXNAX (3.68% vs 3.59%).

VBTLX has a higher expense ratio than FXNAX (0.05% vs 0.03%).

VBTLX FXNAX
Segment Taxable Fixed Income: Intermediate-Term Bond
Net Assets $117.30B $59.65B
Expense Ratio 0.05% 0.03%
Management Style passive (index-based) N/A
Underlying Index N/A N/A
Dividend Yield 1.91% 1.81%

FXNAX profile: The Fund seeks to provide investment results that correspond to the total return of the bonds in the Barclays Aggregate Bond Index (the Aggregate Bond Index). The Fund invests at least 80% of its assets in bonds of the Index using statistical sampling techniques.

For further information, check out VBTLX vs FXNAX comparison details.

16. Compare and contrast: VBTLX vs VBIAX.

Both VBTLX and VBIAX are mutual funds.

VBTLX has a lower 5-year return than VBIAX (3.68% vs 12.16%).

VBTLX has a lower expense ratio than VBIAX (0.05% vs 0.07%).

VBTLX VBIAX
Segment Taxable Fixed Income: Intermediate-Term Bond U.S. Balanced: Allocation--50% to 70% Equity
Net Assets $117.30B $46.91B
Expense Ratio 0.05% 0.07%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
Dividend Yield 1.91% 1.38%

VBIAX profile: The Fund seeks to track, with respect to 60% of its assets, investment performance of the CRSP US Total Market Index, and with respect to 40% of its assets, investment performance of the Barclays U.S. Aggregate Float Adjusted Index.

For further information, check out VBTLX vs VBIAX comparison details.

In the VBTLX review, we covered VBTLX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.