Vanguard plans to add Ultra-Short Bond ETF to lineup
Vanguard has filed an original registration assertion with the U.S. Securities and Exchange Commission for the proposed start of Vanguard Extremely-Limited Bond ETF through the next quarter of 2021. The new ETF will serve as a minimal-price, diversified alternative for investors trying to get current profits and confined price tag volatility.
The actively managed ETF will be individual from but have a comparable system to that of the $sixteen. billion Vanguard Extremely-Limited-Expression Bond Fund (Trader Shares: VUBFX Admiral™ Shares: VUSFX) and will be managed by the similar portfolio administration team as the mutual fund. It will have an approximated cost ratio of .ten%, when compared with the average cost ratio for extremely-small-time period bond ETFs of .22%.*
Like the present Extremely-Limited-Expression Bond Fund, the Extremely-Limited Bond ETF will make investments in a diversified portfolio of substantial-excellent and, to a lesser extent, medium-excellent mounted profits securities, including expenditure-quality credit history and