Vanguard Emerging Markets Government Bond Index Fund Admiral Shares
VGAVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- May 14, 2013
- CIK
- 0001004655
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) is an open-end mutual fund that employs an indexing investment approach designed to track the performance of the Bloomberg USD Emerging Markets Government RIC Capped Index. The fund invests by sampling the index, holding a representative range of U.S. dollar-denominated bonds with maturities longer than one year issued by emerging market governments, government agencies, and government-owned corporations; at least 80% of its assets are invested in bonds included in the index, with a dollar-weighted average maturity generally ranging between 10 and 15 years. Its portfolio is non-diversified, with significant allocations to issuers such as Saudi Arabia (13.4%), Mexico (9.8%), Turkey (6.6%), Indonesia (6.3%), and United Arab Emirates (5.8%), and credit quality distributed across investment-grade (A 21.6%, Baa 25.7%) and below-investment-grade ratings (Ba 25.3%, B 11.3%, CCC or lower 7.5%). Launched on May 31, 2013, the fund is managed by Joshua Barrickman and is part of The Vanguard Group, Inc., which was founded in 1975 and is headquartered in Malvern, Pennsylvania. Vanguard operates globally, with offices across North America, Europe, Asia Pacific, and Latin America, serving investors primarily in the United States through Admiral Shares that require a minimum initial investment of $3,000. The fund features a net expense ratio of 0.20%, a turnover rate of approximately 24%, and monthly income distributions, targeting institutional and retail investors seeking exposure to emerging markets bond risks including country/regional, credit, liquidity, interest rate, and emerging markets-specific volatility. In recent years, the fund has maintained its core strategy without major structural changes, though Vanguard as a whole has pursued expansions in fixed income offerings, including the launch of new bond ETFs such as Vanguard Core Tax-Exempt Bond ETF (VCRM) and Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) in November 2024, and Intermediate-Term Tax-Exempt Bond ETF (VTEI) and California Tax-Exempt Bond ETF (VTEC) in January 2024. Vanguard also announced allocation changes for its STAR Fund in December 2024, introducing a new Core-Plus Bond Fund with emerging markets exposure in Q1 2025, and partnered with Vanilla for intergenerational wealth planning capabilities in January 2024. These developments reflect Vanguard's broader strategic focus on enhancing fixed income product flexibility and investor tools amid evolving market conditions as of late 2025.