Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF invests in a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States. These securities include government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities. All investments held by the fund have maturities of more than 1 year. The fund's investments are selected through a sampling process. At least 80% of its assets will be invested in bonds that are part of the index it tracks.