Morningstar Fund Report  | 10/04/2025Print

Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Dist

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Dist
Fund-3.1-17.68.61.80.6
+/-Cat-0.51.1-1.1-0.3-0.1
+/-B’mrk0.73.1-1.10.70.4
 
Category: GBP Corporate Bond
Category Benchmark: Morningstar UK Corp Bd GR GBP
Key Stats
NAV
09/04/2025		 GBP 90.79
Day Change -0.79%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN IE00BPT2BT73
Fund Size (Mil)
09/04/2025		 GBP 4028.62
Share Class Size (Mil)
09/04/2025		 GBP 594.42
Max Initial Charge -
Ongoing Charge
19/03/2025		  0.06%
Morningstar Research
Analyst Report07/02/2025
Jose Garcia-Zarate, Associate Director
Morningstar, Inc

Vanguard UK Investment Grade Bond Index is an interesting option for investors seeking broad exposure to the market of GBP-denominated corporate bonds. The strategy’s low cost is the key factor placing it in good stead to deliver returns above...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent25
Process23
Performance
Price
Investment Objective: Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Dist
The Fund seeks to provide returns consistent with the Index.
Returns
Trailing Returns (GBP)09/04/2025
YTD-0.38
3 Years Annualised-0.82
5 Years Annualised-0.91
10 Years Annualised1.30
12 Month Yield 4.27
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Not Disclosed
20/03/2007
Inception Date
02/09/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Bloomberg GBP Non-Gov Float Adj TR GBPMorningstar UK Corp Bd GR GBP
Portfolio Profile for  Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Dist28/02/2025
Fixed Income
Effective Maturity7.77
Effective Duration5.38
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond99.250.0099.25
Property0.000.000.00
Cash0.000.000.00
Other0.750.000.75
Growth Of 1000 (GBP) 31/03/2025
Fund:  Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Dist
Category:  GBP Corporate Bond
Category Index:  Morningstar UK Corp Bd GR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-1.629.417.98-3.14-17.578.621.770.58
+/- Category0.69-0.21-0.73-0.471.14-1.06-0.26-0.13
+/- Category Index0.43-1.75-1.470.713.07-1.120.740.40
% Rank in Category2459576241785967
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.79   -0.160.11
1 Week-1.19   0.130.57
1 Month-1.31   0.070.76
3 Months0.62   -0.130.76
6 Months-0.25   0.401.19
YTD-0.38   0.161.01
1 Year1.76   0.021.29
3 Years Annualised-0.82   -0.100.94
5 Years Annualised-0.91   -0.560.71
10 Years Annualised1.30   -0.280.09
 
Category: GBP Corporate Bond
Category Index: Morningstar UK Corp Bd GR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.58---
20240.04-0.232.35-0.38
20232.89-3.902.277.42
2022-5.69-6.66-11.465.76
2021-3.611.11-0.44-0.18
2020-3.517.550.763.26
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearBelow AverageBelow Average2 star
10-YearAverageBelow Average3 star
OverallAverageBelow Average3 star
 
Category :  GBP Corporate BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev8.80 %
3-Yr Mean Return-0.57 %
 
3-Yr Sharpe Ratio-0.53
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Corp Bd GR GBP  Morningstar UK Corp Bd GR GBP
3-Yr Beta0.810.81
3-Yr Alpha-0.53-0.53
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 4174
Maturity Distribution %
1 to 324.55
3 to 523.71
5 to 710.17
7 to 1012.76
10 to 1510.61
15 to 208.55
20 to 306.77
Over 302.89
Effective Maturity7.77
Effective Duration5.38
Credit Quality Breakdown %     %
AAA21.05   BB0.00
AA9.67   B0.00
A30.15   Below B0.00
BBB38.90   Not Rated0.22
 
Category: GBP Corporate Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond99.250.0099.25
Property0.000.000.00
Cash0.000.000.00
Other0.750.000.75
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings1197
Assets in Top 10 Holdings4.48
NameSectorCountry% of Assets
Kreditanstalt Fuer Wiederaufbau 3.75%Germany0.81
Kreditanstalt Fuer Wiederaufbau 0.875%Germany0.58
Kreditanstalt Fuer Wiederaufbau 3.75%Germany0.52
European Investment Bank 6%0.42
European Investment Bank 5.625%0.39
Kreditanstalt Fuer Wiederaufbau 4.375%Germany0.38
Kreditanstalt Fuer Wiederaufbau 4.875%Germany0.37
European Investment Bank 4%0.34
European Investment Bank 4.5%0.33
International Bank for Reconstruction... 0.33
 
Increase Decrease New since last portfolio
Category: GBP Corporate Bond
 
Management
Name of CompanyVanguard Group (Ireland) Limited
Phone+353 1 6123226
Websiteglobal.vanguard.com
Address70 Sir John Rogerson’s Quay
 Dublin   2
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date02/09/2014
Fund Advisor(s)
Vanguard Global Advisors, LLC
Fund ManagerNot Disclosed
Manager Start Date20/03/2007
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.06%
Ongoing Charge0.06%
Purchase Details
Minimum Investments
Initial100000000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes