About this ETF
VGMS targets total returns with moderate to high current income by broadly investing in fixed income securities, such as corporate bonds, US Treasury obligations, and other government securities. The fund invests in bonds from around the world with maturities of at least 90 days. Investments could be of any credit quality with up to 65% invested in junk bonds. The fund may also invest in other derivatives and structured products or instruments, including mortgage-backed securities, asset-backed securities, CMOs, and CLOs. While the fund seeks to have most assets denominated or hedged back to USD, the fund may still invest in bonds denominated in other currencies on an unhedged basis that may be hedged through currency exchange forward contracts to manage currency risk. As an actively managed ETF, the fund manager has full discretion to adjust the portfolio at any time. Like all Vanguard ETFs, VGMS only discloses holdings monthly, instead of daily.
Description from the fund data provider · profile as of Oct 23, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.74% | -2.25% | -3.65% | -3.80% | -4.21% | — | — | — | -1.51% |
| Total return | -0.30% | -0.92% | -1.06% | +0.08% | +1.12% | — | — | — | +5.53% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.30% | Annual cost of a $10,000 investment | $30.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 1,193 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | MKTLIQ 12/31/2049 | — | 2.70% | 80.64K | $8.1M |
| 2 | United States Treasury Note/Bond 4.25%… | — | 0.61% | 18.48K | $1.8M |
| 3 | US Dollar | — | 0.54% | 1.63M | $1.6M |
| 4 | Petroleos Mexicanos 8.75% 06/02/2029 | — | 0.54% | 15.42K | $1.6M |
| 5 | United States Treasury Bill 09/02/2027 | — | 0.50% | 1.57M | $1.5M |
| 6 | United States Treasury Note/Bond 4.25%… | — | 0.50% | 15.00K | $1.5M |
| 7 | United States Treasury Bill 09/30/2027 | — | 0.49% | 1.55M | $1.5M |
| 8 | United States Treasury Note/Bond 3.88%… | — | 0.49% | 15.00K | $1.5M |
| 9 | Foundry JV Holdco LLC 5.90% 01/25/2033 | — | 0.47% | 14.15K | $1.4M |
| 10 | United States Treasury Note/Bond 3.50%… | — | 0.47% | 14.18K | $1.4M |
| 11 | Hawaiian Electric Co Inc 6.00% 10/01/2033 | — | 0.45% | 14.45K | $1.4M |
| 12 | TransDigm Inc 6.38% 05/31/2033 | — | 0.45% | 14.15K | $1.4M |
| 13 | Bank of America Corp 4.70% 04/23/2032 | — | 0.42% | 13.20K | $1.3M |
| 14 | Philippine Government International Bond 5.33%… | — | 0.42% | 13.50K | $1.3M |
| 15 | General Motors Financial Co Inc 4.60% 01/08/2031 | — | 0.42% | 13.05K | $1.2M |
| 16 | Aon North America Inc / Aon Global Holdings Plc… | — | 0.41% | 12.30K | $1.2M |
| 17 | Sumisho Air Lease Corp 4.50% 03/24/2029 | — | 0.40% | 12.30K | $1.2M |
| 18 | Capital One Financial Corp 4.72% 01/30/2032 | — | 0.39% | 12.10K | $1.2M |
| 19 | Morocco Government International Bond 4.75%… | — | 0.38% | 10.55K | $1.1M |
| 20 | Nissan Motor Acceptance Co LLC 6.13% 09/30/2030 | — | 0.38% | 12.17K | $1.1M |
| 21 | United States Treasury Note/Bond 4.00%… | — | 0.38% | 11.55K | $1.1M |
| 22 | XPLR Infrastructure Operating Partners LP 4.50%… | — | 0.37% | 11.10K | $1.1M |
| 23 | Saudi Government International Bond 5.88%… | — | 0.36% | 12.65K | $1.1M |
| 24 | TransDigm Inc 6.75% 01/31/2035 | — | 0.36% | 10.95K | $1.1M |
| 25 | PR RNO Property Owner 1 LLC 6.50% 05/01/2031 | — | 0.34% | 11.40K | $1.0M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 5.59% | Paid (last 12 months) | $2.7745 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.2151 (Oct 05, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 05, 2026 | $0.2151 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 03, 2026 | $0.2282 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 05, 2026 | $0.2340 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 06, 2026 | $0.2228 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 03, 2026 | $0.2291 |
| May 01, 2026 | May 01, 2026 | May 05, 2026 | $0.2188 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 06, 2026 | $0.2318 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 04, 2026 | $0.2042 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 04, 2026 | $0.2297 |
| Dec 18, 2025 | Dec 18, 2025 | Dec 22, 2025 | $0.3394 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 03, 2025 | $0.2099 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 05, 2025 | $0.2115 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 3.36% / — | Sharpe 1Y / 3Y | -0.915 / — |
| Max drawdown 1Y / 3Y | -2.72% / — | Sortino 1Y | -1.27 |
| Beta vs S&P 500 (3Y) | 0.165 | Correlation vs S&P 500 (1Y) | 0.629 |
| Downside deviation 1Y | 2.41% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 25, 2026. Formulas →
Liquidity
| Volume today | 73.39K | Average volume | 76.01K |
| AUM | $297.6M | Premium/Discount | +0.18% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for VGMS
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
VGMS