Vanguard Total International Bond Index Fund Admiral Shares VTABX NASDAQ

Vanguard Total International Bond Index Fund Admiral Shares (VTABX) is designed to provide broad exposure to non-U.S. investment-grade bonds across developed and emerging markets. The fund seeks to track an index of international government, agency, and corporate securities while employing currency hedging strategies to protect against exchange rate fluctuations. Like all bond funds, it carries interest rate risk and exposure to country and regional risks associated with international investing. The fund maintains disciplined concentration limits, restricting positions to no more than 10% of any single issuer's voting securities or 5% of total fund assets per issuer, except for U.S. government obligations. This fund is suitable for long-term investors seeking to diversify their bond portfolios with international exposure.