VEGBX Fees and Costs — Vanguard Emerging Markets Bond Fund, Admiral Shares
Data updated: 2026-08-28
The net expense ratio is 0.35%: a 0.33% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 119%.
VEGBX Fees and Expenses
Annual operating expenses and sales charges of VEGBX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.33% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
VEGBX Costs Over Time
On $10,000 invested in VEGBX, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
VEGBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $17.6B
- Portfolio turnover (prospectus): 119%
- Securities lending: none during the year
VEGBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $6.8B | 43.36% |
| JPMORGAN CHASE & CO. | $2.0B | 12.51% |
| CITIGROUP INC. | $1.7B | 10.66% |
| BARCLAYS PLC | $1.1B | 7.07% |
| MORGAN STANLEY | $779.0M | 4.98% |
| BANK OF AMERICA CORPORATION | $768.5M | 4.91% |
| HSBC HOLDINGS PLC | $744.0M | 4.75% |
| JEFFERIES FINANCIAL GROUP INC. | $703.3M | 4.49% |
| THE GOLDMAN SACHS GROUP, INC. | $688.2M | 4.40% |
| DEUTSCHE BANK AKTIENGESELLSCHAFT | $449.0M | 2.87% |
Vanguard Emerging Markets Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VEGBX | Admiral Shares | 0.35% | none |
| VEMBX | Investor Shares | 0.50% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.