VTIBX Fees and Costs — Vanguard Total International Bond Index Fund, Investor Shares
Data updated: 2026-09-28
The net expense ratio is 0.13%: a 0.08% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 23%.
VTIBX Fees and Expenses
Annual operating expenses and sales charges of VTIBX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.13% |
| Fee waiver | — |
| Net expense ratio | 0.13% |
| 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 |
VTIBX Costs Over Time
On $10,000 invested in VTIBX, assuming 5% a year before costs, total costs come to $83 over 5 years, cutting the return by 0.14% 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 0.13%) | $14 | $43 | $75 |
| Lost growth on money paid in costs | $0 | $2 | $8 |
| Total costs | $14 | $45 | $83 |
| Value after costs | $10,486 | $11,531 | $12,680 |
| Impact on return, per year | 0.14% | 0.14% | 0.14% |
VTIBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $81.4B
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
VTIBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $25.4B | 46.69% |
| Royal Bank of Canada | $4.2B | 7.78% |
| JPMORGAN CHASE & CO. | $3.8B | 6.98% |
| DEUTSCHE BANK AKTIENGESELLSCHAFT | $3.7B | 6.80% |
| BNP PARIBAS | $3.4B | 6.21% |
| THE BANK OF NOVA SCOTIA | $3.3B | 6.09% |
| MITSUBISHI UFJ FINANCIAL GROUP, INC. | $3.1B | 5.73% |
| BANCO SANTANDER S.A. | $2.8B | 5.14% |
| HSBC HOLDINGS PLC | $2.4B | 4.35% |
| Nomura Securities International, Inc. | $2.3B | 4.22% |
Vanguard Total International Bond Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VSIBX | C000170277 | 0.03% | none |
| VTIFX | Institutional Shares | 0.03% | none |
| BNDX | ETF Shares | 0.07% | — |
| VTABX | Admiral Shares | 0.10% | none |
| VTIBX | Investor Shares | 0.13% | 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.