VTIIX Fees and Costs — Vanguard Total International Bond II Index Fund, Investor Share Class
Data updated: 2026-09-28
The net expense ratio is 0.11%: a 0.10% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 25%.
VTIIX Fees and Expenses
Annual operating expenses and sales charges of VTIIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.11% |
| Fee waiver | — |
| Net expense ratio | 0.11% |
| 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 |
VTIIX Costs Over Time
On $10,000 invested in VTIIX, assuming 5% a year before costs, total costs come to $70 over 5 years, cutting the return by 0.12% 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 0.11%) | $12 | $36 | $64 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $12 | $38 | $70 |
| Value after costs | $10,488 | $11,538 | $12,693 |
| Impact on return, per year | 0.12% | 0.12% | 0.12% |
VTIIX 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): $97.7B
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
VTIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $30.1B | 45.09% |
| BNP PARIBAS | $5.2B | 7.79% |
| Royal Bank of Canada | $5.0B | 7.42% |
| JPMORGAN CHASE & CO. | $4.9B | 7.29% |
| DEUTSCHE BANK AKTIENGESELLSCHAFT | $4.2B | 6.34% |
| MITSUBISHI UFJ FINANCIAL GROUP, INC. | $4.2B | 6.24% |
| THE BANK OF NOVA SCOTIA | $4.2B | 6.23% |
| THE GOLDMAN SACHS GROUP, INC. | $3.2B | 4.79% |
| BANCO SANTANDER S.A. | $3.1B | 4.65% |
| Nomura Securities International, Inc. | $2.8B | 4.16% |
Vanguard Total International Bond II 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 |
|---|---|---|---|
| VTILX | Institutional Share Class | 0.07% | none |
| VTIIX | Investor Share Class | 0.11% | 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.