Vanguard Inflation-Protected Secs Adm


Investment Strategy

The investment seeks to provide inflation protection and income consistent with investment in inflation-indexed securities. The fund invests at least 80% of its assets in inflation-indexed bonds issued by the U.S. government, its agencies and instrumentalities, and corporations. It may invest in bonds of any maturity; however, its dollar-weighted average maturity is generally expected to be in the range of 7 to 20 years. At a minimum, all bonds purchased by the fund will be rated investment-grade or, if unrated, will be considered by the advisor to be investment-grade.



Ticker:
VAIPX
Share Class:
Inst
CUSIP:
922031737
Inception Date:
06/10/2005


Investment Expenses, Sales Charges, and Fees

Annual Operating Expense

Net Expense Ratio: 0.10%


Average Annual Total Returns

All average annual total returns are reported net of all fees and as of the end of the last quarter. Past performance does not guarantee future results.


Year 1 3 5 10 Since Inception
(06/10/2005)
Total Returns
6.24%
-0.08%
2.25%
2.41%
3.33%

Impact of Expenses and Fees

The table below assumes the investor invests $10,000 on the first day of year one and that the original investment earns a continuous 5% return. In addition, it assumes the investor reinvests all earnings, and makes no additional contributions. The 5% rate of return is hypothetical and used only to illustrate the respective impacts of different fee amounts on each investment. It is not intended to predict future investment returns.

Calculations are done by the 403bCompare site in an effort to provide a standardized comparison of the impact of all fees associated with an investment option. This includes all required 403(b) product-level fees, and investment-level fees. For more information on fees or expenses associated with a 403(b) product or investment option, please refer fees located in Help & Resources .


If Shares are Redeemed
End of year
1
5
10
15
20
Total Fees and Charges
$186
$629
$1,189
$1,756
$2,334
If Shares are Not Redeemed
End of year
1
5
10
15
20
Total Fees and Charges
$111
$554
$1,114
$1,681
$2,259