![AFI why active now](/content/dam/fas/images/digital/photography/GettyImages-991166790-wi-@4x.jpg)
ACTIVE FIXED INCOME
Turn opportunity into action
Pursue greater returns for clients with expert managers and a low-cost advantage
Have questions about active fixed income? Contact us.
See fund performance, expense ratio, and more right here.
Disclosures and footnotes
1 Note: Vanguard calculations, based on data from Morningstar, Inc., as of December 31, 2022, show that Vanguard active fixed income funds had an average asset-weighted expense ratio of 0.11%, compared with an average asset-weighted expense ratio of 0.55% for non-Vanguard active fixed income funds.
For more information about Vanguard funds or Vanguard ETFs, view detailed product information or call 800-997-2798 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.
All investments, are subject to risk, including the possible loss of the money you invest.
Diversification does not ensure a profit or protect against a loss.
Bond funds are subject to interest rate risk, which is the chance bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to make such payments will cause the price of that bond to decline.
Vanguard is owned by its funds, which are owned by Vanguard’s fund shareholder clients.