Vanguard U.K. Investment Grade Bond Index Fund
(VAVGUKA) Vanguard U.K. Investment Grade Bond Index Fund - Institutional Plus GBP Acc
Related documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg GBP Non Government Float Adjusted Bond Index (the “Index”).
- The Index is a market-weighted index of pound sterling denominated investment-grade fixed-income securities with maturities greater than one year and a minimum issue size of GBP 200 million, but excluding certain sectors as set out below. The Index includes securities issued by corporate, securitised, and government-related/supranational entities, including non UK governments who issue securities in pound sterling, but excludes UK Treasury, UK agency and UK local authority issuers.
- The Fund attempts to: 1. Track the performance of the Index by investing through physical acquisition in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
Fund facts
Share class inception
Sep 02 2014
Minimum initial investment
£100,000,000.00
Investment structure
Irish UCITS
Share class assets'
Total assets
Risk indicator
Strategy
Index
Asset class
Bond
Currency
GBP
Index ticker
I23046GB
Benchmark
Bloomberg GBP Non-Government Float Adjusted Bond Index
Dividend Schedule
—
Tax status
Italy and United Kingdom
Domicile
Ireland
Legal Entity
Vanguard Investment Series PLC
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at Sep 30 2026
Beta
R²
Alpha
Standard Deviation
Sharpe Ratio
Annualized Tracking Error
1 year
3 years
5 years
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 1,137 | 1,189 | Sep 30 2026 |
| YTM (Yield to Maturity) effective | 5.9% | 5.9% | Sep 30 2026 |
| Medium coupon | 4.7% | 4.5% | Sep 30 2026 |
| Average maturity | 7.5 Years | 7.4 Years | Sep 30 2026 |
| Average Duration | 5.0 Years | 5.0 Years | Sep 30 2026 |
| Cash Investment | 0.0% | — | Sep 30 2026 |
Market allocation
As at Sep 30 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United Kingdom | Europe | 39.51% | 38.75% | 0.76% |
| United States of America | North America | 14.23% | 14.46% | -0.23% |
| Supranational | Other | 13.64% | 13.62% | 0.02% |
| Germany | Europe | 8.63% | 8.95% | -0.32% |
| France | Europe | 7.36% | 7.56% | -0.20% |
| Canada | North America | 3.11% | 3.04% | 0.07% |
| Netherlands | Europe | 2.43% | 2.43% | 0.00% |
| Italia | Europe | 1.55% | 1.55% | 0.00% |
| España | Europe | 1.22% | 1.37% | -0.15% |
| Australia | Pacific | 1.01% | 1.03% | -0.02% |
| Japan | Pacific | 0.87% | 0.91% | -0.04% |
| Suecia | Europe | 0.81% | 0.73% | 0.08% |
| Dinamarca | Europe | 0.79% | 0.74% | 0.05% |
| Noruega | Europe | 0.69% | 0.73% | -0.04% |
| Belgium | Europe | 0.67% | 0.56% | 0.11% |
Distribution by credit quality (% of funds)
As at Sep 30 2026
| Credit Rating | Fund |
|---|---|
| AAA | 21.37% |
| AA | 11.14% |
| A | 30.52% |
| BBB | 37.01% |
| Not Rated | -0.04% |
Distribution by credit issuer
As at Sep 30 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 0.36% |
| Gov-Related-Agencies | 11.59% |
| Gov-Related-Local Authority | 2.30% |
| Gov-Related-Sovereign | 0.64% |
| Gov-Related-Supranational | 13.64% |
| Corporate-Industrials | 19.82% |
| Corporate-Utilities | 11.64% |
| Corporate-Financial Institutions | 36.47% |
| Securitized-Asset Backed Security | 3.53% |
| Cash | -0.04% |
| Other | 0.05% |
Distribution by credit maturity
As at Sep 30 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | -0.04% |
| 1 - 5 Years | 49.17% |
| 5 - 10 Years | 26.67% |
| 10 - 15 Years | 10.35% |
| 15 - 20 Years | 5.72% |
| 20 - 25 Years | 2.63% |
| Over 25 Years | 5.48% |
Top 10 Holdings
As at Sep 30 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| Kreditanstalt fuer Wiederaufbau | 0.70405% | £27,543,584.43 | 27,566,000 | 4.88% | Oct 10 2028 |
| Kreditanstalt fuer Wiederaufbau | 0.61340% | £23,997,199.64 | 24,621,000 | 3.75% | Jan 09 2029 |
| Kreditanstalt fuer Wiederaufbau | 0.53351% | £20,871,698.87 | 20,960,000 | 4.38% | Jan 31 2028 |
| European Investment Bank | 0.50790% | £19,869,818.03 | 19,456,000 | 6.00% | Dec 07 2028 |
| Kreditanstalt fuer Wiederaufbau | 0.48998% | £19,168,625.29 | 20,041,000 | 4.00% | Jul 01 2031 |
| International Bank for Reconstruction & Development | 0.41342% | £16,173,808.41 | 17,491,000 | 1.25% | Dec 13 2028 |
| European Investment Bank | 0.40101% | £15,687,958.25 | 15,316,000 | 5.63% | Jun 07 2032 |
| International Bank for Reconstruction & Development | 0.38831% | £15,191,118.73 | 15,700,000 | 4.13% | Oct 22 2030 |
| Asian Development Bank | 0.36905% | £14,437,999.69 | 15,100,000 | 4.00% | Jul 01 2031 |
| European Investment Bank | 0.35904% | £14,046,371.90 | 14,351,000 | 4.00% | Feb 15 2029 |
Prices and distribution
Prices
NAV Price (GBP)
£133.31
GBPChange
-£0.05-0.04% As at Nov 06 2026
NAV 52-week high
£134.65
As at Nov 09 2026
NAV 52-week low
£129.56
As at Nov 09 2026
NAV 52-week difference
£5.09
Change
+3.78% As at Nov 09 2026
Outstanding shares
10,953,661
As at Oct 31 2026
Historical Prices
-
Inception date
Sep 02 2014
| Date | NAV (GBP) |
|---|---|
| Nov 06 2026 | £133.3113 |
| Nov 05 2026 | £133.3583 |
| Nov 04 2026 | £133.1773 |
| Nov 03 2026 | £132.6029 |
| Nov 02 2026 | £132.8946 |
| Oct 30 2026 | £132.2893 |
| Oct 29 2026 | £132.2493 |
| Oct 28 2026 | £131.8674 |
| Oct 27 2026 | £131.8916 |
| Oct 26 2026 | £131.8952 |
Purchase information
Currency
Base currency:GBP
Fund codes
- Bloomberg:VAVGUKA
- CUSIP:G93186578
- ISIN:IE00BPT2BV95
- MEX ID:VIAAHJ
- SEDOL:BPT2BV9