Vanguard Japan Government Bond Index Fund
(VAGBIIP) Vanguard Japan Government Bond Index Fund - Institutional Plus USD Hedged Acc
Related documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Japan Government Float Adjusted Bond Index (the “Index”).
- The Index includes investment-grade Japanese yen-denominated treasury and Japanese government related bonds with maturities greater than one year. Investment-grade bonds are generally bonds with a relatively low risk of default.
- The Fund attempts to: 1. Track the performance of the Index by investing 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.
Fund facts
Share class inception
Jan 15 2020
Minimum initial investment
$100,000,000.00
Investment structure
Irish UCITS
Share class assets'
Total assets
Risk indicator
Strategy
Index
Asset class
Bond
Currency
USD
Index ticker
H23049US
Benchmark
Bloomberg Japan Government Float Adjusted Bond Index in USD
Dividend Schedule
—
Tax status
Italy, Switzerland 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
Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 410 | 730 | Sep 30 2026 |
| YTM (Yield to Maturity) effective | 3.3% | 3.3% | Sep 30 2026 |
| Medium coupon | 1.3% | 1.3% | Sep 30 2026 |
| Average maturity | 10.9 Years | 11.0 Years | Sep 30 2026 |
| Average Duration | 9.1 Years | 9.1 Years | Sep 30 2026 |
| Cash Investment | 0.2% | — | Sep 30 2026 |
Market allocation
As at Sep 30 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| Japan | Pacific | 99.78% | 100.00% | -0.22% |
| Other | Other | 0.22% | — | — |
| United States of America | North America | 0.00% | — | — |
Distribution by credit quality (% of funds)
As at Sep 30 2026
| Credit Rating | Fund |
|---|---|
| A | 96.82% |
| Not Rated | 3.18% |
Distribution by credit issuer
As at Sep 30 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 94.83% |
| Gov-Related-Agencies | 2.44% |
| Gov-Related-Local Authority | 2.51% |
| Cash | 0.22% |
| Other | -0.00% |
Distribution by credit maturity
As at Sep 30 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.22% |
| 1 - 5 Years | 33.32% |
| 5 - 10 Years | 26.58% |
| 10 - 15 Years | 12.95% |
| 15 - 20 Years | 12.42% |
| 20 - 25 Years | 4.56% |
| Over 25 Years | 9.95% |
Top 10 Holdings
As at Sep 30 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| Japan Government Five Year Bond | 1.51547% | $3,691,185,670.00 | 3,800,000,000 | 1.60% | Dec 20 2030 |
| Japan Government Ten Year Bond | 1.40656% | $3,425,907,434.00 | 3,790,000,000 | 1.70% | Sep 20 2035 |
| Japan Government Ten Year Bond | 1.38967% | $3,384,757,041.00 | 3,557,000,000 | 2.40% | Mar 20 2036 |
| Japan Government Ten Year Bond | 1.32505% | $3,227,370,248.00 | 3,466,100,000 | 2.10% | Dec 20 2035 |
| Japan Government Ten Year Bond | 1.24538% | $3,033,321,789.00 | 3,395,000,000 | 1.50% | Jun 20 2035 |
| Japan Government Ten Year Bond | 1.17634% | $2,865,161,664.00 | 2,945,500,000 | 2.70% | Jun 20 2036 |
| Japan Government Five Year Bond | 1.14304% | $2,784,064,990.00 | 2,898,450,000 | 1.00% | Mar 20 2030 |
| Japan Government Ten Year Bond | 1.13049% | $2,753,501,370.00 | 3,181,800,000 | 0.90% | Sep 20 2034 |
| Japan Government Ten Year Bond | 1.10149% | $2,682,865,098.00 | 3,011,600,000 | 1.40% | Mar 20 2035 |
| Japan Government Five Year Bond | 1.08849% | $2,651,195,728.00 | 2,690,000,000 | 2.00% | Mar 20 2031 |
Prices and distribution
Prices
NAV Price (USD)
$95.55
USDChange
+$0.530.56% As at Oct 15 2026
NAV 52-week high
$100.61
As at Oct 16 2026
NAV 52-week low
$94.14
As at Oct 16 2026
NAV 52-week difference
$6.46
Change
+6.42% As at Oct 16 2026
Outstanding shares
6,610,885
As at Sep 30 2026
Historical Prices
-
Inception date
Jan 15 2020
| Date | NAV (USD) |
|---|---|
| Oct 15 2026 | $95.5520 |
| Oct 14 2026 | $95.0239 |
| Oct 13 2026 | $95.0278 |
| Oct 12 2026 | $94.9282 |
| Oct 09 2026 | $94.9192 |
| Oct 08 2026 | $94.4004 |
| Oct 07 2026 | $94.1936 |
| Oct 06 2026 | $94.1448 |
| Oct 05 2026 | $94.2656 |
| Oct 02 2026 | $94.2946 |
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency:USD
Fund codes
- Bloomberg:VAGBIIP
- CUSIP:G940SX180
- ISIN:IE00BJ06F617
- MEX ID:VIAAJE
- SEDOL:BJ06F61