Vanguard Intermediate-Term Bond ETF

The Vanguard Intermediate-Term Bond ETF offers exposure to U.S. government high-quality corporate and investment-grade international dollar-denominated bonds. The Fund employs a passively managed investing approach designed to track the performance of the Bloomberg Barclays Capital U.S. 5-10 Year Corporate Bond Index, a benchmark with an intermediate-term dollar-weighted average maturity. BIV’s index includes all medium and larger issues of the U.S. government, investment-grade corporate and investment-grade corporate and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly traded.