Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Dist

Vanguard UK Investment Grade Bd Idx Fd is a fund that passively invests in a broad range of pound sterling-denominated, investment-grade bonds with maturities over one year. The portfolio includes corporate bonds, securitized instruments, and securities from government-related supranational entities, as well as non-UK governments issuing in GBP. By mirroring the Bloomberg GBP Non Government Float Adjusted Bond Index, the fund seeks to provide diversified exposure to high-quality fixed-income securities while excluding UK Treasury, agency, and local authority issuers.