VGMS – Vanguard Multi-Sector Income Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide total return while generating a moderate to high level of current income. The fund employs an active management approach, investing in bonds of various qualities across multiple fixed income sectors. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VGMS	Vanguard Multi-Sector Income Bond ETF	ETF	Open	—		Jun 9, 2025	$301.60M	0.300%	—	—	$188.08M

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