BND

The Vanguard Total Bond Market ETF (BND) provides broad exposure to the U.S. investment‑grade, taxable fixed‑income market. It holds Treasury, agency, corporate, and securitized debt such as mortgage‑backed and asset‑backed securities, all denominated in U.S. dollars and with maturities of at least one year. The fund follows a passive, index‑tracking strategy that seeks to match the Bloomberg U.S. Aggregate Float Adjusted Index through representative sampling. Because it offers diversified, intermediate‑duration bond exposure, it is often used as a core holding for conservative investors, retirees, or anyone looking to add stable income and diversification to a balanced portfolio.