Vanguard Variable Annuity - High Yield Bond Portfolio
AUV as of 01/17/2017$32.405127
Change–$0.001029 0.00%
SEC Yield4.49% A,N
Expense ratio as of 04/29/20160.57%
Inception date06/03/1996
Portfolio number0146


Vanguard Variable Annuity High Yield Bond Portfolio seeks to provide a high level of current income.

Learn more about this portfolio's investment strategy and policy.

TypeIntermediate-Term Bond
CategoryHigh Yield Bond


Knowing a fund's investment style can help you understand how it might fit in your portfolio. This information can also help you build a portfolio that's broadly diversified across markets and less susceptible to sharp swings in any one market area.

Bond style
Vanguard uses a 9-box grid called a "style box" to illustrate how our bond fund holdings are distributed by credit quality and average maturity. Credit quality is a measure of a bond issuer's ability to pay interest and repay principal in a timely manner. Quality ranges from Treasury bonds or agency bonds (generally the highest quality issues), investment-grade corporate (medium to high quality), and below investment grade. Average maturity is the length of time until the bonds in the fund are due to be repaid. Maturities are classified as short-, intermediate-, or long-term.

Avg. Weighted
Short Med Long    

Average Annual Returns—Updated Quarterly as of 12/31/2016 (fee-adjusted)

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. See performance data current to the most recent month-end. Expense ratio information can be found on the Overview page.

Important annuity performance information

Display data in bar chart

 1 Year3 Year5 Year10 YearSince Inception
VVA-High Yield Bond11.03%4.29%6.10%5.78% 5.82%
High-Yield Corporate Composite Idx*13.41%4.53% 6.69%6.85%
*Consists of 95% Bloomberg Barclays U.S. High-Yield Ba/B 2% Issuer Capped Index and 5% Bloomberg Barclays U.S. 1–5 Year Treasury Bond Index.