Vanguard Core-Plus Bond Index ETF (BNDP) Stock Price, Quote, News & History | Benzinga

To achieve investment objective, the Fund employs an indexing investment approach designed to track the performance of the Bloomberg U.S. Universal Float Adjusted Index (the Target Index), which measures the performance of U.S. dollar-denominated, taxable bonds that are rated either investment-grade or high-yield as determined by the Index Provider. The Target Index includes U.S. government and agency obligations, corporate bonds, mortgage-backed securities, asset-backed securities, and emerging market bonds, all denominated in the U.S. dollar and with maturities of at least one year. Under normal circumstances, the Fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the bonds that make up the Target Index.