(EDV) Vanguard Extended Duration - Ratings and Ratios

The Vanguard Extended Duration Treasury Index Fund ETF Shares, listed on NYSE ARCA under the ticker EDV, utilizes a passive management approach to replicate the performance of the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. This index is composed of zero-coupon U.S. Treasury securities, also known as Treasury STRIPS, which are backed by the full faith and credit of the U.S. government and have maturities spanning from 20 to 30 years. By investing in these securities, the fund provides exposure to a specific segment of the U.S. Treasury yield curve, allowing investors to manage their interest rate risk and potentially benefit from the liquidity and low credit risk associated with U.S. government securities.

The fund's investment strategy involves sampling the index, which means it will hold a representative selection of the securities included in the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index, rather than attempting to replicate the index by holding every single security. This approach enables the fund to achieve its investment objective while minimizing costs and maintaining liquidity. At least 80% of the fund's assets will be invested in U.S. Treasury securities that are held in the index, ensuring that the fund remains closely aligned with its target index and providing investors with the desired exposure to long-duration U.S. Treasury securities.

As a U.S.-domiciled exchange-traded fund (ETF), the Vanguard Extended Duration Treasury Index Fund ETF Shares offers investors a convenient and efficient way to access the U.S. Treasury market. With its listing on NYSE ARCA, the fund provides liquidity and transparency, allowing investors to easily buy and sell shares throughout the trading day. The fund's ISIN, US9219107094, and its classification as a long government ETF, further underscore its focus on providing investors with exposure to long-duration U.S. Treasury securities, which can be an important component of a diversified investment portfolio.