# Vanguard U.S. Government Bond Index Fund GBP Hedged Acc

**Page:** https://fundology.uk/fund/IE00BFRTDB69 · ISIN IE00BFRTDB69

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, Vanguard U.S. Government Bond Index Fund GBP Hedged Acc (ISIN IE00BFRTDB69) was priced at £107.71, the fund’s published price. Its ongoing charge is 0.12% a year (about £12 on £10,000).

## Summary

Vanguard U.S. Government Bond Index Fund GBP Hedged Acc is an open-ended fund (OEIC) from Vanguard. It is bought and sold once a day at its net asset value, through a platform or directly from the manager. Its ongoing charge is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£107.71** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| ISIN | IE00BFRTDB69 |
| Category | Government bonds |
| Type | OEIC |
| Provider | Vanguard |
| Income | Accumulating |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/01/2014 |

## Charges compared with similar funds

Ongoing charge of Vanguard U.S. Government Bond Index Fund GBP Hedged Acc 0.12% a year. Compared on 14/11/2026, 159 of the 311 other government bond funds charge more, 20 the same and 132 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** per year (as of 14/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 30/09/2026, Vanguard U.S. Government Bond Index Fund GBP Hedged Acc holds 354 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.69% of the fund; the ten largest make up 9.2%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Cash and cash equivalents | — | 1.69% |
| 2 | United States Treasury Note/Bond 3.50% 31/01/2028 | — | 0.84% |
| 3 | United States Treasury Note/Bond 4.125% 15/02/2036 | — | 0.84% |
| 4 | United States Treasury Note/Bond 4.375% 15/05/2036 | — | 0.84% |
| 5 | United States Treasury Note/Bond 4.625% 15/02/2035 | — | 0.84% |
| 6 | United States Treasury Note/Bond 3.875% 15/08/2034 | — | 0.82% |
| 7 | United States Treasury Note/Bond 4.00% 15/02/2034 | — | 0.82% |
| 8 | United States Treasury Note/Bond 4.25% 15/05/2035 | — | 0.82% |
| 9 | United States Treasury Note/Bond 4.25% 15/08/2035 | — | 0.82% |
| 10 | United States Treasury Note/Bond 4.25% 15/11/2034 | — | 0.82% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By type of asset

Added up from the fund’s published holdings, as of 30/09/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 98.3% |
| Cash and money market | 1.7% |

The 321 holdings on record (of 354 reported): https://fundology.uk/fund/IE00BFRTDB69/holdings

## Questions people ask

**What is the ongoing charge of Vanguard U.S. Government Bond Index Fund GBP Hedged Acc?**

The ongoing charge of Vanguard U.S. Government Bond Index Fund GBP Hedged Acc is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Vanguard U.S. Government Bond Index Fund GBP Hedged Acc 0.12% a year. Compared on 14/11/2026, 159 of the 311 other government bond funds charge more, 20 the same and 132 less (share classes counted once).

**Is Vanguard U.S. Government Bond Index Fund GBP Hedged Acc accumulating or distributing?**

Vanguard U.S. Government Bond Index Fund GBP Hedged Acc is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of Vanguard U.S. Government Bond Index Fund GBP Hedged Acc?**

The ISIN of Vanguard U.S. Government Bond Index Fund GBP Hedged Acc is IE00BFRTDB69. An ISIN identifies one exact share class of a fund.

**What does Vanguard U.S. Government Bond Index Fund GBP Hedged Acc hold?**

As of 30/09/2026, Vanguard U.S. Government Bond Index Fund GBP Hedged Acc holds 354 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.69% of the fund; the ten largest make up 9.2%. Its ten largest holdings are Cash and cash equivalents (1.69%), United States Treasury Note/Bond 3.50% 31/01/2028 (0.84%), United States Treasury Note/Bond 4.125% 15/02/2036 (0.84%), United States Treasury Note/Bond 4.375% 15/05/2036 (0.84%), United States Treasury Note/Bond 4.625% 15/02/2035 (0.84%), United States Treasury Note/Bond 3.875% 15/08/2034 (0.82%), United States Treasury Note/Bond 4.00% 15/02/2034 (0.82%), United States Treasury Note/Bond 4.25% 15/05/2035 (0.82%), United States Treasury Note/Bond 4.25% 15/08/2035 (0.82%) and United States Treasury Note/Bond 4.25% 15/11/2034 (0.82%).

## Fund documents

- [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/fund/bond/9161/us-government-bond-index-fund-gbp-hedged-acc)
- [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bfrtdb69-en.pdf)
- [Factsheet](https://fund-docs.vanguard.com/U.S._Government_Bond_Index_Fund_9161_GBP_EN_INT_IRISH_UK.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.