# Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc **Page:** https://fundology.uk/fund/IE00BH65QH62 · ISIN IE00BH65QH62 ## 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 Global Short-Term Bond Index Fund GBP Hedged Inc (ISIN IE00BH65QH62) was priced at £99.07, the fund’s published price. Its ongoing charge is 0.15% a year (about £15 on £10,000). ## Summary Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc 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 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£99.07** (13/11/2026). ## Key facts | Fact | Value | |---|---| | ISIN | IE00BH65QH62 | | Category | Corporate & other bonds | | Type | OEIC | | Provider | Vanguard | | Income | Distributing | | Ongoing charge | 0.15% a year (£15 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 | ## Income and distributions > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 14/11/2026, the latest distribution of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc was £0.862276 per share: it went ex-dividend on 30/09/2026 and was paid on 14/10/2026. In the 12 months to 14/11/2026 Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc declared 4 distributions, together £3.47142 per share. Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc has a distribution yield of 3.50% as at 31/10/2026. Latest distributions of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 30/09/2026 | 14/10/2026 | £0.862276 | | 30/06/2026 | 14/07/2026 | £0.906933 | | 31/03/2026 | 16/04/2026 | £0.850979 | | 31/12/2025 | 15/01/2026 | £0.851232 | | 30/09/2025 | 14/10/2025 | £0.841329 | | 30/06/2025 | 14/07/2025 | £0.818885 | | 31/03/2025 | 14/04/2025 | £0.803112 | | 31/12/2024 | 15/01/2025 | £0.847469 | Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 51 distributions are on record since 31/03/2014. ## Charges compared with similar funds Ongoing charge of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc 0.15% a year. Compared on 14/11/2026, 304 of the 427 other corporate and other bond funds charge more, 27 the same and 96 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** 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 Global Short-Term Bond Index Fund GBP Hedged Inc holds 5,864 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.16% of the fund; the ten largest make up 5.7%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 1.16% | | 2 | United States Treasury Note/Bond 5.00% 30/09/2031 | — | 0.65% | | 3 | United States Treasury Note/Bond 1.25% 30/09/2028 | — | 0.55% | | 4 | United States Treasury Note/Bond 4.00% 31/05/2028 | — | 0.51% | | 5 | United States Treasury Note/Bond 1.375% 31/10/2028 | — | 0.50% | | 6 | United States Treasury Note/Bond 0.875% 15/11/2030 | — | 0.49% | | 7 | United Kingdom Gilt 4.375% 07/03/2028 | — | 0.47% | | 8 | United States Treasury Note/Bond 0.625% 15/08/2030 | — | 0.47% | | 9 | United States Treasury Note/Bond 1.125% 15/02/2031 | — | 0.47% | | 10 | French Republic Government Bond OAT 0.75% 25/02/2028 | — | 0.46% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 30/09/2026. | Country | Weight | |---|---| | United States | 43.4% | | France | 6.4% | | Germany | 6.2% | | Japan | 4.6% | | Canada | 4.3% | | Italy | 3.8% | | United Kingdom | 3.8% | | SNAT | 3.2% | | Other countries | 22.1% | | Not classified | 1.2% | ### By type of asset Added up from the fund’s published holdings, as of 30/09/2026. | Type of asset | Weight | |---|---| | Bonds | 98.0% | | Cash and money market | 1.2% | The 2,678 holdings on record (of 5,864 reported): https://fundology.uk/fund/IE00BH65QH62/holdings ## Questions people ask **What is the ongoing charge of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc?** The ongoing charge of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc is 0.15% a year — about £15 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 Global Short-Term Bond Index Fund GBP Hedged Inc 0.15% a year. Compared on 14/11/2026, 304 of the 427 other corporate and other bond funds charge more, 27 the same and 96 less (share classes counted once). **Is Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc accumulating or distributing?** Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc is distributing: income is paid out to holders as cash, usually a few times a year. **When does Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc pay dividends?** Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc pays its income out quarterly. In the 12 months to 14/11/2026 it went ex-dividend on 31/12/2025, 31/03/2026, 30/06/2026 and 30/09/2026. The latest distribution went ex-dividend on 30/09/2026 and was paid on 14/10/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change. **What is Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc’s dividend yield?** Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc has a distribution yield of 3.50% as at 31/10/2026. In UK fund terms, a distribution yield is the income expected to be paid over the next 12 months as a percentage of the price on that date — an estimate, not a promise. Yields change with the fund’s price and income; a yield describes the fund, not what any investor will receive. **What is the ISIN of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc?** The ISIN of Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc is IE00BH65QH62. An ISIN identifies one exact share class of a fund. **What does Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc hold?** As of 30/09/2026, Vanguard Global Short-Term Bond Index Fund GBP Hedged Inc holds 5,864 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.16% of the fund; the ten largest make up 5.7%. Its ten largest holdings are Cash and cash equivalents (1.16%), United States Treasury Note/Bond 5.00% 30/09/2031 (0.65%), United States Treasury Note/Bond 1.25% 30/09/2028 (0.55%), United States Treasury Note/Bond 4.00% 31/05/2028 (0.51%), United States Treasury Note/Bond 1.375% 31/10/2028 (0.50%), United States Treasury Note/Bond 0.875% 15/11/2030 (0.49%), United Kingdom Gilt 4.375% 07/03/2028 (0.47%), United States Treasury Note/Bond 0.625% 15/08/2030 (0.47%), United States Treasury Note/Bond 1.125% 15/02/2031 (0.47%) and French Republic Government Bond OAT 0.75% 25/02/2028 (0.46%). ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/fund/bond/9173/global-short-term-bond-index-fund-gbp-hedged-dist) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bh65qh62-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/Global_Short-Term_Bond_Index_Fund_9173_GBP_EN_INT_IRISH_UK.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.