# Vanguard Global Credit Bond Fund

**Page:** https://fundology.uk/fund/IE00BYV1RG46 · ISIN IE00BYV1RG46

## 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 Credit Bond Fund (ISIN IE00BYV1RG46) was priced at £124.91, the fund’s published price. Its ongoing charge is 0.35% a year (about £35 on £10,000).

## Summary

Vanguard Global Credit Bond Fund 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 0.35% a year — about £35 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: **£124.91** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| ISIN | IE00BYV1RG46 |
| Category | Corporate & other bonds |
| Type | OEIC |
| Provider | Vanguard |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 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 14/09/2017 |

## Charges compared with similar funds

Ongoing charge of Vanguard Global Credit Bond Fund 0.35% a year. Compared on 14/11/2026, 116 of the 427 other corporate and other bond funds charge more, 18 the same and 293 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** 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 Credit Bond Fund holds 1,995 positions, according to its published holdings. The largest is Cash and cash equivalents at 2.02% of the fund; the ten largest make up 11.1%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Cash and cash equivalents | — | 2.02% |
| 2 | European Union 1.00% 06/07/2032 | — | 1.58% |
| 3 | SW Finance I PLC 7.75% 31/10/2031 | — | 1.12% |
| 4 | AMCO - Asset Management Co SpA 2.75% 15/03/2029 | — | 1.05% |
| 5 | United States Treasury Inflation Indexed Bonds 1.25% 15/04/2031 | — | 1.04% |
| 6 | European Union 2.50% 04/12/2031 | — | 1.03% |
| 7 | Kommunalkredit Austria AG 5.25% 28/03/2029 | — | 0.99% |
| 8 | Artea Bankas AB 4.597% 25/06/2030 | — | 0.87% |
| 9 | Czechoslovak Group AS 5.25% 10/01/2031 | — | 0.73% |
| 10 | Bertelsmann SE & Co KGaA 4.50% 06/10/2031 | — | 0.69% |

## 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 | 40.7% |
| United Kingdom | 6.4% |
| Australia | 5.5% |
| SNAT | 5.1% |
| Germany | 4.8% |
| Italy | 3.9% |
| France | 2.9% |
| Austria | 2.4% |
| Other countries | 23.6% |
| Not classified | 2.0% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Bonds | 95.3% |
| Cash and money market | 2.0% |

The 1,193 holdings on record (of 1,995 reported): https://fundology.uk/fund/IE00BYV1RG46/holdings

## Questions people ask

**What is the ongoing charge of Vanguard Global Credit Bond Fund?**

The ongoing charge of Vanguard Global Credit Bond Fund is 0.35% a year — about £35 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 Credit Bond Fund 0.35% a year. Compared on 14/11/2026, 116 of the 427 other corporate and other bond funds charge more, 18 the same and 293 less (share classes counted once).

**Is Vanguard Global Credit Bond Fund accumulating or distributing?**

Vanguard Global Credit Bond Fund 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 Global Credit Bond Fund?**

The ISIN of Vanguard Global Credit Bond Fund is IE00BYV1RG46. An ISIN identifies one exact share class of a fund.

**What does Vanguard Global Credit Bond Fund hold?**

As of 30/09/2026, Vanguard Global Credit Bond Fund holds 1,995 positions, according to its published holdings. The largest is Cash and cash equivalents at 2.02% of the fund; the ten largest make up 11.1%. Its ten largest holdings are Cash and cash equivalents (2.02%), European Union 1.00% 06/07/2032 (1.58%), SW Finance I PLC 7.75% 31/10/2031 (1.12%), AMCO - Asset Management Co SpA 2.75% 15/03/2029 (1.05%), United States Treasury Inflation Indexed Bonds 1.25% 15/04/2031 (1.04%), European Union 2.50% 04/12/2031 (1.03%), Kommunalkredit Austria AG 5.25% 28/03/2029 (0.99%), Artea Bankas AB 4.597% 25/06/2030 (0.87%), Czechoslovak Group AS 5.25% 10/01/2031 (0.73%) and Bertelsmann SE & Co KGaA 4.50% 06/10/2031 (0.69%).

## Fund documents

- [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/fund/bond/9873/global-credit-bond-fund-investor-gbp-hedged-accumulation-shares)
- [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00byv1rg46-en.pdf)
- [Factsheet](https://fund-docs.vanguard.com/Global_Credit_Bond_Fund_9873_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.