# Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP (V3GP) **Page:** https://fundology.uk/fund/v3gp · ISIN IE00BNDS1V99 ## 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, V3GP (Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP, ISIN IE00BNDS1V99) closed at £4.17 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its price changed by −17.6% (income paid out is not included), or −35.7% after UK CPIH inflation. ## Summary Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from Vanguard, launched in 2021. It tracks the Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index - GBP - Benchmark TR Gross Hedged. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. 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: **£4.17** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | V3GP | | ISIN | IE00BNDS1V99 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index - GBP - Benchmark TR Gross Hedged | | Income | Distributing | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £40.3m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 20/05/2021 | ## 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 V3GP was £0.015236 per share: it went ex-dividend on 15/10/2026 and was paid on 28/10/2026. In the 12 months to 14/11/2026 V3GP declared 12 distributions, together £0.185499 per share. V3GP has a distribution yield of 4.44% as at 31/10/2026. Latest distributions of V3GP per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 15/10/2026 | 28/10/2026 | £0.015236 | | 17/09/2026 | 30/09/2026 | £0.014117 | | 20/08/2026 | 02/09/2026 | £0.017201 | | 16/07/2026 | 29/07/2026 | £0.014682 | | 18/06/2026 | 01/07/2026 | £0.014371 | | 21/05/2026 | 03/06/2026 | £0.016285 | | 16/04/2026 | 29/04/2026 | £0.014342 | | 19/03/2026 | 01/04/2026 | £0.016115 | Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 65 distributions are on record since 17/06/2021. ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -0.15% | -3.69% | income reinvested | | 3 years | +1.33% | -8.45% | price only | | 5 years | -17.62% | -35.70% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2022 −16.6%, 2023 +3.2%, 2024 −1.2%, 2025 +1.7%; 2026 to 13/11/2026 −4.2%. Returns of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.7%; to 30/09/2025: −0.2%; to 30/09/2024: +7.3%; to 30/09/2023: −0.8%; to 30/09/2022: −18.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -16.6% | -23.6% | Price | | 2023 | +3.2% | -0.9% | Price | | 2024 | -1.2% | -4.6% | Price | | 2025 | +1.7% | -1.8% | Price | | 2026 to 13/11/2026 | -4.2% | -7.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.61% | -5.53% | | 3 years | 4.36% | -5.72% | | 5 years | 5.54% | -20.75% | ## Largest fall Volatility of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 3.6% over 1 year, 4.4% over 3 years, 5.5% over 5 years. Largest fall in the price of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP since November 2021, in pounds: −20.7% from 03/12/2021 to 20/10/2023. The lowest 12-month return of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since May 2021 was −20.1% (12 months to 21/10/2022); the highest was +8.6% (12 months to 18/10/2024). On 13/11/2026 the price of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP was 17.7% below its highest weekly close since November 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP 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). ## Funds tracking the same index 2 funds track Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index - GBP - Benchmark TR Gross Hedged, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.15% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard ESG Global Corporate Bond UCITS ETF Accum Hedged GBP | 0.15% | +1.7% | +28.8% | +12.0% | | Vanguard ESG Global Corporate Bond UCITS ETF Hedged GBP (this fund) | 0.15% | -0.2% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## 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 31/10/2026, V3GP holds 5,271 positions, according to its published holdings. The largest is Cash and cash equivalents at 0.64% of the fund; the ten largest make up 1.8%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 0.64% | | 2 | Bank of America Corp 5.015% 22/07/2033 | — | 0.16% | | 3 | Eaton Corp 4.50% 06/03/2033 | — | 0.14% | | 4 | Truist Financial Corp 7.161% 30/10/2029 | — | 0.13% | | 5 | Wells Fargo & Co 5.15% 23/04/2031 | — | 0.13% | | 6 | Bank of America Corp 3.419% 20/12/2028 | — | 0.12% | | 7 | Wells Fargo & Co 4.15% 24/01/2029 | — | 0.12% | | 8 | DSV Finance BV 3.125% 06/11/2028 | — | 0.11% | | 9 | General Motors Financial Co Inc 4.20% 27/10/2028 | — | 0.11% | | 10 | Goldman Sachs Group Inc/The 5.218% 23/04/2031 | — | 0.11% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 31/10/2026. | Sector | Weight | |---|---| | Financials | 37.9% | | Communication Services | 8.8% | | Health Care | 8.2% | | Information Technology | 6.6% | | Consumer Discretionary | 5.2% | | Industrials | 2.3% | | Consumer Staples | 2.1% | | Real Estate | 2.1% | | Other sectors | 1.3% | | Not classified | 25.0% | ### By country Added up from the fund’s published holdings, as of 31/10/2026. | Country | Weight | |---|---| | United States | 55.8% | | United Kingdom | 7.3% | | France | 6.5% | | Netherlands | 5.2% | | Canada | 4.2% | | Germany | 3.2% | | Japan | 2.7% | | Spain | 2.5% | | Other countries | 11.3% | | Not classified | 0.6% | ### By type of asset Added up from the fund’s published holdings, as of 31/10/2026. | Type of asset | Weight | |---|---| | Bonds | 98.8% | | Cash and money market | 0.6% | The 4,959 holdings on record (of 5,271 reported): https://fundology.uk/fund/v3gp/holdings ## Questions people ask **What is the ongoing charge of V3GP?** The ongoing charge of V3GP 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 ESG Global Corporate Bond UCITS ETF Hedged GBP 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). **What does V3GP track?** V3GP tracks the Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index - GBP - Benchmark TR Gross Hedged. **Is V3GP accumulating or distributing?** V3GP is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly. **When does V3GP pay dividends?** V3GP pays its income out monthly. In the 12 months to 14/11/2026 it went ex-dividend on 20/11/2025, 18/12/2025, 15/01/2026, 19/02/2026, 19/03/2026, 16/04/2026, 21/05/2026, 18/06/2026, 16/07/2026, 20/08/2026, 17/09/2026 and 15/10/2026. The latest distribution went ex-dividend on 15/10/2026 and was paid on 28/10/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change. **What is V3GP’s dividend yield?** V3GP has a distribution yield of 4.44% 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 V3GP?** The ISIN of V3GP is IE00BNDS1V99. An ISIN identifies one exact share class of a fund; V3GP is its ticker on the London Stock Exchange. **What does V3GP hold?** As of 31/10/2026, V3GP holds 5,271 positions, according to its published holdings. The largest is Cash and cash equivalents at 0.64% of the fund; the ten largest make up 1.8%. Its ten largest holdings are Cash and cash equivalents (0.64%), Bank of America Corp 5.015% 22/07/2033 (0.16%), Eaton Corp 4.50% 06/03/2033 (0.14%), Truist Financial Corp 7.161% 30/10/2029 (0.13%), Wells Fargo & Co 5.15% 23/04/2031 (0.13%), Bank of America Corp 3.419% 20/12/2028 (0.12%), Wells Fargo & Co 4.15% 24/01/2029 (0.12%), DSV Finance BV 3.125% 06/11/2028 (0.11%), General Motors Financial Co Inc 4.20% 27/10/2028 (0.11%) and Goldman Sachs Group Inc/The 5.218% 23/04/2031 (0.11%). **What were V3GP’s returns in each of the last five years?** Calendar-year returns of V3GP in pounds (price only, income paid out not included): 2022 −16.6%, 2023 +3.2%, 2024 −1.2%, 2025 +1.7%; 2026 to 13/11/2026 −4.2%. Past performance is not a guide to future returns. **How has V3GP done after inflation?** Over the five years to 13/11/2026 V3GP’s price changed by −17.6% (income paid out is not included), or −35.7% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/bond/9477/esg-global-corporate-bond-ucits-etf-gbp-hedged-distributing) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bnds1v99-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/ESG_Global_Corporate_Bond_UCITS_ETF_GBP_Hedged_Distributing_9477_EU_INT_UK_EN.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.