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VGBBonds & Defensive

Vanguard Australian Government Bond Index ETF

Vanguard · Bloomberg AusBond Government 0+ Yr Index · Since 2016

HOLDINGS: Q2 2026

Annual fee

0.16%

$16/yr per $10,000

Fund size

$2.0B

AUD

Dividend yield

3.4%

Monthly · approx. as at Q2 2026

Holdings

166

companies

Plain-English Summary

VGB provides exposure to bonds issued by Australian federal and state governments. Government bonds are generally lower credit risk than corporate bonds, but their prices still fall when interest rates rise. General information only, not financial advice.

Key characteristics

Based on publicly available fund data. General information only, not a recommendation to buy or sell.

Strengths

High-quality government bond exposure
Low cost
Lower credit risk than corporate bonds

Watch out for

Bond values fall when interest rates rise
Lower yield than corporate or credit bonds
No inflation protection

Top holdings

Holdings as at Q2 2026, may not reflect current composition
1Australia Government Bond
3.1%
2Australia Government Bond
3.1%
3Australia Government Bond
3.1%
4Australia Government Bond
2.9%
5Australia Government Bond
2.9%
6Australia Government Bond
2.8%
7Australia Government Bond
2.8%
8Australia Government Bond
2.8%
9Australia Government Bond
2.7%
10Australia Government Bond
2.6%

Sector breakdown

Treasury
57.5%
Government-Related
42.5%

Historical returns

Total return (AUD) · As at Q2 2026

Past performance is not indicative of future returns.

1 Year
-0.6%
3 Year p.a.
+1.4%
5 Year p.a.
-0.4%

Data as at Q2 2026. Past performance is not indicative of future returns. Figures are approximate total returns in AUD including distributions. Source: fund manager fact sheets.

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General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.