VIITX
VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND
VANGUARD MALVERN FUNDS

Average annual returns

Through 2025
1 year
7.22%
3 year
5.24%
5 year
1.16%
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

81 months through March 31, 2026
Volatility (ann.)
3.76%
Sharpe
1.21
Sortino
2.34
Max drawdown
-11.12%
Best month
3.14%
Worst month
-2.91%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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