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BNDP

GradeANASDAQ Global Market

Vanguard Core-Plus Bond Index ETF

Core US Bond · Vanguard · Inception 2025-12-02 · SEC filings

$71.73−0.49 (−0.68%)

As of Sep 23, 2026, 3:07 PM EDT

History starts Dec 4, 2025.History starts Dec 4, 2025.
Intraday session: down, 43 prints from 72.22 to 71.73. Range 71.55 to 72.08. Use the arrow keys to read each point.$71.60$72.0010 AM12 PM2 PM4 PM
Expense ratio
0.05%
Fund size
$132M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$72.19
52W range
low $71.83high $76.09

The ETF.net BNDP Grade

A

76/ 100

Rank 16 of 118 in US Aggregate Bond⁠

Confidence High

Six-pillar profile for BNDP. Scores out of 100: Cost 90, Risk 54, Mission 100, Tradability 39, Holdings 82, Durability 51. Strongest: Mission (100). Weakest: Tradability (39). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 90
    Category rank12/118 · top 10%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank11/100 · top 11%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank37/117 · top 32%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 39
    Category rank80/118 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 82
    Category rank11/117 · top 9%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 51
    Category rank71/118 · mid-pack

Graded as of Sep 22, 2026

Our read on BNDP

ETF.net Research

AThe Agg with the leftovers added back. BNDP indexes a broad sweep of US dollar taxable bonds spanning investment-grade and high-yield, in a passive Vanguard wrapper priced at 0.05%.

Stated mandate

The fund seeks to track the Bloomberg U.S. Universal Float Adjusted Index, which consists of U.S. dollar-denominated taxable bonds rated as either investment-grade or high-yield.

Why people hold it

  1. 010.05% a year, a fraction of what the typical fund in its bond category charges. In bonds, fee drag is the piece you actually control.
  2. 02The index reaches past the plain Agg: US dollar taxable bonds across both investment-grade and high-yield, so credit corners a core-only tracker skips come along.investor.vanguard.com
  3. 03Rules-based, not manager discretion: it follows the Bloomberg U.S. Universal Float Adjusted Index, so the credit mix is disclosed by the index, not a quarterly judgment call.
  4. 04Cheaper than IUSB, the long-standing universal-index fund, at 0.05% versus 0.06%.

Worth knowing

  1. 01It listed in December 2025 and is still a small fund that trades lightly, so spreads can run wider than in the category's household names.
  2. 02The high-yield slice brings credit risk a pure investment-grade Agg tracker does not carry, and it tends to show up when credit markets wobble.
  3. 03Bare-bones Agg trackers like BND, SPAB and SCHZ charge 0.03%. The wider bond universe here costs a couple of basis points more.

BNDP Holdings

As of Sep 21, 2026, 7:36 PM
Asset class
Bonds
Holdings
—
Top-10 weight
4%
Largest holding
EMB1.0%
The fund’s holdings, weight-ordered — page 1 of 421.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001EMBiShares J.P. Morgan USD Emerging Markets Bond ETF0.98%13,567$1M5
002—MKTLIQ 12/31/20490.83%10,838$1M106
003—United States Treasury Note/Bond 4.00% 02/15/20340.38%5,120$491K15
004—Freddie Mac Pool 2.00% 01/01/20520.34%5,710$450K3
005—Fannie Mae Pool 2.00% 01/01/20510.34%5,685$449K5
006—Freddie Mac Pool 3.00% 01/01/20530.34%5,195$445K1
007—United States Treasury Note/Bond 3.50% 01/31/20280.33%4,325$428K17
008—United States Treasury Note/Bond 4.00% 02/28/20300.32%4,210$415K13
009—Freddie Mac Pool 2.50% 01/01/20520.30%4,792$399K6
010—United States Treasury Note/Bond 4.50% 11/15/20330.30%4,000$397K14
011—United States Treasury Note/Bond 4.25% 08/15/20350.30%4,080$394K13
012—United States Treasury Note/Bond 4.38% 05/15/20340.30%3,940$387K11
013—United States Treasury Note/Bond 0.63% 08/15/20300.29%4,450$384K11
014—United States Treasury Note/Bond 4.25% 11/15/20340.29%3,940$382K15
015—United States Treasury Note/Bond 3.88% 08/15/20330.29%3,970$380K9

Showing 1–15 of 6309 holdings

BNDP Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BNDP$9,910
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. BNDP $9,910. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BNDP. Periods over one year show the average yearly return.
PeriodBNDP
Year to date−0.9%
1 month−0.9%
3 months−1.3%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BNDP
YearReturn barBNDP
2026 YTD−0.9%
2025+0.1%

History from Dec 4, 2025

BNDP in the news

ETF.net Research hasn’t filed on BNDP yet — coverage lands here as it’s written.

BNDP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.29 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 9 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.18; Feb 2, 2026 $0.27; Mar 2, 2026 $0.25; Apr 1, 2026 $0.28; May 1, 2026 $0.27; Jun 1, 2026 $0.28; Jul 1, 2026 $0.27; Aug 3, 2026 $0.29; Sep 1, 2026 $0.29. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.29
Aug 3, 2026Aug 5, 2026$0.29
Jul 1, 2026Jul 6, 2026$0.27
Jun 1, 2026Jun 3, 2026$0.28
May 1, 2026May 5, 2026$0.27
Apr 1, 2026Apr 6, 2026$0.28
Mar 2, 2026Mar 4, 2026$0.25
Feb 2, 2026Feb 4, 2026$0.27
Dec 23, 2025Dec 26, 2025$0.18

BNDP Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.09
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BNDP Cost

Expense ratio0.05%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

8 of the 112 US Aggregate Bond funds charge less.

BNDP costs $5.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.