| Vanguard Intermediate Term Bond (the Fund) is an open-end management investment company. The Fund seeks to track the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund is designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/ Credit Bond Index. It invests by sampling the index, meaning that it holds a range of securities that approximate the full index in terms of key risk factors and other characteristics. The fund invests at least 80% of assets in bonds held in the index. As of Dec 31 2013, the Fund's investments portfolio was valued at $14,366,065,000. The BIV YTD return is shown above.
The YTD Return on the BIV YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether BIV YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BIV YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.