Vanguard 50% Bonds/50% Short-Term Reserves Portfolio

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Unit Price as of close 04/24/2026: $11.93

Investment Objective

Recent Unit Price

Last 90 Days

Recent Performance as of 04/24/2026

Last Month Last Quarter Year to Date
-0.67% 0.42% 0.42%

Avg. Annualized Performance as of 03/31/2026

1 Year 3 Year 5 Year 10 Year
3.39% 3.32% 1.57% N/A

Portfolio Composition

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50.00% Vanguard Short-Term Reserves Account
23.00% Vanguard Total Bond Market II Index Fund
15.00% Vanguard Total International Bond Index Fund
12.00% Vanguard Short-Term Inflation-Protected Securities Index Fund

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Unit Price as of close 04/24/2026: $11.93

Fees and Expenses

Portfolio Expenses Administrative Fees
0.045% 0.25%
Administrative Fee (“Program Administrator Fee”) of no more than 0.25% annually.

Risk Potential

1
2
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5

Less Risk
Less Reward

More Risk
More Reward

Bond Style

Treasury/
Agency
Quality
Investment-Grade
Corporate
Below Investment-
Grade
Short
Medium
Long