Expense Ratio History

VGCAX expense ratio history

Vanguard Global Credit Bond Fund, Admiral Shares

Fund company
Vanguard
Type
Mutual fund

0.25%

In basis points
25 basis points
Yearly cost per $10,000
$25
Prospectus dated
27 February 2026, filed with the SEC; rounded to 0.01%

Fee over time

VGCAX expense ratio: read at 0.25% on 27 Feb 2026.0.00%0.10%0.20%0.30%0.40%Nov 2018Feb 2020May 2021Aug 2022Nov 2023Feb 20250.25% on 27 Feb 2026
VGCAX expense ratio: read at 0.25% on 27 Feb 2026.0.00%0.10%0.20%0.30%0.40%Nov 2018May 2021Nov 20230.25% on 27 Feb 2026
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Share classes

The same fund is sold as 2 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
VGCAX (this page) Admiral Shares 0.25% — 27 Feb 2026
VGCIX Investor Shares 0.35% — 27 Feb 2026

Every figure we've recorded

DateFeeWhat happened
27 Feb 2026 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2025 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Feb 2024 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-02-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Feb 2023 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
25 Feb 2022 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-25 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
25 Feb 2021 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-25 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Feb 2020 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
12 Nov 2018 0.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-12 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.25% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$318 in fees over 10 years

After fees, $10,000 grows to $15,896.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$26
3 years$81
5 years$141
10 years$318

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 8 prospectuses for this share class since 2018. Each one is listed above with a link to the filing.

How we read fees

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