Vanguard Malvern Funds. Holdings as of Jun 30, 2026, from Form N-PORT.
Share of net assets at the report date, for the whole fund across all share classes.
| Holding | Weight | Value | Shares or units |
|---|---|---|---|
| Japan Government Thirty Year BondBond | 0.11% | $309.39M | 662,550,000 |
| Fannie Mae or Freddie MacABS-MBS | 2.42% | $40.33M | 41,050,000 |
| Republic of South Africa Government BondBond | 0.11% | $31.12M | 36,360,000 |
| Vanguard Cmt Funds-Vanguard Market Liquidity FundCash or money market | 1.76% | $29.28M | 292,869 |
| PMT Loan Trust 2026-INV1ABS-MBS | 1.10% | $18.35M | 18,398,020 |
| Fannie Mae REMICSABS-MBS | 0.96% | $16.05M | 16,056,102 |
| Fannie Mae or Freddie MacABS-MBS | 0.91% | $15.10M | 15,050,000 |
| Fannie Mae REMICSABS-MBS | 0.68% | $11.29M | 11,315,442 |
| NVIDIA CorpBond | 0.66% | $11.00M | 11,020,000 |
| OBX 2026-INV2 TrustABS-MBS | 0.64% | $10.66M | 10,667,027 |
| Kreditanstalt fuer WiederaufbauBond | 0.59% | $9.74M | 9,794,000 |
| Fannie Mae REMICSABS-MBS | 0.58% | $9.65M | 9,598,434 |
| Finland Government International BondBond | 0.53% | $8.79M | 8,822,000 |
| NVIDIA CorpBond | 0.51% | $8.55M | 8,580,000 |
| Fannie Mae or Freddie MacABS-MBS | 0.50% | $8.38M | 8,200,000 |
| Ginnie Mae II PoolABS-MBS | 0.47% | $7.89M | 8,000,000 |
| Province of Quebec CanadaBond | 0.47% | $7.78M | 7,842,000 |
| OBX 2026-INV4 TrustABS-MBS | 0.47% | $7.76M | 7,752,815 |
| Eskom HoldingsBond | 0.44% | $7.38M | 7,465,000 |
| Freddie Mac REMICSABS-MBS | 0.44% | $7.34M | 8,136,653 |
| Fannie Mae PoolABS-MBS | 0.42% | $7.06M | 8,743,383 |
| Canada Government International BondBond | 0.37% | $6.21M | 6,205,000 |
| Dominican Republic International BondBond | 0.37% | $6.20M | 6,171,000 |
| Morocco Government International BondBond | 0.37% | $6.13M | 6,030,000 |
| United States Treasury Note/BondBond | 0.37% | $6.08M | 6,027,000 |
| United States Treasury Note/BondBond | 0.35% | $5.76M | 6,759,000 |
| QatarEnergyBond | 0.33% | $5.47M | 5,500,000 |
| Mexico Government International BondBond | 0.33% | $5.46M | 5,403,000 |
| Foundry JV Holdco LLCBond | 0.32% | $5.35M | 5,139,000 |
| Fannie Mae PoolABS-MBS | 0.32% | $5.35M | 5,250,000 |
| Freddie Mac PoolABS-MBS | 0.32% | $5.30M | 6,542,443 |
| EFMT 2026-AE4ABS-MBS | 0.31% | $5.18M | 5,184,135 |
| Freddie Mac PoolABS-MBS | 0.29% | $4.86M | 6,027,653 |
| United States Treasury Note/BondBond | 0.29% | $4.85M | 4,880,000 |
| Italy Buoni Poliennali Del TesoroBond | 0.33% | $4.81M | 4,798,000 |
| United States Treasury Note/BondBond | 0.28% | $4.65M | 4,674,000 |
| Cassa Depositi e Prestiti SpABond | 0.28% | $4.64M | 4,710,000 |
| Turkiye Government International BondBond | 0.28% | $4.62M | 4,630,000 |
| PMT Loan Trust 2026-J3ABS-MBS | 0.28% | $4.61M | 4,600,000 |
| Petroleos MexicanosBond | 0.27% | $4.50M | 4,205,294 |
| Fannie Mae PoolABS-MBS | 0.26% | $4.33M | 4,138,387 |
| Corp Andina de FomentoBond | 0.25% | $4.23M | 4,298,000 |
| Cassa Depositi e Prestiti SpABond | 0.25% | $4.13M | 4,199,000 |
| Fannie Mae PoolABS-MBS | 0.25% | $4.13M | 4,841,007 |
| EFMT 2026-AE3ABS-MBS | 0.24% | $4.07M | 4,074,816 |
| Mexico Government International BondBond | 0.24% | $4.06M | 4,061,000 |
| Sequoia Mortgage Trust 2026-7ABS-MBS | 0.24% | $4.06M | 4,100,000 |
| Boeing Co/TheBond | 0.24% | $3.98M | 3,930,000 |
| Fannie Mae PoolABS-MBS | 0.24% | $3.91M | 3,862,493 |
| Oman Government International BondBond | 0.23% | $3.91M | 3,895,000 |
Holdings from the fund's latest Form N-PORT; expense ratio (net of fee waivers) from the risk/return summary of its prospectus; fund type from Form N-CEN. Prices are end-of-day closes adjusted for splits; total return also reinvests distributions.