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 |
|---|---|---|---|
| United States Treasury Note/BondBond | 0.93% | $1.36M | 1,372,000 |
| United States Treasury Note/BondBond | 0.91% | $1.34M | 1,356,000 |
| United States Treasury Note/BondBond | 0.91% | $1.33M | 1,307,000 |
| United States Treasury Note/BondBond | 0.90% | $1.32M | 1,323,000 |
| United States Treasury Note/BondBond | 0.88% | $1.29M | 1,320,000 |
| United States Treasury Note/BondBond | 0.86% | $1.27M | 1,284,000 |
| United States Treasury Note/BondBond | 0.85% | $1.25M | 1,298,000 |
| United States Treasury Note/BondBond | 0.85% | $1.25M | 1,240,000 |
| United States Treasury Note/BondBond | 0.82% | $1.20M | 1,228,000 |
| United States Treasury Note/BondBond | 0.80% | $1.18M | 1,188,000 |
| United States Treasury Note/BondBond | 0.80% | $1.18M | 1,193,000 |
| United States Treasury Note/BondBond | 0.80% | $1.18M | 1,218,000 |
| United States Treasury Note/BondBond | 0.79% | $1.17M | 1,199,000 |
| United States Treasury Note/BondBond | 0.74% | $1.08M | 1,255,000 |
| United States Treasury Note/BondBond | 0.73% | $1.07M | 1,239,000 |
| United States Treasury Note/BondBond | 0.69% | $1.02M | 1,026,000 |
| United States Treasury Note/BondBond | 0.69% | $1.01M | 1,074,000 |
| United States Treasury Note/BondBond | 0.69% | $1.01M | 1,085,000 |
| United States Treasury Note/BondBond | 0.67% | $982.03K | 1,107,000 |
| United States Treasury Note/BondBond | 0.66% | $972.39K | 1,019,000 |
| United States Treasury Note/BondBond | 0.66% | $969.70K | 1,099,000 |
| United States Treasury Note/BondBond | 0.62% | $912.01K | 993,000 |
| United States Treasury Note/BondBond | 0.58% | $857.78K | 983,000 |
| United States Treasury Note/BondBond | 0.58% | $847.04K | 837,000 |
| United States Treasury Note/BondBond | 0.57% | $842.42K | 970,000 |
| United States Treasury Note/BondBond | 0.57% | $832.07K | 842,000 |
| United States Treasury Note/BondBond | 0.57% | $831.95K | 830,000 |
| United States Treasury Note/BondBond | 0.57% | $831.42K | 826,000 |
| United States Treasury Note/BondBond | 0.56% | $827.67K | 829,000 |
| United States Treasury Note/BondBond | 0.56% | $823.12K | 827,000 |
| United States Treasury Note/BondBond | 0.55% | $804.97K | 810,000 |
| United States Treasury Note/BondBond | 0.55% | $804.42K | 821,000 |
| United States Treasury Note/BondBond | 0.53% | $774.07K | 783,000 |
| United States Treasury Note/BondBond | 0.52% | $767.66K | 776,000 |
| United States Treasury Note/BondBond | 0.52% | $761.16K | 879,000 |
| United States Treasury Note/BondBond | 0.52% | $760.32K | 763,000 |
| United States Treasury Note/BondBond | 0.52% | $760.30K | 764,000 |
| United States Treasury Note/BondBond | 0.52% | $757.63K | 781,000 |
| United States Treasury Note/BondBond | 0.52% | $755.78K | 795,000 |
| United States Treasury Note/BondBond | 0.51% | $754.17K | 755,000 |
| United States Treasury Note/BondBond | 0.51% | $750.88K | 753,000 |
| United States Treasury Note/BondBond | 0.51% | $745.78K | 760,000 |
| United States Treasury Note/BondBond | 0.50% | $732.90K | 741,000 |
| United States Treasury Note/BondBond | 0.50% | $729.70K | 767,000 |
| United States Treasury Note/BondBond | 0.48% | $705.59K | 743,000 |
| United States Treasury Note/BondBond | 0.48% | $703.95K | 705,000 |
| United States Treasury Note/BondBond | 0.48% | $703.34K | 697,000 |
| United States Treasury Note/BondBond | 0.48% | $700.89K | 711,000 |
| United States Treasury Note/BondBond | 0.48% | $700.64K | 699,000 |
| United States Treasury Note/BondBond | 0.47% | $692.43K | 694,000 |
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.