Vanguard Malvern Funds - Vanguard Government Securities Active ETF

Vanguard Malvern Funds - Vanguard Government Securities Active ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. It invests in fixed income markets of the United States. The fund invests in investment grade bonds guaranteed or sponsored by the U.S. government and its agencies. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. Vanguard Malvern Funds - Vanguard Government Securities Active ETF was formed on July 7, 2025 and is domiciled in the United States.