VALLEY FORGE, Pa., Nov. 12, 2026 /PRNewswire/ — Vanguard today announced the launch of Vanguard Emerging Markets Bond Active ETF (VEMB), an actively managed fixed income ETF designed to provide clients with broad exposure across emerging markets bonds while offering active management. The ETF is managed by Vanguard Fixed Income Group.
“Investors are increasingly seeking active approaches to emerging markets bonds, where the complexity and dispersion across markets can make disciplined security selection and risk management particularly valuable,” said Sara Devereux, CIO, Vanguard Capital Management, Global Head of Vanguard Fixed Income Group. “With VEMB, investors gain access to Vanguard Fixed Income Group’s deep emerging markets expertise through a flexible, low-cost ETF designed to help them capture opportunities across this dynamic segment of the market.”
Vanguard Emerging Markets Bond Active ETF invests across emerging markets hard currency sovereign bonds, quasi-sovereign bonds, corporate bonds, and EM local currency bonds, serving investors seeking both exposure beyond core fixed income sectors and active investing in an ETF format. The ETF has an expense ratio of 0.35%, positioning it among the lowest-cost active products in the emerging markets bond category.
For more than 40 years, Vanguard’s Fixed Income Group has distinguished itself with deep investment capabilities, disciplined security selection processes, and rigorous risk management techniques, resulting in consistent long-term performance. Vanguard Fixed Income Group is one of the world’s largest managers of bond mutual funds and ETFs, overseeing the full spectrum of fixed income asset classes and sectors. The team oversees more than $2.9 trillion in global assets under management and has more than 200 investment professionals across the globe.1
Vanguard has a strong track record as an investment manager—92% of Vanguard active taxable fixed income funds outperformed their Morningstar peer group medians over the past ten years as of September 30, 2026. 2
Daniel Shaykevich and Mauro Favini serve as the portfolio managers responsible for day-to-day management of the fund, each with deep experience in emerging markets bond investing. The pair also manage the $5.7 billion Vanguard Emerging Markets Bond Fund (VEGBX/VEMBX).
1 All figures as of September 30, 2026, unless stated otherwise.
2 For the 10-year period ended September 30, 2026, 12 of 13 Vanguard active taxable bond funds outperformed their peer group median; results will vary for other time periods. Only funds with a minimum 10-year history were included, and when multiple share classes were present only the lowest cost was included in the comparison. (Source: Morningstar). Note that the competitive performance data shown represents past performance, which is not a guarantee of future results, and that all investments are subject to risks. For the most recent performance, visit our website advisors.vanguard.com/investments/all.
About Vanguard
Founded in 1975, Vanguard is one of the world’s leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries. Vanguard operates under a unique, investor-owned structure where Vanguard fund shareholders own the funds, which in turn own Vanguard. As such, Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. For more information, visit vanguard.com.
For more information about Vanguard funds and Vanguard ETFs, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.
Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.
Vanguard Emerging Markets Bond Active ETF is a standalone product and is separate and distinct from the Vanguard Emerging Markets Bond Fund, a mutual fund. These products are independent of one another. Differences in scale, investment strategies, certain investment processes and underlying holdings are expected to produce different investment returns by these products.
All investing is subject to risk, including the possible loss of the money you invest.
Bond funds are subject to interest rate risk, which is the chance bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline.
Investments in bonds issued by non-U.S. companies are subject to risks including country/regional risk and currency risk. Investments in emerging markets are subject to higher degrees of risk and volatility than investments in developed markets.
High-yield bonds generally have medium- and lower-range credit quality ratings and are therefore subject to a higher level of credit risk than bonds with higher credit quality ratings.
©2026 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor.
View original content to download multimedia:https://www.prnewswire.com/news-releases/vanguard-launches-vanguard-emerging-markets-bond-active-etf-302937960.html
SOURCE Vanguard
