VANGUARD MALVERN FUNDS registered 2 new fund series on Form 485APOS, filed 2015-04-02. Featured series: Vanguard Institutional Intermediate-Term Bond Fund.
| Series | Class | Ticker | New |
|---|---|---|---|
| Vanguard Institutional Intermediate-Term Bond Fund | Institutional Plus Shares | VIITX | Yes |
| Vanguard Institutional Short-Term Bond Fund | Institutional Plus Shares | VISTX | Yes |
Vanguard Institutional Intermediate-Term Bond Fund (the Fund) seeks to provide a high level of current income consistent with the maintenance of principal and liquidity.