Vanguard Total Inflation-Protected Securities ETF — new fund registration

VANGUARD MALVERN FUNDS registered 3 new fund series on Form 485APOS, filed 2025-04-17. Featured series: Vanguard Total Inflation-Protected Securities ETF.

Registration

Registrant / trust: VANGUARD MALVERN FUNDS
CIK: 0000836906
Form: 485APOS
Filed: 2025-04-17
State of incorporation: DE
Accession: 0001683863-25-003569
Reported net assets: $110.2M

Series & classes (3)

Series	Class	Ticker	New
Vanguard Total Inflation-Protected Securities ETF	ETF Shares	VTP	Yes
Vanguard Total Treasury ETF	ETF Shares	VTG	Yes
Vanguard Government Securities Active ETF	ETF Shares	VGVT	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.05%
Management fee: 0.05%
Other expenses: 0.00%

Investment objective

Vanguard Total Inflation-Protected Securities ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of the full market of U.S. Treasury inflation-protected public obligations.

Advisers

The Vanguard Group, Inc. (Advisor)