https://pressroom.vanguard.com/news/Pre ... 20617.html
VALLEY FORGE, PA (December 6, 2017)—Vanguard today announced that Vanguard Emerging Markets Bond Fund is available for investment. The new offering expands Vanguard’s U.S.-domiciled active fixed income fund roster to 25 funds and complements the firm’s existing emerging markets bond index offering.
A low-cost active approach to emerging markets bonds
The new fund is designed to offer financial advisors and institutions the potential for additional diversification, along with potentially higher returns that can accompany the considerable volatility associated with emerging markets debt.
The fund’s investment advisor, Vanguard Fixed Income Group, seeks to outperform the JP Morgan EMBI Global Diversified Index by investing in a broadly diversified portfolio of debt issued by emerging market governments and government-owned enterprises, with a majority of its assets either denominated in, or hedged back to, the U.S. dollar.