Vanguard Multi-Sector Income Bond ETF (VGMS) is an exchange-traded fund in the Multisector Bond category. It has $234.96M in assets, an expense ratio of 0.30% and a 4.91% dividend yield. The fund employs an active management approach, investing in bonds of various qualities across multiple fixed income sectors. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds.