Last edited Sat Apr 12, 2025, 05:46 PM - Edit history (2)
and volatile. A good graph of that volatility, e.g. Vanguard IntermediateTerm Treasury Admiral VFIUX
https://www.morningstar.com/funds/xnas/vfiux/performance
(Updated below for 4/11/25 ending value. Later: updated the time frame to a more accurate 10.2738 years)
plus a table of total annual returns by year. Negative numbers are in parenthesis ( )
2015 1.61%
2016 1.29%
2017 1.67%
2018 1.10%
2019 6.39%
2020 8.31%
2021 (2.19%)
2022 (10.34%)
2023 4.18%
2024 1.48%
YTD 2.10%
which shows some of the volatility and the piss-poor returns.
Since the beginning of 2015, its total return is cumulatively only 15.39%
(A $10,000 investment grew only to $11,539 in those 10.2738 years)
which comes to an average annualized total return of only (1.1539^(1/10.2738) -1)*100% = 1.403%/yr
And as far as purchasing power, it is way underwater:
CPI: https://data.bls.gov/timeseries/CUSR0000SA0
1/2015: 234.747
3/2025: 319.615
So, consumer costs rose 36.15% during that period.
The purchasing power of the $10,000 bond portfolio is now only $8,475 (=234.747/319.615 * $11,539), a 15.2% decrease.
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