Bond ETF

Vanguard Emerging Markets Government Bond ETF (VWOB)

Vanguard Emerging Markets Government Bond ETF trades as VWOB on NASDAQ. This page collects what it has actually paid — every recorded payment, the calendar-year totals, the forward and trailing 12-month yields side by side against the last price, and the dates already declared.

$66.31 $0.32 (+0.48%)
52-week range $65.00 – $68.41
Bond ETF NASDAQFinancial ServicesAsset Management

Price as of Aug 25, 2026 (8 hours ago) · supplied by fmp. Quotes may be delayed. Verify with your broker before acting on anything here.

Forward yield 6.27% Last regular payment annualised, divided by the last price. An estimate of the next twelve months — not money that has been paid.
Trailing 12-month yield 5.83% Cash actually paid per share over the last 365 days ($3.86) divided by the last price. Backward-looking, and not comparable with a bond's yield to maturity or an index yield.
Forward annual payment $4.16 Forward estimate: the last regular payment multiplied by the number of payments a year. It is an estimate of the next twelve months, not cash that has been paid.
Pays Monthly Cadence of the regular payment, accepted only after three consecutive payments were reported at the same frequency.
Next ex-date First day the shares trade without the next payment attached.
Next pay date When the declared payment reaches holders.
Growth streak 4 yr 4 consecutive complete years in which the highest regular payment was above the year before. Our stored payment history for this security begins in 2013. The run ends inside that history, so it is measured rather than a floor.
Years paying 13 Complete calendar years with a payment in our stored history, which begins in 2013. The issuer may have paid for longer than we hold.
Payout ratio Not meaningful for this structure — GAAP earnings do not describe what it pays out.
Income score 65 0-100 research screen, not a recommendation.

The two yields above are different measurements and are not interchangeable. The forward yield annualises the last regular payment; the trailing 12-month yield counts the cash actually paid over the last 365 days. Neither is an interest rate, a bond's yield to maturity or an index effective yield, and none of those may be compared with these as like for like. See how we compute these numbers.

Our stored payment history for VWOB begins in 2013. The run of increases above ends inside that history rather than at its edge, so the figure is measured within what we hold and is not a floor. A streak is counted on the split-adjusted payment, so a share split does not read as a cut.

A yield is just a payment divided by a price, so it moves every day even when the payment does not. The forward number is an estimate of the next twelve months; the trailing number is what was actually paid over the last twelve. Ex-date is the cut-off: own the shares before it and the next payment is yours, buy on or after it and the seller keeps it.

The Fund seeks to track the performance of a benchmark index that measures the investment return of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging market countries. The Fund tracks the performance of the Bloomberg USD Emerging Markets Government RIC Capped Index.

Company description supplied by the issuer and relayed by our market-data provider, not written by Income Investing. See data sources.

VWOB is a bond etf. What it pays is a distribution, not interest, and that distinction matters. A distribution is whatever the fund passes through for the period — dividends and interest received from the holdings, realised capital gains, option premium where the strategy writes options, and sometimes return of capital. Only the year-end tax form breaks the payment into its parts.

Return of capital is your own money coming back. It is not taxed on receipt, but it reduces your cost basis, so the tax arrives later as a larger capital gain. A fund can therefore publish a steady-looking distribution rate while the net asset value drifts down underneath it. The distribution is set by the fund and can be changed at any time; it is never a coupon.

Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.

Payment history

Each row is one payment as recorded by our data provider, newest first. The final column compares it with the nearest payment about a year earlier.

The table lists the 24 most recent recorded distributions for VWOB, newest first, with ex-dates running from Sep 03, 2024 to Aug 03, 2026. The latest is $0.3466 per share in USD, ex-date Aug 03, 2026, pay date Aug 05, 2026. Measured against the nearest payment about a year earlier, 12 are higher, 12 lower and 0 unchanged; the remaining 0 have no comparable payment in the record. None is flagged as a special or one-off payment. Payment records supplied by fmp.

How to read this table: one row is one payment, newest at the top, and the amount is what a single share received on that one date. It is not an annual figure — the yearly ones are in the tiles above and in the totals further down. A row marked Special is a one-off the issuer chose to make rather than part of the regular schedule, which is why it is left out of the year-on-year comparison and out of those yearly totals. Whether the amount repeats for several rows or moves every time is a fact about the structure rather than a sign of health: a company usually resets its dividend once a year, while a fund's distribution can change with every payment.

Recorded payments for VWOB. Amounts are per share as declared, in USD.
Ex-dateOwn it before this day and this payment is yours. Pay date Amount per shareWhat one share received on that date, before tax. Cadence tagged by provider Type vs. a year earlier
Aug 03, 2026 Aug 05, 2026 $0.3466 Monthly Regular -10.09%
Jul 01, 2026 Jul 06, 2026 $0.3137 Monthly Regular -1.17%
Jun 01, 2026 Jun 03, 2026 $0.3189 Monthly Regular +1.05%
May 01, 2026 May 05, 2026 $0.3180 Monthly Regular -1.94%
Apr 01, 2026 Apr 06, 2026 $0.3288 Monthly Regular -4.67%
Mar 02, 2026 Mar 04, 2026 $0.3196 Monthly Regular -7.71%
Feb 02, 2026 Feb 04, 2026 $0.3396 Monthly Regular -11.01%
Dec 18, 2025 Dec 22, 2025 $0.3152 Monthly Regular -3.02%
Dec 01, 2025 Dec 03, 2025 $0.3186 Monthly Regular -4.58%
Nov 03, 2025 Nov 05, 2025 $0.3174 Monthly Regular -9.83%
Oct 01, 2025 Oct 03, 2025 $0.3137 Monthly Regular -2.21%
Sep 02, 2025 Sep 04, 2025 $0.3140 Monthly Regular -2.73%
Aug 01, 2025 Aug 05, 2025 $0.3855 Monthly Regular +14.26%
Jul 01, 2025 Jul 03, 2025 $0.3174 Monthly Regular +0.13%
Jun 02, 2025 Jun 04, 2025 $0.3156 Monthly Regular -0.41%
May 01, 2025 May 05, 2025 $0.3243 Monthly Regular +5.70%
Apr 01, 2025 Apr 03, 2025 $0.3449 Monthly Regular +9.32%
Mar 03, 2025 Mar 05, 2025 $0.3463 Monthly Regular +9.48%
Feb 03, 2025 Feb 05, 2025 $0.3816 Monthly Regular +38.46%
Dec 24, 2024 Dec 27, 2024 $0.3250 Untagged Regular +7.01%
Dec 02, 2024 Dec 04, 2024 $0.3339 Monthly Regular +18.70%
Nov 01, 2024 Nov 05, 2024 $0.3520 Monthly Regular +16.79%
Oct 01, 2024 Oct 03, 2024 $0.3208 Monthly Regular +8.16%
Sep 03, 2024 Sep 05, 2024 $0.3228 Monthly Regular +8.18%

The cadence column is the tag our provider attached to that individual payment (fmp), not the security's established schedule. The two can disagree, which is why the cadence shown in the tiles above is only accepted after three consecutive payments were tagged the same way.

A blank comparison means there was no comparable payment within sixty days of the same point a year earlier — a new payer, a changed cadence, or a gap in the record. Special and one-off payments are labelled and are excluded from the comparison.

Distributions by calendar year

Calendar-year totals, bucketed by ex-dividend date: every regular distribution whose ex-dividend date fell in that year, for the last ten complete years on record. These are amounts actually paid, never a forward estimate, and they are not the issuer's own annual distribution figure.

The chart covers 10 complete calendar years for VWOB, 2016 to 2025, per share, in USD. Each bar totals the regular distributions with an ex-dividend date in that calendar year. The year is assigned by ex-dividend date, which is not necessarily the issuer's own distribution year. Our stored payment history for VWOB begins in 2013. The total went from $3.65 in 2016 to $3.99 in 2025 — 9% higher. Within that span 7 years were higher than the year before and 3 lower. The three most recent years shown are 2023 $3.51, 2024 $3.84 and 2025 $3.99. The current year is still in progress and is left out, and special or one-off payments are excluded. This is a record of what was paid, not a projection. Every year shown holds the 12 distributions a monthly cadence implies, so no year on this chart is short or long because a payment shifted across a year end.

Each bar, and each row underneath it, is one calendar year of regular payments added together for a single share. Read left to right and you are reading whether the payment has grown, held or been cut — a record of what was paid, never a forecast of what will be. One thing to watch for: a year here is decided by the date the payment went ex, so when that date slips across a year end one year holds an extra payment and its neighbour is one short while the payment itself never moved. Any year where that has happened is drawn as a dashed bar and marked with an asterisk, and it is the usual reason these totals differ from the annual figure the issuer itself publishes.

2016: $3.6540 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.65 2016 2017: $3.7030 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.70 2017 2018: $3.3736 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.37 2018 2019: $3.7267 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.73 2019 2020: $3.4380 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.44 2020 2021: $3.1340 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.13 2021 2022: $3.2334 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.23 2022 2023: $3.5072 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.51 2023 2024: $3.8400 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.84 2024 2025: $3.9945 per share from 12 payments, matching the 12 a year the recorded cadence implies. 3.99 2025
Bar height is the total per share of the regular distributions whose ex-dividend date fell in that calendar year, in USD. The year is assigned by ex-dividend date, not by the issuer's own distribution year and not by the date the cash arrived. These are a trailing record — never the forward estimate shown in the tiles above.
Complete calendar years only, bucketed by ex-dividend date — the current year is still in progress and is left out.
Year Paid per share that yearEvery regular payment dated in that year, added up, for one share. Payments in the yearA count that differs from the usual one means a payment moved across a year end. Change on the year before
2016 $3.65 12 +0.22%
2017 $3.70 12 +1.34%
2018 $3.37 12 -8.90%
2019 $3.73 12 +10.47%
2020 $3.44 12 -7.75%
2021 $3.13 12 -8.84%
2022 $3.23 12 +3.17%
2023 $3.51 12 +8.47%
2024 $3.84 12 +9.49%
2025 $3.99 12 +4.02%
What can go wrong
A bond fund has no maturity date, so there is no par value to wait for. When yields rise, the share price falls and stays down until the portfolio rolls into higher-coupon bonds. Credit funds add default risk on top of that, high-yield holdings can gap lower in a stress event, and the distribution changes as the manager reinvests maturing bonds at whatever the market pays that month.

Similar securities

The eight closest bond etf entries by trailing 12-month yield, in the same sector. A research screen, not a recommendation.

Open Bonds →

These are not the best-paying securities of this kind, and no ranking is meant by the order. They are the ones whose trailing 12-month yield sits nearest to this one, in the same structure and usually the same sector, so that this security can be seen in company rather than on its own. Every figure here is backward-looking cash that has already been paid. A row that sits well away from the rest is a question to take to that security's own page, not an answer.

Ticker Name Price Trailing 12m yieldCash paid out over the last year, over today's price. Paid over 12 months Pays
HYG iShares iBoxx $ High Yield Corporate Bond ETF $79.92 5.86% $4.69 Monthly
PCY Invesco Emerging Markets Sovereign Debt ETF $21.16 5.94% $1.26 Monthly
EMLC VanEck J.P. Morgan EM Local Currency Bond ETF $25.91 6.13% $1.59 Monthly
STIP iShares 0-5 Year TIPS Bond ETF $100.99 5.35% $5.41 Irregular
FALN iShares Fallen Angels USD Bond ETF $27.11 6.49% $1.76 Monthly
ANGL VanEck Fallen Angel High Yield Bond ETF $29.11 6.49% $1.89 Monthly
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF $95.38 5.11% $4.87 Monthly
JNK State Street SPDR Bloomberg High Yield Bond ETF $96.20 6.59% $6.34 Monthly

Every row in this table is on the same basis — cash actually paid per share over the last 365 days, divided by that security's last price — so the column can be read down. Forward estimates are deliberately not used here, because they exist for some securities and not others and a mixed column would invite a comparison that does not hold. A dash means no payment was recorded in the last 365 days, or no price is on file. Open a security to see both of its yields.

Where these are traded

TreasuryDirect

The Treasury's direct issuance channel for notes, bonds and TIPS, including non-competitive bids at auction without a broker.

Holdings there cannot be sold before maturity without transferring them to a broker first

Visit TreasuryDirect ↗
MSRB EMMA

The Municipal Securities Rulemaking Board's official disclosure site, carrying offering documents, reported trade prices and continuing disclosures for municipal bonds.

Free official source; no account needed

Visit MSRB EMMA ↗
FINRA

The broker-dealer regulator that runs the TRACE trade-reporting system for corporate, agency and municipal bond transactions and publishes market data from it.

Also hosts BrokerCheck for looking up a firm or registered rep

Visit FINRA ↗
Fidelity Investments

Runs a retail bond desk with new-issue and secondary inventory across Treasuries, municipals, corporates, agencies and brokered CDs.

Individual bond pricing is quoted net of a dealer markup rather than as a separate commission

Visit Fidelity Investments ↗

Listed because they offer access to this kind of security, not as an endorsement of it.

Questions about VWOB

Does VWOB pay a distribution, and how often?
Yes. The regular payment cadence recorded for VWOB is monthly. The annual figure works out at $4.16 per share. Forward estimate: the last regular payment multiplied by the number of payments a year. It is an estimate of the next twelve months, not cash that has been paid. The last ex-date in our history is Aug 03, 2026.
What is the yield on VWOB, and is it forward or trailing?
There are two, and they measure different things. The forward yield is 6.27%: the last regular payment annualised to $4.16 a year and divided by the last price of $66.31. That is an estimate of the next twelve months. The trailing 12-month yield is 5.83%: the $3.86 per share actually paid over the last 365 days, divided by the same price. Neither number is a bond's yield to maturity, an index effective yield or an interest rate, and none of those should be compared with these as like for like. Yield also moves inversely with price, so it rises when the market marks the security down — a high number is a question, not an answer.
When is the next VWOB ex-dividend date?
No future ex-date has been declared or collected for VWOB yet. The last one on record was Aug 03, 2026.
Why is there no meaningful payout ratio for VWOB?
A payout ratio compares a dividend to accounting earnings. For a bond etf the payment is not funded out of GAAP net income — REITs and BDCs pay out of taxable income under distribution rules, funds pass through whatever the portfolio produced, and partnerships distribute cash flow. Analysts use structure-specific measures instead, such as funds from operations for REITs or net investment income for BDCs.
Is the VWOB distribution the same as interest?
No. A distribution is whatever the vehicle chooses or is required to pass through in that period. It can contain dividends, interest, realised gains, option premium and return of capital, and only the year-end tax form shows the split. Return of capital is your own money coming back: it is not taxed on receipt, but it lowers your cost basis and therefore raises the gain you are taxed on later.
Has the VWOB payment grown?
Over the complete calendar years in our history, the total went from $3.65 in 2016 to $3.99 in 2025. The payment rose in 4 consecutive complete years to the end of that record, measured within the history we hold, which begins in 2013. The chart on this page shows every year in between, including any cuts. Those totals bucket each payment by its ex-dividend date, so a year can hold more or fewer payments than the cadence implies when a payment shifts across a year end. Past payment history describes what happened, not what will happen.
How to read this page
Nothing on this page is investment advice or a recommendation to buy, hold or sell VWOB. Figures are drawn from third-party market data and our own calculations, may be delayed or wrong, and can change without notice. Confirm every number with the issuer and with your own broker, tax adviser and financial adviser before acting.

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