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Shannon Nutter-Wiersbitzky

Shannon Nutter-Wiersbitzky heads Participant Strategy and Development for Vanguard's institutional business. In prior roles, she served as head of Institutional Marketing and as head of Market Research and Voice of Client for all U.S. and international businesses. She joined Vanguard in 2007 and has more than 15 years of experience in both consumer and B2B markets, focused on strategic planning, marketing, product development, business consulting, and market research. Additionally, she originated and led the development of My Classroom Economy® (myclassroomeconomy.org), a free program built by Vanguard volunteers for grades K through 12 that teaches children key life skills through experiential learning. Ms. Nutter-Wiersbitzky earned a B.A. from Macalester College and an M.B.A. from Duke University’s Fuqua School of Business.

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Visit institutional.vanguard.com to obtain a prospectus, which contains investment objectives, risks, charges, expenses, and other information; read and consider it carefully before investing.

Investments in bond funds are subject to interest rate, credit, and inflation risk.

Diversification does not ensure a profit or protect against a loss.

Foreign investing involves additional risks including currency fluctuations and political uncertainty.

Stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries.

All investing is subject to risk, including the possible loss of the money you invest.

Vanguard Marketing Corporation, Distributor.

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