
Vanguard BND's 0.04% fee masks $254,720 in taxes over 20 years for $500K investors.
Investing $500,000 in Vanguard's Total Bond Market ETF (BND) incurs a tiny 0.04% fee but results in about $254,720 in federal taxes over 20 years for investors in the 32% tax bracket if held in a taxable account. The fund yields about 4.14% annually,...





