The Vanguard Group of Malvern, Pa. has filed with the Securities and Exchange Commission to offer its Admiral share class, a discounted share class available to some investors, on 13 of its bond funds, the company has announced.

The company's Admiral share class discounts expense ratios by as much as 14 basis points to those investors that meet account balance and tenure requirements, according to the company. Accounts eligible for the shares must have: balances over $50,000 and be 10 years or older; balances over $150,000, three years or older; or balances greater than $250,000.

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