diff --git a/internal/version/version.go b/internal/version/version.go
index 15e56e4de..f1e0f3d0e 100644
--- a/internal/version/version.go
+++ b/internal/version/version.go
@@ -21,5 +21,5 @@ const (
 	ClientName = "govmomi"
 
 	// ClientVersion is the version of this SDK
-	ClientVersion = "0.31.0"
+	ClientVersion = "0.38.0"
 )