The mechanism of enhanced PVC impact strength of poly(vinyl chloride) modified by an acrylic graft copolymer was studied by the three-point bending test on a U-notched bar. In the mechanism, the void formation from the modifier released the constrained strain. The release suppresses the stress below the fibril strength in the material; consequently, stable deformation can develop over a large area and, thus, the impact strength of PVC modified by the acrylic graft copolymer is improved.