Vanguard Short-Term Bond ETF

Frequently Asked Questions About BSV

What does BSV invest in?

The Vanguard Short-Term Bond ETF (BSV) aims to mirror the investment performance of the Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index. This particular benchmark is a market-capitalization-weighted fixed-income gauge that features high-quality (investment-grade) debt securities with a dollar-weighted average remaining maturity ranging from one to five years. To achieve its objective, the fund primarily allocates its capital to U.S. government bonds, top-tier corporate debt, and highly-rated international bonds denominated in U.S. dollars. All securities held within the portfolio must possess an investment-grade credit rating. The ETF employs a passive management strategy, utilizing an index sampling methodology to efficiently replicate the benchmark's characteristics.

What is the expense ratio of BSV?

Vanguard Short-Term Bond ETF (BSV) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSV's dividend yield?

BSV's trailing-twelve-month yield is 4.10%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSV?

Effective duration measures BSV's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BSV's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BSV?

BSV's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BSV?

Yield to maturity (YTM) is the total return you'd earn from BSV if every bond in the portfolio is held to maturity at the current price. BSV's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.