- What does VBIRX invest in?
- This passively managed fund provides an economical and diversified strategy for bond investment, aiming for extensive exposure to U.S. investment-grade debt with durations spanning one to five years. To achieve this, it typically allocates about 30% of its holdings to corporate bonds and the remaining 70% to U.S. government securities, all within that specified maturity range. A significant risk to acknowledge is that modifications in interest rates could, over time, lead to a reduction in the income generated by the fund. This option may be suitable for investors with short-term savings objectives who are prepared to tolerate some fluctuation in market value.
- What is the expense ratio of VBIRX?
- Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VBIRX's dividend yield?
- VBIRX's trailing-twelve-month yield is 4.03%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VBIRX?
- Effective duration measures VBIRX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VBIRX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VBIRX?
- VBIRX'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 VBIRX?
- Yield to maturity (YTM) is the total return you'd earn from VBIRX if every bond in the portfolio is held to maturity at the current price. VBIRX'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.
