Vanguard Short-Term Corporate Bond ETF

Frequently Asked Questions About VCSH

What does VCSH invest in?

This fund is designed to offer a consistent stream of income while exhibiting relatively low price volatility. It predominantly allocates its assets to high-quality corporate debt, specifically those deemed investment-grade. Its holdings consist of corporate bonds with a dollar-weighted average maturity typically falling between one and five years.

What is the expense ratio of VCSH?

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

What is VCSH's dividend yield?

VCSH's trailing-twelve-month yield is 4.54%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VCSH?

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

What is the credit quality of VCSH?

VCSH'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 VCSH?

Yield to maturity (YTM) is the total return you'd earn from VCSH if every bond in the portfolio is held to maturity at the current price. VCSH'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.