- What does VFIDX invest in?
- This fund aims to provide broad exposure to a range of investment-grade bonds that are considered medium to high quality, with an average time to maturity between five and ten years. To achieve this, it allocates investments across various fixed-income securities such as corporate debt, securitized consumer loans, and U.S. Treasury bonds, all falling within this intermediate maturity period. A significant risk involves interest rate fluctuations; both increases and decreases in rates can negatively impact the fund by potentially reducing bond values or decreasing its future income streams. Due to its specific concentration on a single maturity segment of the bond market, this fund can serve as a supplementary component within an investment portfolio, enhancing a primary, broader bond allocation.
- What is the expense ratio of VFIDX?
- Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VFIDX's dividend yield?
- VFIDX's trailing-twelve-month yield is 5.22%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VFIDX?
- Effective duration measures VFIDX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VFIDX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VFIDX?
- VFIDX'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 VFIDX?
- Yield to maturity (YTM) is the total return you'd earn from VFIDX if every bond in the portfolio is held to maturity at the current price. VFIDX'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.
