- What does VFITX invest in?
- This fund primarily allocates at least 80% of its assets to securities directly issued by the U.S. government, encompassing Treasury bills, notes, and bonds (including those protected against inflation). Additionally, it retains the option to invest in other debt instruments, such as those from federal agencies that are either backed, guaranteed, or owned by the federal government. A principal risk factor for this portfolio is its sensitivity to changes in interest rates; upward or downward shifts can result in lower bond valuations or a eventual decrease in the fund's income. This offering is ideal for investors seeking consistent interest income who are also prepared to accept moderate variations in both asset value and earnings.
- What is the expense ratio of VFITX?
- Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VFITX's dividend yield?
- VFITX's trailing-twelve-month yield is 3.98%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VFITX?
- Effective duration measures VFITX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VFITX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VFITX?
- VFITX'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 VFITX?
- Yield to maturity (YTM) is the total return you'd earn from VFITX if every bond in the portfolio is held to maturity at the current price. VFITX'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.
