Vanguard Short-Term Investment-Grade Fund Admiral Shares

Frequently Asked Questions About VFSUX

What does VFSUX invest in?

This fund aims to provide investors with exposure to a portfolio of short-duration, high and moderate credit quality investment-grade debt. It allocates capital across corporate bonds, pooled consumer credit, and U.S. government securities. While typically offering higher potential income than money market options, it inherently experiences share price fluctuations. Additionally, an increase in interest rates can cause the value of the underlying bonds, and consequently the fund's share price, to decline. It may be an appropriate choice for individuals with near-term savings goals who are comfortable with some degree of capital volatility.

What is the expense ratio of VFSUX?

Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.

What is VFSUX's dividend yield?

VFSUX's trailing-twelve-month yield is 4.83%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VFSUX?

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

What is the credit quality of VFSUX?

VFSUX'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 VFSUX?

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