Vanguard Short-Term Treasury ETF

Frequently Asked Questions About VGSH

What does VGSH invest in?

The fund employs an indexing investment approach designed to track the performance of the Bloomberg US Treasury 1-3 Year Index. This index includes fixed income securities issued by the U.S. Treasury (not including inflation-protected securities, floating rate securities and certain other security types), all with maturities between 1 and 3 years. At least 80% of the fund's assets will be invested in bonds included in the index.

What is the expense ratio of VGSH?

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

What is VGSH's dividend yield?

VGSH's trailing-twelve-month yield is 3.86%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VGSH?

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

What is the credit quality of VGSH?

VGSH'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 VGSH?

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