- What does VSBSX invest in?
- This fund is primarily designed to replicate the performance of the Bloomberg US Treasury 1–3 Year Bond Index using an indexing strategy. The underlying index consists of debt instruments issued by the U.S. Treasury, specifically those with remaining maturities from one to three years, and expressly excludes inflation-protected securities. Like other fixed-income investments, a key consideration is that an increase in interest rates typically causes the market value of the bonds within the portfolio to decline. However, this particular fund exhibits less sensitivity to such price shifts than those holding bonds with longer average durations. Furthermore, shifts in interest rates could eventually lead to a reduction in the income stream generated by the fund. A notable advantage is the minimal risk of default, as the bonds held are fully backed by the creditworthiness and guarantee of the United States government. This fund may be an appropriate choice for investors with near-term savings objectives who are comfortable with some level of price fluctuation.
- What is the expense ratio of VSBSX?
- Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VSBSX's dividend yield?
- VSBSX's trailing-twelve-month yield is 4.16%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VSBSX?
- Effective duration measures VSBSX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VSBSX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VSBSX?
- VSBSX'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 VSBSX?
- Yield to maturity (YTM) is the total return you'd earn from VSBSX if every bond in the portfolio is held to maturity at the current price. VSBSX'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.
