# Vanguard Short-Term Federal Fund Admiral Shares (VSGDX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vsgdx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Government Bond - Strategy: Thematic · Inception: 2001-02-12 The fund aims to generate consistent income for investors while striving to keep fluctuations in its share price at a minimum. Under typical market conditions, at least 80% of its portfolio will be dedicated to short-term debt instruments that are either issued or guaranteed by the U.S. government and its associated agencies. It's crucial to understand, however, that a significant portion of these securities do not carry the explicit "full faith and credit" guarantee of the U.S. government. On average, the dollar-weighted maturity of the fund's holdings is projected to be between one and fo... ## Key Facts | Metric | Value | |---|---| | Price | $10.06 | | Expense Ratio | 0.10% | | Assets Under Management | $4.40B | | NAV | $10.07 | | Holdings Count | 78 | | Distribution Yield (TTM) | 4.06% | | Annual Distribution (TTM) | $0.41 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.01 – $10.39 | | Beta | 0.34 | ## Latest Distribution - Amount: $0.0360 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### What does VSGDX invest in? The fund aims to generate consistent income for investors while striving to keep fluctuations in its share price at a minimum. Under typical market conditions, at least 80% of its portfolio will be dedicated to short-term debt instruments that are either issued or guaranteed by the U.S. government and its associated agencies. It's crucial to understand, however, that a significant portion of these securities do not carry the explicit "full faith and credit" guarantee of the U.S. government. On average, the dollar-weighted maturity of the fund's holdings is projected to be between one and four years. ### What is the expense ratio of VSGDX? Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VSGDX's dividend yield? VSGDX's trailing-twelve-month yield is 4.06%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VSGDX? Effective duration measures VSGDX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VSGDX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VSGDX? VSGDX'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 VSGDX? Yield to maturity (YTM) is the total return you'd earn from VSGDX if every bond in the portfolio is held to maturity at the current price. VSGDX'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. ### Does VSGDX pay a dividend? Yes, Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.06%. Full dividend history is on this page. ### How often does VSGDX pay dividends? Vanguard Short-Term Federal Fund Admiral Shares pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VSGDX's next ex-dividend date? The most recently announced ex-dividend date for VSGDX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will VSGDX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VSGDX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VSGDX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VSGDX cost more than a fund like VOO? VSGDX's strategy (current expense ratio 0.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VSGDX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VSGDX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VSGDX (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vsgdx - Distribution history: https://www.dividenddata.com/funds/vsgdx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vsgdx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vsgdx/expenses - Peer comparison: https://www.dividenddata.com/funds/vsgdx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.