- What does VTAPX invest in?
- This investment vehicle aims to mirror the performance of an index comprising U.S. Treasury Inflation-Protected Securities (TIPS) that have a remaining maturity of less than five years. Its objective is to provide returns that closely align with actual inflation over the near term, potentially offering investors reduced volatility compared to funds holding longer-maturity TIPS. Due to its shorter duration, this fund typically carries less sensitivity to real interest rate changes, though it is also likely to generate lower overall returns when contrasted with longer-duration TIPS funds. The portfolio consists of government bonds, specifically U.S. Treasury issues, which are fully backed by the federal government. A key feature of these bonds is that their principal value is adjusted every six months to account for inflation. The income generated by the fund can fluctuate, influenced by shifts in both prevailing interest rates and the rate of inflation. This fund can be a valuable addition to a diversified fixed income portfolio, helping to shield investors from unexpected inflationary pressures.
- What is the expense ratio of VTAPX?
- Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VTAPX's dividend yield?
- VTAPX's trailing-twelve-month yield is 4.13%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VTAPX?
- Effective duration measures VTAPX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VTAPX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VTAPX?
- VTAPX'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 VTAPX?
- Yield to maturity (YTM) is the total return you'd earn from VTAPX if every bond in the portfolio is held to maturity at the current price. VTAPX'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.
