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VFSTX Vanguard Short-Term Investment-Grade Inv

  • Fund
  • VFSTX
  • Price as of: Aug 08, 2016
  • $10.78
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

VFSTX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 2.5%
  • 5 Yr Annualized Return 2.3%
  • Net Assets $56.7 B
  • Holdings in Top 10 9.5%

52 WEEK LOW AND HIGH

$10.78
$10.55
$10.80

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.20%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 75.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$3,000

IRA

$3,000

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.91%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Vanguard Short Term Investment Grade Fund
  • Fund Family Name Vanguard
  • Inception Date Oct 29, 1982
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Gregory S. Nassour

Fund Description

The Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) is a low-cost, actively managed fund that aims to provide current income while limiting price volatility. Specifically, VFSTX bets on the shorter end of the investment-grade fixed-income spectrum, which includes holding T-bills and corporates. The vast bulk of its portfolio is rated Baa or higher and VFSTX seeks to maintain a weighted average maturity of one to four years.

Given its mandate, VFSTX can serve as a core option for investors worried about rising interest rates or as a satellite position to a broad fixed-income portfolio. The fund is internally managed by Vanguard.

VFSTX - Performance

Return Ranking - Trailing

Period VFSTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.1% -29.9% 209.8% 41.74% 3
1 Yr 3.4% -15.9% 20.3% 47.79% 3
3 Yr 2.5% * -6.4% 10.4% 55.09% 3
5 Yr 2.3% * -3.4% 9.0% 61.37% 4
10 Yr 3.6% * -1.1% 10.2% 65.14% 4

* Annualized


Return Ranking - Calendar

Period VFSTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.9% -51.0% 6.6% 13.99% 2
2014 -0.4% -0.4% 2.9% 55.56% 5
2013 -1.2% -4.9% -0.8% 22.22% 1
2012 1.8% 0.8% 13.9% 44.44% 4
2011 -1.2% -1.7% 3.8% 44.44% 4

Total Return Ranking - Trailing

Period VFSTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.1% -8.1% 209.8% 42.43% 3
1 Yr 3.4% -19.0% 20.3% 37.49% 2
3 Yr 2.5% * -7.1% 10.4% 49.53% 3
5 Yr 2.3% * -4.3% 9.0% 58.80% 3
10 Yr 3.6% * -1.1% 10.2% 63.89% 4

* Annualized


Total Return Ranking - Calendar

Period VFSTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.9% -51.0% 6.6% 14.01% 2
2014 -0.3% -0.3% 4.5% 55.56% 5
2013 -0.8% -4.6% 0.6% 33.33% 2
2012 2.2% 1.4% 15.7% 55.56% 4
2011 -0.9% -0.9% 5.5% 66.67% 4

NAV & Total Return History

VFSTX - Holdings

Filings data as of: Mar 31, 2016

Concentration Analysis

VFSTX Category Low Category High VFSTX % Rank Quintile
Net Assets 56.7 B 319 K 169 B 0.46% 1
Number of Holdings 2187 1 17404 1.27% 1
Net Assets in Top 10 5.1 B -36 B 21.5 B 0.92% 1
Weighting of Top 10 9.5% 0.0% 1826.2% 28.13% 5

Top 10 Holdings

  1. US Treasury Note 2.34%
  2. US Treasury Note 1.64%
  3. US Treasury Note 1.25% 1.27%
  4. US Treasury Note 0.75% 1.15%
  5. US Treasury Note 1.125% 0.79%
  6. US Treasury Note 1.5% 0.59%
  7. Pemex Proj Fdg Master Tr 5.75% 0.52%
  8. US Treasury Note 1.25% 0.40%
  9. US Treasury Note 1% 0.38%
  10. US Treasury Note 1.25% 0.38%

Asset Allocation

Weighting Category Low Category High VFSTX % Rank Quintile
Bonds
88.80% -175.98% 181.87% 14.95% 3
Cash
10.81% -82.73% 275.92% 11.34% 2
Other
0.29% -15.97% 117.15% 11.85% 3
Convertible Bonds
0.09% 0.00% 18.40% 4.83% 2
Preferred Stocks
0.02% -0.07% 17.65% 7.68% 3
Stocks
0.00% -5.60% 98.06% 5.39% 5

Bond Sector Breakdown

Weighting Category Low Category High VFSTX % Rank Quintile
Corporate
54.27% 0.00% 502.59% 4.07% 1
Securitized
20.38% 0.00% 275.57% 20.70% 4
Government
13.13% -990.83% 129.84% 18.51% 3
Cash & Equivalents
10.63% -63.55% 811.66% 11.80% 2
Municipal
0.52% 0.00% 106.20% 10.63% 3
Derivative
0.00% -895.14% 18.41% 2.14% 4

Bond Geographic Breakdown

Weighting Category Low Category High VFSTX % Rank Quintile
US
68.74% -513.97% 163.91% 19.38% 4
Non US
20.06% -5.42% 399.20% 7.02% 2

VFSTX - Expenses

Operational Fees

VFSTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.20% 0.00% 42.51% 13.69% 1
Management Fee 0.17% 0.00% 2.15% 4.17% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

VFSTX Fees (% of AUM) Category Low Category High VFSTX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

VFSTX Fees (% of AUM) Category Low Category High VFSTX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VFSTX Fees (% of AUM) Category Low Category High VFSTX Rank Quintile
Turnover 75.00% 0.00% 1944.00% 10.89% 3

VFSTX - Distributions

Dividend Yield Analysis

VFSTX Category Low Category High VFSTX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.30% 20.83% 3

Dividend Distribution Analysis

VFSTX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

VFSTX Category Low Category High VFSTX % Rank Quintile
Net Income Ratio 1.91% -1.76% 17.13% 13.84% 3

Capital Gain Distribution Analysis

VFSTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Daily Annually

VFSTX - Managers

Gregory S. Nassour

Manager

Start Date

May 29, 2008

Tenure

8.18

Tenure Rank

3.6%

Nassour, CFA, is a principal of Vanguard. He has been with Vanguard since 1992 and has worked in investment management since 1994, has managed investment portfolios since 2001, Nassour holds the Charted Financial Analyst designation. Education: B.S., West Chester University; M.B.A., Saint Joseph’s University.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6