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VFSUX Vanguard Short-Term Investment-Grade Adm

  • Fund
  • VFSUX
  • Price as of: Oct 18, 2017
  • $10.68
  • - $0.01
  • - 0.09%
  • Category
  • Total Bond Market

VFSUX - Profile

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 1.9%
  • Net Assets $63.2 B
  • Holdings in Top 10 12.3%

52 WEEK LOW AND HIGH

$10.68
$10.60
$10.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.10%

SALES FEES

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

BROKERAGE FEES

  • Turnover 68.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$50,000

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.10%
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 Feb 12, 2001
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Gregory S. Nassour

Fund Description

The Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) is a low-cost, actively managed mutual fund that seeks to provide current income while maintaining limited price volatility. It does this by betting on short-term bonds with a maturity of one to four years that are highly rated. This includes government bonds and corporate bonds, although VFSUX primarily holds corporate bonds. Mangers at the fund apply rigorous credit analysis to pick the fund’s holdings.

Given its low costs, VFSUX makes an ideal core fixed-income holding for those investors worried about volatility or interest rate changes. The fund is internally managed by Vanguard.

VFSUX - Performance

Return Ranking - Trailing

Period VFSUX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.5% -19.6% 23.7% 51.35% 4
1 Yr 1.3% -15.5% 18.1% 46.77% 3
3 Yr 2.1% * -6.1% 10.0% 50.06% 3
5 Yr 1.9% * -2.4% 13.4% 48.70% 3
10 Yr 3.1% * -1.7% 9.4% 63.58% 4

* Annualized


Return Ranking - Calendar

Period VFSUX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 0.7% -10.9% 192.8% 29.81% 3
2015 -0.9% -33.0% 4.2% 11.58% 2
2014 -0.4% -9.3% 14.9% 42.85% 4
2013 -1.2% -24.1% 40.4% 18.86% 2
2012 1.8% -100.0% 18.7% 43.93% 4

Total Return Ranking - Trailing

Period VFSUX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.5% -19.6% 23.7% 51.22% 4
1 Yr 1.3% -15.5% 18.1% 38.45% 2
3 Yr 2.1% * -7.0% 10.0% 43.17% 3
5 Yr 1.9% * -3.2% 13.4% 43.60% 3
10 Yr 3.1% * -1.7% 9.4% 62.63% 4

* Annualized


Total Return Ranking - Calendar

Period VFSUX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 0.7% -9.5% 195.3% 40.96% 3
2015 -0.9% -32.5% 7.4% 29.15% 2
2014 -0.1% -8.3% 16.8% 58.33% 4
2013 -0.8% -12.9% 58.5% 28.35% 2
2012 2.2% -100.0% 35.2% 59.30% 4

NAV & Total Return History

VFSUX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

VFSUX Category Low Category High VFSUX % Rank Quintile
Net Assets 63.2 B 319 K 190 B 0.41% 1
Number of Holdings 2150 1 17366 1.37% 1
Net Assets in Top 10 7.51 B -36 B 31.4 B 0.36% 1
Weighting of Top 10 12.3% 0.0% 1330.9% 28.13% 5

Top 10 Holdings

  1. US Treasury Note 1.91%
  2. US Treasury Note 1.625% 1.63%
  3. US Treasury Note 2.125% 1.56%
  4. US Treasury Note 1.51%
  5. US Treasury Note 1.375% 1.30%
  6. US Treasury Note 0.75% 1.19%
  7. US Treasury Note 1.375% 0.91%
  8. US Treasury Note 1.375% 0.79%
  9. US Treasury Note 1.375% 0.74%
  10. US Treasury Note 2% 0.74%

Asset Allocation

Weighting Category Low Category High VFSUX % Rank Quintile
Bonds
94.33% -175.98% 562.01% 12.21% 3
Cash
4.54% -461.99% 275.92% 16.17% 3
Other
1.07% -24.51% 99.99% 10.94% 2
Convertible Bonds
0.06% 0.00% 13.10% 5.65% 2
Stocks
0.00% -3.75% 97.37% 5.85% 2
Preferred Stocks
0.00% -0.54% 16.33% 7.53% 3

Bond Sector Breakdown

Weighting Category Low Category High VFSUX % Rank Quintile
Corporate
52.69% 0.00% 221.70% 7.07% 2
Government
22.87% -389.49% 503.27% 13.58% 2
Securitized
16.83% 0.00% 118.59% 22.53% 4
Cash & Equivalents
4.54% -462.00% 275.92% 15.72% 3
Municipal
0.31% 0.00% 97.96% 11.65% 3
Derivative
0.00% -64.42% 83.22% 2.90% 1

Bond Geographic Breakdown

Weighting Category Low Category High VFSUX % Rank Quintile
US
71.94% -482.62% 500.82% 20.50% 4
Non US
22.39% -124.80% 530.33% 7.22% 2

VFSUX - Expenses

Operational Fees

VFSUX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.10% 0.00% 32.76% 13.69% 1
Management Fee 0.09% 0.00% 2.15% 4.32% 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

VFSUX Fees (% of AUM) Category Low Category High VFSUX 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

VFSUX Fees (% of AUM) Category Low Category High VFSUX 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.

VFSUX Fees (% of AUM) Category Low Category High VFSUX Rank Quintile
Turnover 68.00% 0.00% 1541.00% 12.47% 3

VFSUX - Distributions

Dividend Yield Analysis

VFSUX Category Low Category High VFSUX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.00% 20.04% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

VFSUX Category Low Category High VFSUX % Rank Quintile
Net Income Ratio 2.10% -1.56% 9.28% 13.38% 3

Capital Gain Distribution Analysis

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

VFSUX - Managers

Gregory S. Nassour

Manager

Start Date

May 29, 2008

Tenure

9.35

Tenure Rank

3.3%

Mr. 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. He 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

28.8

Category Average

6.43

Category Mode

2.8