Vanguard Short-Term Bond Index Fund is an excellent low-risk bond fund. It accurately captures its conservative target investment universe and is one of the cheapest funds in its Morningstar Category, earning a Morningstar Analyst Rating of Silver.
Will VBIRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VBIRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VBIRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VBIRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The Price Pillar compares VBIRX’s fees to similar funds, determining whether or not the fund provides a good value proposition.
The Performance Pillar is our evaluation of whether VBIRX’s returns have been the result of chance or a proven, long-term process and compares the fund with its category or benchmark.