Morningstar

Vanguard Short-Term Treasury Fund Admiral Shares VFIRX

Medalist Rating as of Sep 30, 2026 See Vanguard Investment Hub

Strategy

The investment seeks current income while maintaining limited price volatility. Under normal circumstances, the fund invests at least 80% of its assets in U.S. Treasury securities, which include bills, bonds, and notes issued by the U.S. Treasury. It is expected to maintain a dollar-weighted average maturity of 1 to 4 years. The fund also may invest in derivatives such as options, futures contracts, or swap agreements.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VFISX	Vanguard Short-Term Treasury Fund Investor Shares	No Load	Open			Oct 28, 1991	$410.28M	0.200%	Below Average	$3,000	−$55.22M
VFIRX	Vanguard Short-Term Treasury Fund Admiral Shares	Institutional	Open			Feb 13, 2001	$5.22B	0.100%	Below Average	$50,000	−$146.70M

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