Vanguard Short-Term Investment Grade sports strict guardrails and rock-bottom fees, making it a sensible candidate for short-term bond exposure. Its cheaper share classes retain their Morningstar Analyst Ratings of Bronze, while its more expensive share class receives a downgrade to Neutral.
Will VFSIX 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 VFSIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VFSIX 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 VFSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.