Morningstar

Vanguard Short-Term Investment-Grade Fund Admiral Shares VFSUX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 10.36  /  +0.10 %
  • Total Assets 55.5B
  • Adj. Expense Ratio
    0.090%
  • Expense Ratio 0.090%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 4.73%
  • Effective Duration 2.77 years

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 12:11 AM GMT+0

Morningstar’s Analysis VFSUX

Will VFSUX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VFSUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VFSUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VFSUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Vanguard Short-Term Investment-Grade Management Change; Ratings Unchanged.

null Ken Noguchi

Ken Noguchi

Analyst Note

Veteran portfolio manager Daniel Shaykevich transitioned off Vanguard Short-Term Investment-Grade on June 30, 2026, to focus on other active Vanguard fixed-income strategies, including emerging-market, core, and core-plus strategies. Shaykevich joined Vanguard in 2013 from BlackRock, bringing more than two decades of industry experience, and now he leads the firm’s emerging-market sector team.

by Ken Noguchi
Published on

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Portfolio Holdings VFSUX

More VFSUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mktliq 12/31/2049

0.77 422M
Cash and Equivalents

United States Treasury Notes

0.74 406M
Government

Abbott Laboratories

0.68 373M
Corporate

AbbVie Inc.

0.57 311M
Corporate

Boeing Co.

0.56 310M
Corporate

United States Treasury Notes

0.53 292M
Government

United States Treasury Notes

0.52 283M
Government

United States Treasury Notes

0.50 276M
Government

United States Treasury Notes

0.46 253M
Government

United States Treasury Notes

0.45 248M
Government

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