Morningstar

Vanguard Short-Term Treasury Index Fund Institutional Shares VSBIX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 24.33  /  +0.12 %
  • Total Assets 34.7B
  • Adj. Expense Ratio
    0.030%
  • Expense Ratio 0.040%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 5M
  • Status Open
  • TTM Yield 3.50%
  • Effective Duration 1.88 years

USD | NAV as of Aug 08, 2026 | 1-Day Return as of Aug 08, 2026, 12:11 AM GMT+0

Morningstar’s Analysis VSBIX

Will VSBIX 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 VSBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VSBIX 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 VSBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An excellent short-term Treasury fund.

Analyst Zachary Evens

Zachary Evens

Analyst

Summary

Vanguard Short-Term Treasury provides a market-value-weighted portfolio of short-term Treasury bonds. Its efficient approach and razor-thin expense ratio make it a compelling option.

by Zachary Evens
Rated on Published on

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Portfolio Holdings VSBIX

More VSBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes

2.24 755M
Government

United States Treasury Notes

1.40 472M
Government

United States Treasury Notes

1.37 462M
Government

United States Treasury Notes

1.35 456M
Government

United States Treasury Notes

1.31 441M
Government

United States Treasury Notes

1.31 440M
Government

United States Treasury Notes

1.30 437M
Government

United States Treasury Notes

1.26 424M
Government

United States Treasury Notes

1.26 424M
Government

United States Treasury Notes

1.25 422M
Government

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