Morningstar

Vanguard Short-Term Government Securities Active Fund Admiral Shares VSGDX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 10.03  /  +0.20 %
  • Total Assets 4.5B
  • Adj. Expense Ratio
    0.100%
  • Expense Ratio 0.100%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 4.08%
  • Effective Duration 2.72 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis VSGDX

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

  • People Pillar

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

Vanguard Announces Manager Addition to Vanguard Short-Term Federal; Ratings Unchanged

null Ken Noguchi

Ken Noguchi

Analyst Note

Vanguard named Alexander Payne as a comanager of Vanguard Short-Term Federal, effective May 11, 2026. The appointment does not alter the strategy's Above Average People and Process Pillar ratings or its overall Morningstar Medalist Rating.

by Ken Noguchi
Published on

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Portfolio Holdings VSGDX

More VSGDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes

3.81 166M
Government

United States Treasury Notes

3.59 157M
Government

Federal National Mortgage Association

2.81 122M
Securitized

United States Treasury Notes

2.39 104M
Government

United States Treasury Notes

2.28 99M
Government

Federal Home Loan Mortgage Corp.

2.26 98M
Securitized

United States Treasury Notes

2.25 98M
Government

Federal Home Loan Mortgage Corp.

1.91 83M
Securitized

EFMT 2026-AE5

1.81 79M
Securitized

United States Treasury Notes

1.75 76M
Government

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