Vanguard Short-Term Corporate Bond Index is a compelling option for exposure to short-term investment-grade corporate bonds because it is one of the cheapest. Under our enhanced ratings framework, which places a greater focus on fees, the Morningstar Analyst Rating for the fund’s cheaper ETF and Institutional share classes has been upgraded to Gold from Silver. The more expensive Admiral share class remains at Silver.
Will VSTBX 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 VSTBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VSTBX 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 VSTBX’s parent organization’s priorities and whether they’re in line with investors’ interests.