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.
Vanguard Short-Term Corp Bd Idx I VSTBX
NAV / 1-Day Return
27.49
/
0.07
%
Total Assets
38.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.050%
Expense Ratio
0.050%
Fee Level
Low
Longest Manager Tenure
11.40
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
5,000,000
Status
Open
TTM Yield
2.05%
Effective Duration
2.78
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VSTBX outperform in 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 VSTBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of VSTBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Short-term, investment-grade corporate-bond market exposure for a low fee.
