Morningstar

Vanguard Ultra-Short-Term Bond Fund Investor Shares VUBFX

Medalist Rating as of Aug 10, 2026 See Vanguard Investment Hub

Strategy

The investment seeks to provide current income while maintaining limited price volatility. The advisor employs an active management approach, investing in a diversified portfolio of high-quality and, to a lesser extent, medium-quality bonds. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VUBFX	Vanguard Ultra-Short-Term Bond Fund Investor Shares	No Load	Open			Feb 24, 2015	$262.61M	0.200%	Low	$3,000	−$26.37M
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	Institutional	Open			Feb 24, 2015	$15.89B	0.090%	Low	$50,000	$599.55M

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