Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX)
Vanguard Short-Term Bond Index Fund Admiral Shares operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $10.16, up 0.10% on the session, giving a market capitalisation of $69.97B. Its beta of 0.38 implies it has historically moved less than the broad market.
This passively managed fund provides an economical and diversified strategy for bond investment, aiming for extensive exposure to U.S. investment-grade debt with durations spanning one to five years. To achieve this, it typically allocates about 30% of its holdings to corporate bonds and the remaining 70% to U.S. government securities, all within that specified maturity range. A significant risk to acknowledge is that modifications in interest rates could, over time, lead to a reduction in the income generated by the fund. This option may be suitable for investors with short-term savings objectives who are prepared to tolerate some fluctuation in market value.
Vanguard Short-Term Bond Index Fund Admiral Shares is most often compared with the following Financial Services names: