Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX)
Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $8.63, up 0.12% on the session, giving a market capitalisation of $39.39B. Its beta of 1.06 implies it has historically moved more than the broad market.
This fund aims to provide broad exposure to a range of investment-grade bonds that are considered medium to high quality, with an average time to maturity between five and ten years. To achieve this, it allocates investments across various fixed-income securities such as corporate debt, securitized consumer loans, and U.S. Treasury bonds, all falling within this intermediate maturity period. A significant risk involves interest rate fluctuations; both increases and decreases in rates can negatively impact the fund by potentially reducing bond values or decreasing its future income streams. Due to its specific concentration on a single maturity segment of the bond market, this fund can serve as a supplementary component within an investment portfolio, enhancing a primary, broader bond allocation.
Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares is most often compared with the following Financial Services names: