Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX)
Vanguard Short-Term Investment-Grade Fund Admiral Shares operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $10.34, up 0.00% on the session, giving a market capitalisation of $55.56B. Its beta of 0.40 implies it has historically moved less than the broad market.
This fund aims to provide investors with exposure to a portfolio of short-duration, high and moderate credit quality investment-grade debt. It allocates capital across corporate bonds, pooled consumer credit, and U.S. government securities. While typically offering higher potential income than money market options, it inherently experiences share price fluctuations. Additionally, an increase in interest rates can cause the value of the underlying bonds, and consequently the fund's share price, to decline. It may be an appropriate choice for individuals with near-term savings goals who are comfortable with some degree of capital volatility.
Vanguard Short-Term Investment-Grade Fund Admiral Shares is most often compared with the following Financial Services names: