Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX)
Vanguard Short-Term Inflation-Protected Securities Index 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 $24.91, up 0.04% on the session, giving a market capitalisation of $71.11B. Its beta of 0.21 implies it has historically moved less than the broad market.
This investment vehicle aims to mirror the performance of an index comprising U.S. Treasury Inflation-Protected Securities (TIPS) that have a remaining maturity of less than five years. Its objective is to provide returns that closely align with actual inflation over the near term, potentially offering investors reduced volatility compared to funds holding longer-maturity TIPS. Due to its shorter duration, this fund typically carries less sensitivity to real interest rate changes, though it is also likely to generate lower overall returns when contrasted with longer-duration TIPS funds. The portfolio consists of government bonds, specifically U.S. Treasury issues, which are fully backed by the federal government. A key feature of these bonds is that their principal value is adjusted every six months to account for inflation. The income generated by the fund can fluctuate, influenced by shifts in both prevailing interest rates and the rate of inflation. This fund can be a valuable addition to a diversified fixed income portfolio, helping to shield investors from unexpected inflationary pressures.
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares is most often compared with the following Financial Services names: