Morningstar

Vanguard Ultra-Short-Term Bond Investor VUBFX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 10.09  /  +0.10 %
  • Total Assets 12.9 Bil
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.200%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 4.95%
  • Effective Duration 0.93 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:20 PM GMT+0

Morningstar’s Analysis VUBFX

Will VUBFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VUBFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VUBFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VUBFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An economical active ultrashort bond choice.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Vanguard Ultra-Short Bond and Vanguard Ultra-Short Bond ETF’s managers bring broad bond market experience and draw on a deep supporting cast, but despite low fees, this fund’s straightforward approach doesn’t differentiate it enough from rivals.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings VUBFX

More VUBFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills

6.05 765.3 Mil
Government

United States Treasury Bills

1.70 214.5 Mil
Government

Mktliq 12/31/2049

1.40 176.5 Mil
Cash and Equivalents

Bank of Nova Scotia

0.95 120.3 Mil
Corporate

Banque Federative du Credit Mutuel

0.95 119.5 Mil
Corporate

Athene Global Funding

0.89 112.4 Mil
Corporate

State Street Corporation

0.79 99.6 Mil
Corporate

Australia & New Zealand Banking Group NY Branch

0.76 96.2 Mil
Corporate

Bank of Montreal

0.75 94.5 Mil
Corporate

American Express Company

0.66 83.3 Mil
Corporate

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