Morningstar

Vanguard Ultra-Short-Term Bond Admiral VUSFX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 20.07  /  −0.10 %
  • Total Assets 13.0 Bil
  • Adj. Expense Ratio
    0.100%
  • Expense Ratio 0.100%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 5.07%
  • Effective Duration 0.93 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis VUSFX

Will VUSFX 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 VUSFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VUSFX 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 VUSFX’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 VUSFX

More VUSFX 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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