Vanguard Institutional Short-Term Bond Fund Institutional Plus Shares (VISTX)
| Fund Assets | 6.78B |
| Expense Ratio | 0.02% |
| Min. Investment | $10,000,000 |
| Turnover | 126.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 4.47% |
| Dividend Growth | -4.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 1, 2026 |
| Previous Close | 13.19 |
| YTD Return | 0.59% |
| 1-Year Return | 4.38% |
| 5-Year Return | 12.99% |
| 52-Week Low | 13.19 |
| 52-Week High | 13.38 |
| Beta (5Y) | 0.05 |
| Holdings | 771 |
| Inception Date | Jun 19, 2015 |
About VISTX
Vanguard Institutional Short-Term Bond Fund Institutional Plus Shares is an open-end mutual fund focused on high-quality, U.S. dollar–denominated fixed income with a short interest-rate profile. The fund primarily invests in investment-grade government, agency, and corporate bonds and maintains a dollar-weighted average maturity of roughly one to four years, aiming to provide current income with low to moderate interest-rate risk. It follows a disciplined, diversified approach and, under normal circumstances, allocates at least 80% of assets to fixed income securities. Positioned for large institutional allocations, this share class features an ultra-low expense ratio and a high minimum investment, reflecting its institutional design. The fund distributes income monthly and typically exhibits low equity market correlation and low beta, supporting its use as a liquidity-aware core bond holding or cash-plus sleeve within multi-asset portfolios. With hundreds of underlying holdings across issuers and sectors, it plays a stabilizing role in the market by channeling capital to short-term government and high-grade corporate borrowers while helping institutions manage duration and reinvestment needs efficiently.
Performance
VISTX had a total return of 4.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.47%.
Top 10 Holdings
13.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund - Vanguard Market Liquidity Fund | n/a | 1.91% |
| United States Treasury Note/Bond - US TREASURY N/B | T.3.875 07.15.28 | 1.65% |
| Fannie Mae-Aces - FNA 2024-M6 A2 | n/a | 1.55% |
| United States Treasury Note/Bond - US TREASURY N/B | T.4.25 02.15.28 | 1.30% |
| United States Treasury Note/Bond - US TREASURY N/B | T.1.25 12.31.26 | 1.29% |
| United States Treasury Note/Bond - US TREASURY N/B | T.2.75 04.30.27 | 1.21% |
| United States Treasury Note/Bond - US TREASURY N/B | T.4.25 03.15.27 | 1.18% |
| United States Treasury Note/Bond - US TREASURY N/B | T.2.625 05.31.27 | 1.15% |
| United States Treasury Note/Bond - US TREASURY N/B | T.4.125 10.31.26 | 1.06% |
| United States Treasury Note/Bond - US TREASURY N/B | T.4.25 12.31.26 | 1.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 1, 2026 | $0.0459 | May 4, 2026 |
| Apr 1, 2026 | $0.0495 | Apr 2, 2026 |
| Mar 2, 2026 | $0.0452 | Mar 3, 2026 |
| Feb 2, 2026 | $0.0478 | Feb 3, 2026 |
| Dec 17, 2025 | $0.0498 | Dec 18, 2025 |
| Nov 28, 2025 | $0.0481 | Dec 1, 2025 |