Vanguard Short-Term Corp Bd Idx I (VSTBX)
| Fund Assets | 46.03B |
| Expense Ratio | 0.05% |
| Min. Investment | $5,000,000 |
| Turnover | 69.00% |
| Dividend (ttm) | 1.12 |
| Dividend Yield | 4.21% |
| Dividend Growth | 16.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 26.65 |
| YTD Return | 5.46% |
| 1-Year Return | 5.70% |
| 5-Year Return | 11.73% |
| 52-Week Low | 25.91 |
| 52-Week High | 26.65 |
| Beta (5Y) | n/a |
| Holdings | 2609 |
| Inception Date | Nov 19, 2009 |
About VSTBX
Vanguard Short-Term Corporate Bond Index Fund Institutional Shares is an index-tracking mutual fund focused on U.S. dollar–denominated, investment-grade corporate bonds with maturities between one and five years. Its primary objective is to closely replicate the performance of the Bloomberg U.S. 1–5 Year Corporate Bond Index through a low-cost, passively managed approach. The portfolio spans issuers across the industrial, financial, and utility sectors, providing diversified exposure to high-quality corporate credit while maintaining limited interest-rate sensitivity typical of short-duration strategies. The share class is designed for institutional investors and emphasizes cost efficiency, reflected in a modest expense ratio and scale from substantial assets under management. By concentrating on short-term, fixed-rate bonds, the fund seeks to deliver core bond market characteristics—income, credit diversification, and reduced duration risk relative to intermediate- and long-term benchmarks—within a clearly defined, rules-based framework. It serves as a building-block holding in institutional fixed income allocations, complementing broader core bond strategies and cash management mandates where stability and consistent index-linked exposure are priorities.
Performance
VSTBX had a total return of 5.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
Equivalent ETF
VSTBX has an equivalent ETF with the ticker symbol VCSH, the Vanguard Short-Term Corporate Bond ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.04% compared to 0.05% for VSTBX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| VCSH | Vanguard Short-Term Corporate Bond ETF | 0.04% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VSCSX | Admiral Shares | 0.07% |
Top 10 Holdings
2.39% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes | T.3.875 07.31.30 | 0.60% |
| Bank of America Corp. | BAC.V3.419 12.20.28 | 0.24% |
| AbbVie Inc. | ABBV.3.2 11.21.29 | 0.22% |
| CVS Health Corp | CVS.4.3 03.25.28 | 0.21% |
| United States Treasury Notes | T.3.875 06.30.30 | 0.21% |
| Anheuser-Busch InBev Worldwide Inc. | ABIBB.4.75 01.23.29 | 0.19% |
| Wells Fargo & Co. | WFC.V5.574 07.25.29 MTN | 0.19% |
| Pfizer Investment Enterprises Pte Ltd. | PFE.4.45 05.19.28 | 0.18% |
| Comcast Corporation | CMCSA.4.15 10.15.28 | 0.17% |
| The Cigna Group | CI.4.375 10.15.28 | 0.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0965 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0988 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0966 | Jul 1, 2025 |
| May 30, 2025 | $0.0988 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0939 | May 1, 2025 |
| Mar 31, 2025 | $0.0961 | Apr 1, 2025 |