Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX)
| Fund Assets | 64.63B |
| Expense Ratio | 0.04% |
| Min. Investment | $5,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 3.79% |
| Dividend Growth | 44.05% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 24.97 |
| YTD Return | 0.60% |
| 1-Year Return | 5.66% |
| 5-Year Return | 18.71% |
| 52-Week Low | 23.66 |
| 52-Week High | 24.97 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Oct 17, 2012 |
About VTSPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares is an index mutual fund that tracks a market-capitalization-weighted benchmark of U.S. Treasury Inflation-Protected Securities with less than five years to maturity. Its primary purpose is to provide exposure to short-duration TIPS, aiming to reflect changes in consumer prices while limiting interest rate sensitivity relative to longer-maturity inflation-linked bonds. The portfolio holds inflation-protected public obligations issued by the U.S. Treasury, seeking to replicate the Bloomberg U.S. Treasury Inflation-Protected Securities 0–5 Year Index by owning securities in proportions similar to the index. With an institutional share class expense ratio of 0.04% and a multi-billion-dollar asset base, the fund emphasizes low-cost, scalable access to government-backed inflation protection. Income distributions can fluctuate due to inflation adjustments, and while duration is constrained by the short-term focus, the fund remains subject to interest rate and real yield risk inherent to TIPS. Established in 2012, it serves institutions and large allocators seeking a liquid, transparent vehicle for short-term inflation hedging and ballast within diversified fixed income allocations.
Performance
VTSPX had a total return of 5.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.51%.
Equivalent ETF
VTSPX has an equivalent ETF with the ticker symbol VTIP, the Vanguard Short-Term Inflation-Protected Securities 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 0.04% for VTSPX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| VTIP | Vanguard Short-Term Inflation-Protected Securities ETF | 0.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.357 | Dec 18, 2025 |
| Sep 30, 2025 | $0.3255 | Oct 1, 2025 |
| Jun 30, 2025 | $0.2139 | Jul 1, 2025 |
| Mar 31, 2025 | $0.049 | Apr 1, 2025 |
| Dec 23, 2024 | $0.2655 | Dec 24, 2024 |
| Sep 30, 2024 | $0.1546 | Oct 1, 2024 |