About VUBFX
This fund's primary objective is to generate ongoing income while striving to maintain relatively stable share prices. It accomplishes this by investing in a broad array of fixed income instruments, mainly those rated as high-quality, with a smaller allocation to medium-quality debt. The fund's investments are managed to keep a very short dollar-weighted average maturity, typically between zero and two years. Under standard market conditions, at least 80% of its total assets will be dedicated to fixed income securities. It offers investors an affordable gateway to money market-like instruments and high-grade, short-term bonds, including those issued by governments, corporations (investment-grade), and asset-backed securities. Although it usually offers a better yield than traditional money market funds, its share price is subject to variability, and investors face principal risk; thus, it should not be considered an identical replacement for a money market fund. Furthermore, rising interest rates present a risk, potentially causing the value of the bonds within the portfolio, and subsequently the fund's share price, to decline. It is important to note that this Ultra-Short-Term Bond Fund is a distinct product, separate from the Vanguard Ultra-Short Bond ETF (VUSB), and due to variations in size, investment methodologies, and specific holdings, their investment performance is anticipated to differ.
Fund Family Vanguard
Category Ultrashort Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol VUBFX
Share Class Investor Shares
Index Bloomberg 1 Y US Treasury Bellwethers TR
VUBFX had a total return of 4.15% in the past year, including dividends.
Since the fund's inception, the average annual return has been 2.58%.
