VFSTX

About VFSTX

Vanguard Short-Term Investment-Grade Fund Investor Shares is an actively managed mutual fund focused on generating current income while maintaining limited price volatility. The portfolio primarily holds a diversified mix of high-quality and, to a lesser extent, medium-quality fixed income securities, with at least 80% invested in short- and intermediate-term investment‑grade bonds, including corporate issues and select government-related credits. The fund emphasizes shorter duration to reduce interest-rate sensitivity, aiming for aggregate performance consistent with the short-term bond segment. It is designed for investors seeking conservative income exposure with modest credit risk and restrained fluctuations relative to longer-maturity bond strategies. With a long operating history and broad holdings across sectors such as corporate industrials, financials, and healthcare, the strategy plays a stabilizing role in multi-asset portfolios and fixed income allocations, often serving as a core short-duration credit sleeve. The fund’s mandate and risk controls target steady income generation while preserving capital over shorter horizons.