Vanguard Short-Term Bond Index Fund Investor Shares (VBISX)
| Fund Assets | 63.85B |
| Expense Ratio | 0.15% |
| Min. Investment | $3,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.57% |
| Dividend Growth | 23.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.31 |
| YTD Return | 2.06% |
| 1-Year Return | 2.74% |
| 5-Year Return | 3.42% |
| 52-Week Low | 10.08 |
| 52-Week High | 10.33 |
| Beta (5Y) | n/a |
| Holdings | 2921 |
| Inception Date | Mar 1, 1994 |
About VBISX
Vanguard Short-Term Bond Index Fund Investor Shares is a U.S. mutual fund that tracks a market‑value‑weighted benchmark of investment‑grade bonds with maturities of one to five years. Its primary purpose is to provide broad, low‑cost exposure to short‑term U.S. government and high‑quality corporate debt, emphasizing stability and interest‑rate discipline over credit risk. The fund mirrors the Bloomberg U.S. 1–5 Year Government/Credit Index, using sampling to hold a diversified mix of Treasuries, government‑related securities, and investment‑grade corporates while excluding securitized debt. This design anchors the portfolio in high‑quality issuers and typically results in limited interest‑rate sensitivity relative to intermediate‑term strategies. The fund’s role in the market is as a core short‑duration building block for fixed income allocation, offering efficient liquidity management, income generation, and ballast during periods of widening credit spreads. With a long operating history since 1994 and a low expense structure, it is positioned as a straightforward tool for investors seeking systematic short‑term bond exposure aligned with a well‑known benchmark.
Performance
VBISX had a total return of 2.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.34%.
Equivalent ETF
VBISX has an equivalent ETF with the ticker symbol BSV, the Vanguard Short-Term Bond ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.03% compared to 0.15% for VBISX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| BSV | Vanguard Short-Term Bond ETF | 0.03% |
Top 10 Holdings
8.48% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes | T.3.875 06.30.30 | 1.23% |
| Mktliq 12/31/2049 | n/a | 1.07% |
| United States Treasury Notes | T.4 02.28.30 | 0.94% |
| United States Treasury Notes | T.4 05.31.30 | 0.83% |
| United States Treasury Notes | T.4.25 11.30.26 | 0.82% |
| United States Treasury Notes | T.4.125 01.31.27 | 0.74% |
| United States Treasury Notes | T.4.625 04.30.29 | 0.72% |
| United States Treasury Notes | T.4 03.31.30 | 0.72% |
| United States Treasury Notes | T.3.75 06.30.27 | 0.71% |
| United States Treasury Notes | T.1.5 01.31.27 | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03305 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03186 | Jul 1, 2025 |
| May 30, 2025 | $0.03264 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03141 | May 1, 2025 |
| Mar 31, 2025 | $0.03207 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02864 | Mar 3, 2025 |