Vanguard Short-Term Bond Index Fund (VBITX)
| Fund Assets | 63.85B |
| Expense Ratio | 0.04% |
| Min. Investment | $5,000,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.68% |
| Dividend Growth | 22.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.31 |
| YTD Return | 2.29% |
| 1-Year Return | 2.82% |
| 5-Year Return | 3.87% |
| 52-Week Low | 10.09 |
| 52-Week High | 10.33 |
| Beta (5Y) | n/a |
| Holdings | 2921 |
| Inception Date | Sep 27, 2011 |
About VBITX
Vanguard Short-Term Bond Index Fund Institutional Shares is an index mutual fund designed to provide broad exposure to high-quality U.S. bonds with short maturities. The fund seeks to track the Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index, a market‑weighted benchmark spanning U.S. Treasuries, government-related securities, and investment‑grade corporate bonds within the one‑ to five‑year maturity range. Its investment approach emphasizes diversification and disciplined index replication to reflect the risk and return characteristics of the target market segment. With an institutional share class structure and a low expense profile, it is built for cost‑efficient core fixed income allocation in the short-duration sleeve of portfolios. Key portfolio attributes typically include limited interest rate sensitivity and a focus on investment‑grade credit quality, aligning the fund with the short‑term bond category’s emphasis on capital preservation and steady income. The fund distributes income monthly and maintains a sizable asset base, supporting liquidity and scalable implementation for large investors.
Performance
VBITX had a total return of 2.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.50%.
Equivalent ETF
VBITX 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 0.04% for VBITX.
| 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 | $0.03402 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03279 | Jul 1, 2025 |
| May 30, 2025 | $0.03361 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03234 | May 1, 2025 |
| Mar 31, 2025 | $0.03303 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02949 | Mar 3, 2025 |