Morningstar® Investment Profile™   Morningstar®
Disclosure
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Vanguard VIF Short Term Invmt Grade
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 550
Short-Term Bond Funds
Morningstar®
Style Box™
What is this?
As of 2022-03-31
Total Fund Assets ($ Mil)
2,207.78
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to provide current income while maintaining limited price volatility.
The fund invests in a variety of high-quality and, to a lesser extent, medium-quality fixed income securities. Under normal circumstances, at least 80% of its assets will be invested in short- and intermediate-term investment-grade securities. High-quality fixed income securities are those rated the equivalent of A3 or better; medium-quality fixed income securities are those rated the equivalent of Baa1, Baa2, or Baa3. It is expected to maintain a dollar-weighted average maturity of 1 to 4 years.
  Morningstar Category: Short-Term Bond
Short-term bond portfolios invest primarily in corporate and other investment-grade U.S. fixed-income issues and typically have durations of 1.0 to 3.5 years. These portfolios are attractive to fairly conservative investors, because they are less sensitive to interest rates than portfolios with longer durations. Morningstar calculates monthly breakpoints using the effective duration of the Morningstar Core Bond Index in determining duration assignment. Short-term is defined as 25% to 75% of the three-year average effective duration of the MCBI. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 0.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 0.0
Bullet Bonds Bonds 90.1
Bullet Cash Cash 3.4
Bullet Other Other 6.5
Asset Allocation Rescaled Graph
Data through 2022-03-31
Morningstar Fixed-Income Sectors
% Fund
Government 12.95
Corporate 76.72
Securitized 6.93
Municipal 0.03
Cash & Equivalents 3.33
Other 0.03
Data through 2022-03-31
Credit Analysis
% Bonds
AAA 15.69
AA 2.22
A 29.93
BBB 47.07
BB 0.00
B 0.00
Below B 1.84
Not Rated 3.25
Data through 2022-03-31
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 2117
% of Net Assets in Top 10 Holdings 12.38
Turnover % (as of 2021-12-31) 78.00
30 Day SEC Yield % 3.24
Top Holdings
Maturity
Date
Shares
Value
$000
% of Net
Assets
United States Treasury Notes --- 79,000 76,087 3.47
United States Treasury Notes --- 60,000 60,366 2.75
United States Treasury Notes --- 50,000 47,789 2.18
United States Treasury Notes --- 30,216 29,574 1.35
United States Treasury Notes --- 15,000 13,950 0.64
The Boeing Company --- 11,900 11,259 0.51
AT&T Inc --- 8,695 8,427 0.38
T-Mobile USA, Inc. --- 8,355 8,406 0.38
Charter Communications Operating, LLC/Charter Communications Operating Capi --- 7,695 7,968 0.36
Charter Communications Operating, LLC/Charter Communications Operating Capi --- 7,889 7,919 0.36
Data through 2022-03-31
  Principal Risks   
Credit and Counterparty, Extension, Prepayment (Call), Loss of Money, Not FDIC Insured, Income, Interest Rate, Restricted/Illiquid Securities, Derivatives, Suitability, Management
Show Risk Definitions
  Other Information
Inception Date: 1999-02-08
Portfolio Manager(s)
Daniel Shaykevich   (2018-04-13)
Daniel Shaykevich, Principal of Vanguard. He has worked in investment management since 2001, has managed investment portfolios since 2004, has been with Vanguard since 2013. Prior to Vanguard, he was a portfolio manager for BlackRock from 2001 to 2013. He holds a B.S. from Carnegie Mellon University.
Samuel C. Martinez   (2018-04-13)
Samuel C. Martinez, CFA, Portfolio Manager at Vanguard. He has been with Vanguard since 2007, has worked in investment management since 2010, has managed investment portfolios since 2014, and has co-managed the Portfolio since 2018. He holds a B.S. from Southern Utah University and M.B.A from The Wharton School of the University of Pennsylvania.
Arvind Narayanan   (2019-11-19)
Arvind Narayanan, CFA, Portfolio Manager at Vanguard. He has been with Vanguard since February 2019, has worked in investment management since 2002, has managed investment portfolios since 2006, and has co-managed the Funds since November 2019. Education: B.A., Goucher College; M.B.A., New York University.
Investment Advisor(s)
The Vanguard Group
Issuer
Vanguard
Subadvisor(s)
---
Show Data Definitions

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