Vanguard Short-Term Federal Fund Investor Shares
VSGBX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- PO Box 2600 Valley Forge PA United States of America 19482
- IPO Date
- Dec 31, 1987
- CIK
- 0000106444
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Short-Term Federal Fund Investor Shares (VSGBX) is an open-end mutual fund managed by The Vanguard Group, Inc., that seeks to provide current income while maintaining limited price volatility by investing at least 80% of its assets in short-term bonds issued or guaranteed by the U.S. government and its agencies and instrumentalities, many of which are not backed by the full faith and credit of the U.S. government; it maintains a dollar-weighted average maturity of 1 to 4 years. The fund's portfolio primarily consists of U.S. bonds such as agency mortgage-backed securities (approximately 57%), government-related obligations (32%), and government bonds (12%), with top holdings including Federal Home Loan Mortgage Corp., Federal National Mortgage Association, United States Treasury Notes, and Federal Home Loan Banks; it offers investor shares with a net expense ratio of 0.20%, minimum initial investment of $3,000, and monthly dividend payouts. Available to investors in the United States, the fund belongs to the Short Government category, tracks elements of the Bloomberg 1-5 Year Government Bond Index, and as of recent data holds total net assets exceeding $4.42 billion. Launched on December 31, 1987, the fund is domiciled in the United States and managed by The Vanguard Group, Inc., headquartered in Malvern, Pennsylvania, which oversees approximately $11 trillion in global assets under management as of January 2025. Primary management responsibility lies with Brian Quigley since January 2015, with Nathan Persons added as co-manager effective January 14, 2025. Recent developments include the appointment of Nathan Persons as co-manager in January 2025, enhancing the fund's management team amid Vanguard's ongoing refinements to its fixed income offerings; Vanguard has continued broader strategic actions such as launching new active fixed income funds like Vanguard Core-Plus Bond Fund and expanding municipal bond ETFs in late 2024, alongside advisory changes and mergers in other funds to lower costs and align with market dynamics. No major acquisitions, funding rounds, or name changes specific to VSGBX have been reported in the last 1-2 years, though the fund maintains stable operations within Vanguard's lineup of low-cost, government-focused investment products targeting individual and institutional investors seeking short-term, low-risk income.