Vanguard Short-Term Investment-Grade Adm
Investment Strategy
The investment seeks to provide current income while maintaining limited price volatility. Under normal circumstances, the fund will invest at least 80% of its assets in investment-grade securities (those of medium and high quality). The majority of these investments will have a dollar-weighted average maturity of 1 to 4 years. Investment-grade fixed income securities are those rated the equivalent of Baa3 and above by Moody’s Ratings or another independent rating agency or, if unrated, are determined to be of comparable quality by the fund’s advisor. The fund may invest in derivatives instruments, such as options, futures contracts, and other swap agreements.Investment Expenses, Sales Charges, and Fees
Annual Operating Expense
Net Expense Ratio: 0.09%
Average Annual Total Returns
All average annual total returns are reported net of all fees and as of the end of the last quarter. Past performance does not guarantee future results.
| Year | 1 | 3 | 5 | 10 |
Since Inception (02/12/2001) |
|---|---|---|---|---|---|
Total Returns |
6.45%
|
3.68%
|
2.69%
|
2.37%
|
3.30%
|
Impact of Expenses and Fees
The table below assumes the investor invests $10,000 on the first day of year one and that the original investment earns a continuous 5% return. In addition, it assumes the
investor reinvests all earnings, and makes no additional contributions. The 5% rate of return is hypothetical and used only to illustrate the respective impacts of different fee
amounts on each investment. It is not intended to predict future investment returns.
Calculations are done by the 403bCompare site in an effort to provide a standardized comparison of the impact of all fees associated with an investment option. This includes all
required 403(b) product-level fees, and investment-level fees. For more information on fees or expenses associated with a 403(b) product or investment option, please refer
fees located in Help & Resources .
| If Shares are Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$142
|
$348
|
$664
|
$1,058
|
$1,551
|
| If Shares are Not Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$47
|
$253
|
$569
|
$963
|
$1,456
|