Should You Invest in Vanguard Short-Term Investment-Grade Investor Fund (VFSTX)? - Best of Funds
Vanguard Short-Term Investment-Grade Investor (VFSTX) a Zacks Ranked #1 (Strong Buy) seeks income while maintaining a high degree of stability of principal. VFSTX invests in a variety of high-quality and, to a lesser extent, medium-quality fixed income securities. VFSTX also invests to a limited extent in non-investment-grade and fixed income securities, mainly short-term and intermediate-term corporate bonds. Vanguard Short-Term Investment-Grade Investor declares dividends daily and distributes capital gains annually in December.
The Vanguard Short-Term Investment-Grade Investor fund, managed by Vanguard Group , carries an expense ratio of 0.20, but it does come with a 0.17% management fee. Moreover, VFSTX requires a minimal initial investment of $3,000.
VFSTX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 1.61%, 3 year 1.87%, and 5 year 2.46%. To see how this fund performed compared in its category, please click here .
VFSTX’s performance, as of the last filing, when compared to funds in its category was in the top 66% in 1 year, top 67% over the past 3 years, and in the 71% over the past 5 years.
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