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Morningstar

Vanguard Short-Term Corporate Bond ETF VCSH

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub

Morningstar’s Analysis VCSH

Will VCSH outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VCSH’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the VCSH management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of VCSH’s parent organization’s priorities and whether they’re in line with investors’ interests.

A well-constructed portfolio of short-term corporate bonds.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

Vanguard Short-Term Corporate Bond offers a well-constructed portfolio of short-term investment-grade bonds at a razor-thin expense ratio. Focusing strictly on corporate bonds should position this fund to capture market rallies better than most of its Morningstar Category peers without pushing it too far into risky territory. The least expensive share classes earn Morningstar Analyst Ratings of Gold, while the admiral shares' relatively higher fee warrant a Silver rating.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings VCSH

More VCSH Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 2420
  • Other Holdings 2
  • % Assets in Top 10 Holdings 2.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes

0.74
319,049,828
Government

Mktliq 12/31/2049

0.71
306,188,026
Cash and Equivalents

Us Dollar

0.45
196,900,069
Cash and Equivalents

Bank of America Corporation

0.23
98,608,047
Corporate

JPMorgan Chase & Co.

0.22
96,646,534
Corporate

Dell International L.L.C. and EMC Corporation

0.22
94,239,627
Corporate

Visa Inc

0.22
94,096,353
Corporate

The Boeing Company

0.22
93,261,546
Corporate

JPMorgan Chase & Co.

0.21
90,255,713
Corporate

T-Mobile USA, Inc.

0.21
90,048,806
Corporate