Vanguard Short-Term Investment-Grade Fund Admiral Shares VFSUX NASDAQ

Vanguard Short-Term Investment-Grade Fund Admiral Shares is designed to provide investors with exposure to high- and medium-quality, investment-grade bonds with short-term maturities. The fund invests primarily in corporate bonds, pooled consumer loans, and U.S. government securities. While short-term bond funds typically offer higher yields than money market funds, they involve greater price volatility, and rising interest rates can reduce both bond prices and the fund's share value. This fund is suitable for investors with short-term savings objectives who are comfortable with moderate price fluctuations in exchange for potentially enhanced returns.