Vanguard Short-Term Inflation-Protected Securities Fund is a great U.S. Treasury Inflation-Protected Securities fund because of its low fee and sensibly constructed portfolio. The fund’s ETF, Admiral, and Institutional share classes are among the cheapest in the inflation-protected bond Morningstar Category, justifying a Morningstar Rating of Gold, while its more-expensive Investor share class is rated Bronze.
Vanguard Shrt-Term Infl-Prot Sec Idx Inv VTIPX
NAV / 1-Day Return
25.23
/
0.12
%
Total Assets
21.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.140%
Expense Ratio
0.140%
Fee Level
Low
Longest Manager Tenure
9.70
years
Category
Inflation-Protected Bond
Credit Quality / Interest Rate Sensitivity
High / LimitedMin. Initial Investment
3,000
Status
Limited
TTM Yield
5.40%
Effective Duration
2.53
years
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VTIPX 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 VTIPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VTIPX 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 VTIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This is an excellent TIPS fund.
