The Vanguard Short-Term Corporate Bond Idx Fd (VCSH) is a simple high-quality, short-term corporate bond index ETF. It has a competitive 4.5% dividend yield, with a below-average duration of 2.7 years. VCSH's short-term holdings should minimize price losses during a period of rising rates, which seem likely. Dividends should see some growth too.
Tony Dong is the founder of ETF Portfolio Blueprint.
One of the unique aspects of US citizens from recent history is that, apart from the Bidenomics fueled 17% cumulative inflation and the 48.6% cumulative inflation under Jimmy Carter, most of them have not experienced the rationing and Depression-aftermath scarcity that preceded World War II.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 317,815 | $24.96M | $24.99M | $24,883.94 | 0.1% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 18,718 | $1.5M | $1.47M | -$32,204.51 | -2.14% |
Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 1.08M | $83.77M | $84.6M | $825,840.04 | 0.99% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 3,113 | $246,820.93 | $244,744.06 | -$2,076.87 | -0.84% |
| MM Michael Motolo CVS HEALTH Corp | 120,000 | $9.51M | $9.43M | -$78,000 | -0.82% |
| NASDAQ (NMS) Exchange | US Country |
The fund operates with a focused investment strategy that prioritizes adherence to the Bloomberg U.S. 1-5 Year Corporate Bond Index. This strategy targets the inclusion of U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities. These are issued by a diverse array of entities spanning U.S. and non-U.S. industrial, utility, and financial sectors. The chosen securities possess maturity periods ranging from 1 to 5 years, aligning with the fund’s intermediate-term investment horizon. A stringent policy mandates that at least 80% of the fund's assets are to be allocated towards bonds present within the index, ensuring consistency and alignment with the fund’s investment objectives.
The fund offers a focused investment portfolio with a clear emphasis on corporate bonds that align with the investment-grade criteria. Below are the key components of the fund's offerings: