The investment seeks to provide current income. The fund invests at least 80% of assets in short and intermediate term corporate bonds and other corporate fixed income obligations. It typically maintains an average weighted maturity of between one and four years. The fund may also invest in U.S. government securities, bank obligations, commercial paper, repurchase agreements, and dollar-denominated foreign securities.
Fund filings (PDF) »

Asset managers:
Robert F. Auwaerter (Started: Jan 1, 1983)
Gregory Nassour (Started: May 30, 2008)

Advisor Company:
The Vanguard Group, Inc.
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	15.52	0.96	0.13	0.37
Beta*	-0.16	0.42	0.52	0.47
Mean annual return	1.13	0.40	0.35	0.40
R-squared*	5.43	67.02	33.25	43.54
Standard deviation	3.20	4.10	3.26	2.72
Sharpe ratio	4.17	0.59	0.35	0.70
* Against standard index

Risk measurement details »

Security	Net Assets
CMT Market Liquidity Rate	7.31%
US Treasury Note 0.875%	2.00%
US Treasury Note	0.99%
US Treasury Note	0.89%
CITIBANK CCIT 2008-A5	0.86%
CHASE ISSUANCE TR 2008-4A	0.65%
Ba Cedit Card Tr 2008-5a FRN	0.64%
Cap One Cc Tr 2009-2a 3.2%	0.61%
Verizon Wireless Cap 144A 3.75%	0.55%
Bear Stearns Cos 6.95%	0.52%

Holdings Performance »