Vanguard Short Duration Bond ETF

Vanguard Short Duration Bond ETF is an actively managed fixed income exchange-traded fund designed to provide broad exposure to short-duration bonds. The fund invests primarily in a diversified mix of U.S. and non-U.S. debt securities, including corporate bonds, U.S. Treasury obligations, government and agency securities, asset-backed securities, mortgage-backed securities, and mortgage-related securities. It may also hold securities from emerging markets and can include bonds across a range of credit qualities, with a focus on investment-grade holdings. Vanguard Short Duration Bond ETF aims to maintain a relatively short interest-rate sensitivity through a portfolio structure centered on shorter maturities, making it a tool for investors seeking bond market exposure with lower duration than longer-term funds. Managed by Vanguard Fixed Income Group, it serves as part of the broader fixed income market by offering diversified, actively selected bond exposure in an ETF format.