Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX)
Fund Info
| ISIN | US9219377697 |
|---|---|
| CUSIP | 921937769 |
| Issuer | Vanguard |
| Inception Date | Sep 29, 2011 |
| Category | Total Bond Market |
| Min. Investment | $100,000,000 |
| Home Page | advisors.vanguard.com |
| Asset Class | Bond |
Expense Ratio
VBIPX has an expense ratio of 0.04%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: VBIPX vs. VBILX, VBIPX vs. BND, VBIPX vs. VTEB, VBIPX vs. VBTLX, VBIPX vs. VCSH, VBIPX vs. VBMPX, VBIPX vs. FBNDX, VBIPX vs. VGSLX, VBIPX vs. TIP, VBIPX vs. IEI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Short-Term Bond Index Fund Institutional Plus, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Short-Term Bond Index Fund Institutional Plus had a return of 3.04% year-to-date (YTD) and 6.07% in the last 12 months. Over the past 10 years, Vanguard Short-Term Bond Index Fund Institutional Plus had an annualized return of 1.51%, while the S&P 500 had an annualized return of 11.39%, indicating that Vanguard Short-Term Bond Index Fund Institutional Plus did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.04% | 25.45% |
| 1 month | -0.68% | 2.91% |
| 6 months | 2.98% | 14.05% |
| 1 year | 6.07% | 35.64% |
| 5 years (annualized) | 1.14% | 14.13% |
| 10 years (annualized) | 1.51% | 11.39% |
Monthly Returns
The table below presents the monthly returns of VBIPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.36% | -0.64% | 0.47% | -0.83% | 1.00% | 0.68% | 1.50% | 0.99% | 0.97% | -1.06% | 3.04% | ||
| 2023 | 1.29% | -1.24% | 1.91% | 0.48% | -0.51% | -0.61% | 0.31% | 0.22% | -0.38% | 0.04% | 1.77% | 1.56% | 4.89% |
| 2022 | -1.04% | -0.58% | -1.92% | -0.98% | 0.70% | -0.87% | 1.01% | -1.35% | -1.77% | -0.26% | 1.38% | -0.04% | -5.62% |
| 2021 | 0.03% | -0.36% | -0.26% | 0.29% | 0.19% | -0.18% | 0.38% | -0.09% | -0.28% | -0.47% | -0.10% | -0.37% | -1.21% |
| 2020 | 0.95% | 1.01% | 0.27% | 0.82% | 0.54% | 0.42% | 0.33% | -0.04% | 0.05% | -0.05% | 0.22% | 0.13% | 4.74% |
| 2019 | 0.49% | 0.17% | 0.98% | 0.19% | 0.97% | 0.67% | 0.01% | 1.05% | -0.09% | 0.28% | -0.01% | 0.09% | 4.89% |
| 2018 | -0.52% | -0.24% | 0.26% | -0.33% | 0.46% | 0.07% | -0.02% | 0.47% | -0.21% | 0.09% | 0.28% | 1.08% | 1.38% |
| 2017 | 0.23% | 0.22% | -0.09% | 0.42% | 0.24% | -0.06% | 0.33% | 0.33% | -0.24% | -0.04% | -0.34% | 0.06% | 1.08% |
| 2016 | 0.89% | 0.21% | 0.50% | 0.12% | -0.16% | 0.98% | 0.12% | -0.25% | 0.22% | -0.24% | -0.92% | 0.04% | 1.50% |
| 2015 | 1.07% | -0.46% | 0.40% | 0.01% | 0.11% | -0.17% | 0.21% | -0.08% | 0.50% | -0.17% | -0.17% | -0.35% | 0.89% |
| 2014 | 0.49% | 0.19% | -0.27% | 0.30% | 0.39% | -0.09% | -0.18% | 0.30% | -0.18% | 0.50% | 0.20% | -0.35% | 1.28% |
| 2013 | -0.07% | 0.20% | 0.02% | 0.29% | -0.46% | -0.56% | 0.29% | -0.27% | 0.57% | 0.39% | 0.09% | -0.56% | -0.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VBIPX is 48, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Short-Term Bond Index Fund Institutional Plus provided a 3.27% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.25 | $0.15 | $0.13 | $0.20 | $0.24 | $0.21 | $0.16 | $0.16 | $0.14 | $0.14 | $0.13 |
Dividend yield | 3.27% | 2.43% | 1.47% | 1.22% | 1.82% | 2.27% | 2.04% | 1.56% | 1.51% | 1.37% | 1.37% | 1.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Short-Term Bond Index Fund Institutional Plus. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.28 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.25 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.15 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.20 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2017 | $0.01 | $0.01 | $0.00 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.16 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.14 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Short-Term Bond Index Fund Institutional Plus. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Short-Term Bond Index Fund Institutional Plus was 8.87%, occurring on Oct 20, 2022. Recovery took 445 trading sessions.
The current Vanguard Short-Term Bond Index Fund Institutional Plus drawdown is 1.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.87% | Aug 4, 2021 | 307 | Oct 20, 2022 | 445 | Jul 31, 2024 | 752 |
| -1.94% | Mar 10, 2020 | 8 | Mar 19, 2020 | 17 | Apr 14, 2020 | 25 |
| -1.85% | Sep 11, 2017 | 172 | May 16, 2018 | 149 | Dec 18, 2018 | 321 |
| -1.83% | Jul 6, 2016 | 115 | Dec 15, 2016 | 155 | Jul 31, 2017 | 270 |
| -1.55% | Oct 2, 2024 | 30 | Nov 12, 2024 | — | — | — |
Volatility
Volatility Chart
The current Vanguard Short-Term Bond Index Fund Institutional Plus volatility is 0.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.