Vanguard Short-Term Bond Index Fund (VBIRX) is a mutual fund managed by Vanguard that tracks the performance of the Bloomberg Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. This fund includes a broad range of short-term U.S. investment-grade bonds, including government and corporate bonds. The Vanguard Short-Term Bond Index Fund is known for its low interest rate sensitivity and low costs. It is designed to provide stable returns and is suitable for investors seeking conservative investment options with shorter maturities. Vanguard Short-Term Bond Index Fund (VBIRX) shares could be suitable for investors looking for a low-risk and low-cost investment in short-term bonds.
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