ETF / ETP Details
VANGUARD SHORTTERM CORPORATE BOND IDX FD
The investment seeks to tune the overall performance of a market-weighted company bond index with a quick-term dollar-weighted common adulthood. The fund employs an indexing investment approach designed to tune the choices overall performance of the Bloomberg Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. greenback-denominated, investment-grade, fixed-fee, taxable securities issued by means of business, software, and financial companies, with maturities between 1 and five years. Under normal instances, at the least eighty% of the fund’s belongings might be invested in bonds included inside the index.
Independent 0.33-birthday celebration analytics of the choices every day holdings shown beneath let you compare the choices ETP’s Prospectus Stated Objectives to the choices characteristics of its underlying holdings. Their use of standardized calculations enable constant assessment. It is important to notice that they may no longer reflect ETF Managers’ method to decide portfolio traits in buying and selling securities for the choices fund. Learn extra about the choices ETF Managers’ funding method and overall performance of their Prospectus & Reports.
Sorry : Regional Exposure isn’t to be had for this symbol.
Credit Grade Exposure is supplied via a third-birthday party the use of a proprietary set of rules which considers the ratings assigned to the ETP’s underlying fixed income securities by three Nationally Recognized Statistical Rating Organizations (“NRSROs”): Moody’s Investors Service (“Moody’s”), Standard & Poor’s Rating Services (“S&P”), or Fitch, Inc. The percentages shown inside the desk are primarily based on the choices ETP’s constant-profits holdings and won’t general 100% if an ETP holds non-constant income securities which include cash, derivatives, and/or equities. If a security is rated with the aid of two or extra NRSROs, then the bottom score is assigned to the choices holding. If simplest one NRSRO rates the safety, that rating is assigned to the maintaining. If a protection isn’t always rated via an NRSRO, the conserving is classed as “Not Rated”. “AAA” consists of securities having a credit score score of AAA. “Investment-Grade” consists of securities with a credit rating of AA right down to BBB (or for municipal Money Market securities, a score of SP1 and corporate cash market securities, a score of P1). “High Yield” includes all securities whose lowest rating is underneath BBB (or for municipal Money Market securities, a score of SP2 or SP3, and corporate Money Market securities, a rating of P2 or P3) that are not in default. “Default” includes securities rated D. The ensuing credit satisfactory analytics proven may also fluctuate from the ETP Manager’s technique to decide credit score best of the ETP’s constant profits securities. A hyperlink has been provided to examine more approximately the ETP’s Managers’ funding technique and credit grade analytics.