Vanguard Global Short-Term Bond Index Fund
(VGSTBUH) Vanguard Global Short-Term Bond Index Fund - USD Hedged Acc
Related documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Global Aggregate Ex US MBS 1-5 Year Float Adjusted and Scaled Index (the “Index”).
- The Index includes global government, government-related agencies, corporate and securitised bonds, with a maturity between 1 and 5 years. Bloomberg applies a filter to the Index to exclude US Mortgage Backed Securities from the universe of fixed income securities.
- The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.
Fund facts
Share class inception
Jan 31 2014
Minimum initial investment
$1,000,000.00
Investment structure
Irish UCITS
Share class assets'
Total assets
Risk indicator
Strategy
Index
Asset class
Bond
Currency
USD
Index ticker
H34612US
Benchmark
Bloomberg Global Aggregate Ex US MBS 1-5 Year Float Adjusted and Scaled Index in USD
Dividend Schedule
—
Tax status
Austria, Italy, Switzerland and United Kingdom
Domicile
Ireland
Legal Entity
Vanguard Investment Series PLC
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at Sep 30 2026
Beta
R²
Alpha
Standard Deviation
Sharpe Ratio
Annualized Tracking Error
1 year
3 years
5 years
Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 5,550 | 16,143 | Sep 30 2026 |
| YTM (Yield to Maturity) effective | 4.4% | 4.5% | Sep 30 2026 |
| Medium coupon | 3.2% | 3.2% | Sep 30 2026 |
| Average maturity | 2.9 Years | 2.9 Years | Sep 30 2026 |
| Average Duration | 2.7 Years | 2.7 Years | Sep 30 2026 |
| Cash Investment | -1.0% | — | Sep 30 2026 |
Market allocation
As at Sep 30 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 45.10% | 43.61% | 1.49% |
| Germany | Europe | 6.95% | 6.91% | 0.04% |
| France | Europe | 6.52% | 6.59% | -0.07% |
| Japan | Pacific | 4.67% | 4.79% | -0.12% |
| Canada | North America | 4.38% | 4.37% | 0.01% |
| United Kingdom | Europe | 4.01% | 3.96% | 0.05% |
| Italia | Europe | 3.96% | 3.95% | 0.01% |
| Supranational | Other | 3.71% | 3.83% | -0.12% |
| España | Europe | 2.83% | 2.75% | 0.08% |
| Australia | Pacific | 2.03% | 2.14% | -0.11% |
| Republic Of Korea | Pacific | 1.87% | 1.83% | 0.04% |
| Netherlands | Europe | 1.44% | 1.46% | -0.02% |
| Suecia | Europe | 1.33% | 1.22% | 0.11% |
| China | Emerging Markets | 1.05% | 1.26% | -0.21% |
| Swiss | Europe | 0.83% | 0.81% | 0.02% |
Distribution by credit quality (% of funds)
As at Sep 30 2026
| Credit Rating | Fund |
|---|---|
| AAA | 16.53% |
| AA | 41.02% |
| A | 25.44% |
| BBB | 16.68% |
| Not Rated | 0.34% |
Distribution by credit issuer
As at Sep 30 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 57.61% |
| Gov-Related-Provincials/Municipals | 0.02% |
| Gov-Related-Agencies | 5.56% |
| Gov-Related-Local Authority | 3.00% |
| Gov-Related-Sovereign | 1.48% |
| Gov-Related-Supranational | 3.71% |
| Corporate-Industrials | 11.11% |
| Corporate-Utilities | 1.66% |
| Corporate-Financial Institutions | 11.30% |
| Securitized-Asset Backed Security | 3.86% |
| Securitized-Commercial Mortgage Backed Security | 0.67% |
| Cash | -0.99% |
| Other | 1.01% |
Distribution by credit maturity
As at Sep 30 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.22% |
| 1 - 2 Years | 29.33% |
| 2 - 3 Years | 23.69% |
| 3 - 4 Years | 22.02% |
| 4 - 5 Years | 21.96% |
| Over 5 Years | 2.79% |
Top 10 Holdings
As at Sep 30 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.64938% | $50,750,906.25 | 50,910,000 | 5.00% | Sep 30 2031 |
| United States Treasury Note/Bond | 0.55008% | $42,990,556.87 | 46,145,000 | 1.25% | Sep 30 2028 |
| United States Treasury Note/Bond | 0.51484% | $40,236,642.78 | 40,775,000 | 4.00% | May 31 2028 |
| United States Treasury Note/Bond | 0.50413% | $39,399,232.03 | 42,315,000 | 1.38% | Oct 31 2028 |
| United States Treasury Note/Bond | 0.48570% | $37,959,270.54 | 44,860,000 | 0.88% | Nov 15 2030 |
| United States Treasury Note/Bond | 0.47411% | $37,053,056.25 | 43,785,000 | 0.63% | Aug 15 2030 |
| United Kingdom Gilt | 0.47199% | $36,887,321.69 | 27,900,000 | 4.38% | Mar 07 2028 |
| United States Treasury Note/Bond | 0.46691% | $36,490,578.13 | 43,025,000 | 1.13% | Feb 15 2031 |
| French Republic Government Bond OAT | 0.45524% | $35,578,446.23 | 32,501,496 | 0.75% | Feb 25 2028 |
| French Republic Government Bond OAT | 0.44729% | $34,956,884.66 | 32,187,010 | 0.75% | May 25 2028 |
Prices and distribution
Prices
NAV Price (USD)
$129.05
USDChange
+$0.110.09% As at Oct 15 2026
NAV 52-week high
$129.79
As at Oct 16 2026
NAV 52-week low
$127.44
As at Oct 16 2026
NAV 52-week difference
$2.34
Change
+1.81% As at Oct 16 2026
Outstanding shares
2,638,196
As at Sep 30 2026
Historical Prices
-
Inception date
Jan 31 2014
| Date | NAV (USD) |
|---|---|
| Oct 15 2026 | $129.0525 |
| Oct 14 2026 | $128.9403 |
| Oct 13 2026 | $128.8182 |
| Oct 12 2026 | $128.7840 |
| Oct 09 2026 | $128.7609 |
| Oct 08 2026 | $128.7597 |
| Oct 07 2026 | $128.7336 |
| Oct 06 2026 | $128.6997 |
| Oct 05 2026 | $128.5715 |
| Oct 02 2026 | $128.5229 |
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency:USD
Fund codes
- Bloomberg:VGSTBUH
- CUSIP:G93185794
- ISIN:IE00BH65QN23
- MEX ID:VIAABV
- SEDOL:BH65QN2