VUSB – Vanguard Ultra-Short Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide current income while maintaining limited price volatility. The fund employs an active management approach, investing in a diversified portfolio of high-quality and, to a lesser extent, medium-quality bonds. It is expected to maintain a dollar-weighted average maturity of 0 to 2 years. Under normal circumstances, the fund will invest at least 80% of its assets in fixed income securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VUSB	Vanguard Ultra-Short Bond ETF Shares	ETF	Open			Apr 6, 2021	$9.87B	0.100%	—	—	$3.90B

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