Vanguard Variable Annuity - Short-Term Investment-Grade Portfolio
AUV as of 03/22/2019$19.799308
SEC Yield2.86% A
Expense ratio as of 06/01/20180.43%
Inception date02/08/1999
Portfolio number0144


Vanguard Variable Annuity Short-Term Investment-Grade Portfolio seeks to provide current income with limited price volatility. test728

Learn more about this portfolio's investment strategy and policy.

TypeShort-Term Bond
CategoryShort-Term Bond


Knowing a fund's investment style can help you understand how it might fit in your portfolio. This information can also help you build a portfolio that's broadly diversified across markets and less susceptible to sharp swings in any one market area.

Bond style
Vanguard uses a 9-box grid called a "style box" to illustrate how our bond fund holdings are distributed by credit quality and average maturity. Credit quality is a measure of a bond issuer's ability to pay interest and repay principal in a timely manner. Quality ranges from Treasury bonds or agency bonds (generally the highest quality issues), investment-grade corporate (medium to high quality), and below investment grade. Average maturity is the length of time until the bonds in the fund are due to be repaid. Maturities are classified as short-, intermediate-, or long-term.

Avg. Weighted
Short Med Long    

Average Annual Returns—Updated Quarterly as of 12/31/2018 (fee-adjusted)

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. See performance data current to the most recent month-end. Expense ratio information can be found on the Overview page.

Important annuity performance information

Display data in bar chart

 1 Year3 Year5 Year10 YearSince Inception
VVA-Short-Term Invest-Gr0.76%1.65%1.45% 3.16%3.39%
BloomBarc US 1-5 Year Credit Index*1.11%2.00% 1.80%3.72%4.27%
*Includes investment-grade (rated Baa3 or above by Moody’s) corporate and international dollar-denominated bonds with maturities of 1 to 5 years.