# Portfolio overlap — VGCIX vs VFSTX Comparing **VANGUARD GLOBAL CREDIT BOND FUND** (2026-01-31) and **VANGUARD SHORT-TERM INVESTMENT-GRADE FUND** (2026-01-31). - Shared positions: 474 - VANGUARD GLOBAL CREDIT BOND FUND covered by VANGUARD SHORT-TERM INVESTMENT-GRADE FUND: 0.1257571818673160790188043003 - VANGUARD SHORT-TERM INVESTMENT-GRADE FUND covered by VANGUARD GLOBAL CREDIT BOND FUND: 0.1257571818673160790188043005 ## VANGUARD GLOBAL CREDIT BOND FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Market Liquidity Fund | 0.029420 | ✓ | | EUROPEAN UNION REG S SR UNSEC EUR (B) 2.5% 10-14-30 | 0.018236 | | | TRIODOS BANK | 0.011034 | ✓ | | RAIFFEISEN BK IN | 0.009796 | ✓ | | Lithuania Government International Bond | 0.008535 | | | BPCE SA 2.5%/VAR 11/30/2032 REGS | 0.008176 | ✓ | | INDONESIA (REP) | 0.007752 | | | Public Property Invest AS | 0.007183 | ✓ | | SAUDI INT BOND | 0.006916 | | | SW (FINANCE)I/SW | 0.006490 | ✓ | | U.S. Treasury Inflation-Indexed Notes | 0.006428 | | | GERMANY FEDERAL REPUBLIC OF 1.7% 08/15/2032 REGS | 0.005874 | | | AROUNDTOWN SA | 0.005770 | | | YORKSHIRE WATER | 0.005642 | ✓ | | CIMIC FINANCE LTD 1.5% 05/28/2029 REGS | 0.005576 | ✓ | | CHARTER COMM OPT | 0.005501 | ✓ | | DVI DT VERMOEGEN | 0.005366 | ✓ | | QPH FINANCE CO P | 0.005262 | | | Hellenic Republic Government Bonds | 0.005254 | | | Magyar Export-Import Bank Zrt. | 0.005107 | | | DVI DT VERMOEGEN | 0.005088 | ✓ | | Central American Bank for Economic Integration | 0.005064 | | | GAIF Bond Issuer Pty Ltd | 0.004984 | | | US ULTRA BOND CBT Sep25 | 0.004977 | ✓ | | Aurizon Finance Pty Ltd | 0.004962 | ✓ | | Caisse d'Amortissement de la Dette Sociale | 0.004907 | | | UNITED MEXICAN | 0.004790 | | | Athora Holding Ltd | 0.004788 | ✓ | | Bayer AG, Series NC5 | 0.004586 | ✓ | | Caisse d'Amortissement de la Dette Sociale | 0.004421 | | | CASSA DEPOSITI E PRESTIT SR UNSECURED 144A 10/30 4.375 | 0.004398 | | | EUROPEAN UNION /EUR/ REGD REG S EMTN SER UFA 3.75000000 | 0.004373 | | | KOMMUNALKREDIT | 0.004264 | ✓ | | REP OF CYPRUS | 0.004215 | | | ASCENSION HEALTH | 0.004206 | | | CORP ANDINA FOM | 0.004186 | | | Close Brothers Finance PLC | 0.004140 | ✓ | | JAB HOLDINGS BV | 0.004052 | | | SW (FINANCE)I/SW | 0.003899 | ✓ | | RENAULT SA 3.875% 09/30/2030 REGS | 0.003728 | ✓ | | Commonwealth Bank of Australia | 0.003722 | | | AUST & NZ BANK | 0.003720 | ✓ | | CITY OF MADRID S | 0.003709 | | | COM BK AUSTRALIA | 0.003693 | | | CLOSE BROS GRP | 0.003643 | ✓ | | Ausgrid Finance Pty Ltd | 0.003606 | | | STOCKLAND TRUST | 0.003591 | | | SLOVAKIA GOVT | 0.003354 | | | US TREASURY N/B | 0.003328 | | | FIRSTENERGY TRAN | 0.003298 | | ## VANGUARD SHORT-TERM INVESTMENT-GRADE FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.007858 | | | US TREASURY N/B | 0.007126 | | | Vanguard Market Liquidity Fund | 0.006747 | ✓ | | US TREASURY N/B | 0.006103 | | | ABBVIE INC | 0.005884 | | | BOEING CO | 0.005747 | ✓ | | US TREASURY N/B | 0.005738 | | | US TREASURY N/B | 0.005516 | | | US TREASURY N/B | 0.005380 | | | US TREASURY N/B | 0.005200 | | | US TREASURY N/B | 0.004970 | | | US TREASURY N/B | 0.004948 | | | US TREASURY N/B | 0.004785 | | | US TREASURY N/B | 0.004769 | | | PFIZER INVSTMNT | 0.004401 | | | MARS INC SR UNSECURED 144A 03/28 4.6 | 0.003806 | | | UNITED MEXICAN | 0.003641 | | | META PLATFORMS | 0.003543 | ✓ | | BAT INTL FINANCE | 0.003410 | | | MARS INC | 0.003189 | | | NETFLIX INC | 0.003172 | | | Mexico Government International Bonds | 0.003105 | | | LOWE'S COS INC | 0.003018 | ✓ | | AMGEN INC | 0.002878 | | | REGIONS FINL | 0.002827 | ✓ | | ORACLE CORP | 0.002793 | | | MORGAN STANLEY | 0.002743 | | | BAT CAPITAL CORP | 0.002691 | ✓ | | KSA SUKUK LTD | 0.002662 | | | UNITED MEXICAN | 0.002645 | ✓ | | COF V5.463 07/26/30 | 0.002599 | | | US TREASURY N/B | 0.002585 | | | The Goldman Sachs Group, Inc. 4.153 10/21/2029 | 0.002577 | | | AT&T INC | 0.002543 | | | UBS GROUP | 0.002504 | | | AMEREN CORP | 0.002503 | | | PNC FINANCIAL | 0.002496 | ✓ | | SAUDI INTERNATIONAL BOND 5.125000% 01/13/2028 | 0.002474 | | | US TREASURY N/B | 0.002389 | | | ROYAL BK CANADA | 0.002345 | | | NORTHROP GRUMMAN | 0.002345 | | | GOLDMAN SACHS GP | 0.002341 | | | GOLDMAN SACHS GP | 0.002339 | | | SPRINT CAP CORP | 0.002331 | ✓ | | GOLDMAN SACHS GP | 0.002308 | | | US TREASURY N/B | 0.002284 | | | FIFTH THIRD BANC | 0.002257 | ✓ | | US TREASURY N/B | 0.002234 | | | ABBVIE INC | 0.002212 | | | T-MOBILE USA INC | 0.002203 | | ## Sources - N-PORT (fund A) — accession `0001532203-26-000041` (as of 2026-01-31) - N-PORT (fund B) — accession `0000106444-26-000145` (as of 2026-01-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _