VISTX
VANGUARD INSTITUTIONAL SHORT-TERM BOND FUND
VANGUARD MALVERN FUNDS

Average annual returns

Through 2025
1 year
5.67%
3 year
5.25%
5 year
2.31%
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

81 months through March 31, 2026
Volatility (ann.)
1.63%
Sharpe
2.96
Sortino
9.27
Max drawdown
-5.27%
Best month
1.34%
Worst month
-1.23%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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