Vanguard Intermediate-Term Treasury Index Fund Admiral Shares (VSIGX) Fund Overview

Vanguard Intermediate-Term Treasury Index Fund Admiral Shares (VSIGX) Financial Services Profile

Vanguard Intermediate-Term Treasury Index Fund Admiral Shares (VSIGX) provides investors with exposure to U.S. Treasury bonds within the 3-10 year maturity range, mirroring the Bloomberg US Treasury 3-10 Year Bond Index. As a passively managed fund, VSIGX offers a low-cost, diversified approach to fixed income investing, backed by the full faith and credit of the U.S. government.

What Is the Investment Thesis for VSIGX?

VSIGX presents a compelling option for investors seeking exposure to intermediate-term U.S. Treasury bonds. The fund's passive management style and low expense ratio make it a cost-effective choice for accessing this segment of the fixed income market. With a market cap of $48.80 billion, VSIGX offers substantial liquidity. Key value drivers include the fund's ability to track the Bloomberg US Treasury 3-10 Year Bond Index accurately and its reduced risk of default due to the backing of the U.S. government. A potential catalyst is increased demand for safe-haven assets during periods of economic uncertainty. A key risk is interest rate fluctuations, which can negatively impact the fund's value. The fund's beta of 0.81 suggests moderate volatility relative to the broader market.

Based on FMP financials and quantitative analysis

VSIGX Key Highlights

VSIGX tracks the Bloomberg US Treasury 3-10 Year Bond Index, providing exposure to a specific segment of the fixed income market.

• The fund's passive management style results in a low expense ratio, making it a cost-effective investment option.
• With a market cap of $48.80 billion, VSIGX offers substantial liquidity for investors.
• The fund's holdings are backed by the full faith and credit of the U.S. government, reducing the risk of default.
• VSIGX has a beta of 0.81, indicating moderate volatility compared to the overall market.

Who Are VSIGX's Competitors?

VSIGX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are VSIGX's Key Strengths?

Low expense ratio

• Passive management style
• Diversified portfolio of U.S. Treasury bonds
• Backed by the full faith and credit of the U.S. government

What Are VSIGX's Weaknesses?

Subject to interest rate risk

• Limited potential for outperformance compared to actively managed funds
• No dividend yield
• Performance tied directly to the Bloomberg US Treasury 3-10 Year Bond Index

What Are the Key Risks for VSIGX?

Interest rate risk, where rising rates can decrease the fund's value.

• Inflation eroding the real value of the fund's returns.
• Changes in the U.S. government's credit rating, although unlikely, could impact the fund.
• Unexpected changes in monetary policy by the Federal Reserve.

What Threats Does VSIGX Face?

• Unexpectedly rapid increases in interest rates
• Changes in the composition or methodology of the Bloomberg US Treasury 3-10 Year Bond Index
• Increased competition from other low-cost fixed income funds
• Inflation eroding the real value of fixed income investments

What Are VSIGX's Competitive Advantages?

• Low Expense Ratio: VSIGX's low expense ratio provides a cost advantage over actively managed funds.
• Scale: As part of the Vanguard Group, VSIGX benefits from economies of scale and brand recognition.
• Passive Management: The fund's passive management style reduces the need for active trading and research, lowering costs.
• U.S. Government Backing: The fund's holdings are backed by the full faith and credit of the U.S. government, reducing the risk of default.

What Does VSIGX Do?

Vanguard Intermediate-Term Treasury Index Fund Admiral Shares (VSIGX) is designed to track the performance of the Bloomberg US Treasury 3-10 Year Bond Index. This index comprises U.S. Treasury bonds with maturities ranging from 3 to 10 years, excluding inflation-protected securities. VSIGX offers investors a straightforward way to access the intermediate-term Treasury market. The fund's investment approach is passive, aiming to replicate the index's performance rather than actively selecting securities. This strategy typically results in lower expense ratios compared to actively managed funds. VSIGX is suitable for investors seeking a relatively low-risk fixed income investment, as the underlying bonds are backed by the U.S. government. However, the fund is subject to interest rate risk, meaning that its value can fluctuate as interest rates change. The fund is part of the Vanguard Group's suite of Admiral Shares, which are designed for investors with larger account balances and offer lower expense ratios than Vanguard's Investor Shares. The fund's objective is to provide interest income while maintaining a moderate level of price and income fluctuation.

What Products and Services Does VSIGX Offer?

• Tracks the performance of the Bloomberg US Treasury 3-10 Year Bond Index.
• Invests in U.S. Treasury bonds with maturities between 3 and 10 years.
• Provides investors with exposure to the intermediate-term Treasury market.
• Offers a low-cost, passively managed investment option.
• Seeks to provide interest income while maintaining moderate price and income fluctuations.
• Offers a reduced risk of default due to the backing of the U.S. government.

How Does VSIGX Make Money?

• Generates revenue through management fees charged to investors.
• Aims to replicate the performance of the Bloomberg US Treasury 3-10 Year Bond Index.
• Operates as a passively managed fund, minimizing active trading and research costs.

What Industry Does VSIGX Operate In?

VSIGX operates within the asset management industry, specifically focusing on fixed income investments. The fund competes with other index funds and ETFs that track similar Treasury bond indices. The market for fixed income investments is influenced by factors such as interest rates, inflation, and economic growth. As of 2026, demand for fixed income assets remains strong, driven by investors seeking stability and income in a volatile market environment. VSIGX's focus on U.S. Treasury bonds positions it as a relatively low-risk option within the broader fixed income landscape.

Who Are VSIGX's Key Customers?

• Individual investors seeking fixed income exposure.
• Institutional investors looking for low-risk investments.
• Retirement savers seeking to diversify their portfolios.
• Financial advisors recommending fixed income allocations.

VSIGX Financials

VSIGX Latest News

VSIGX Analyst Consensus

VSIGX MoonshotScore

Vanguard Intermediate-Term Treasury Index Fund Admiral Shares Financials Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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