Global Short-Term Bond Index Fund
Global Short-Term Bond Index Fund - EUR Hedged Dist (VGSTERH)
Related Documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Global Aggregate Ex US MBS 1-5 Year Float Adjusted and Scaled Index (the “Index”).
- The Index includes global government, government-related agencies, corporate and securitised bonds, with a maturity between 1 and 5 years. Bloomberg applies a filter to the Index to exclude US Mortgage Backed Securities from the universe of fixed income securities.
- The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.
Fund facts
Share class inception
03 Oct 2023
Minimum initial investment
€1,000,000.00
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Tax status
Italy reporting
Dividend schedule
Quarterly
Currency
EUR
Index ticker
H34612EU
Benchmark
Bloomberg Global Aggregate Ex US MBS 1-5 Year Float Adjusted and Scaled Index in EUR
Investment manager
Vanguard Asset Management, Limited
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at 30 Sept 2026
Beta
—R²
— Annualized Tracking Error
1 year
3 years
—5 years
—Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 5,550 | 16,143 | 30 Sept 2026 |
| 4.4% | 4.5% | 30 Sept 2026 | |
| 3.2% | 3.2% | 30 Sept 2026 | |
| 2.9 Years | 2.9 Years | 30 Sept 2026 | |
| AA- | AA- | 30 Sept 2026 | |
| 2.7 Years | 2.7 Years | 30 Sept 2026 | |
| Cash Investment | -1.0% | — | 30 Sept 2026 |
Market allocation
As at 30 Sept 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 45.10% | 43.61% | 1.49% |
| Germany | Europe | 6.95% | 6.91% | 0.04% |
| France | Europe | 6.52% | 6.59% | -0.07% |
| Japan | Pacific | 4.67% | 4.79% | -0.12% |
| Canada | North America | 4.38% | 4.37% | 0.01% |
| United Kingdom | Europe | 4.01% | 3.96% | 0.05% |
| Italy | Europe | 3.96% | 3.95% | 0.01% |
| Supranational | Other | 3.71% | 3.83% | -0.12% |
| Spain | Europe | 2.83% | 2.75% | 0.08% |
| Australia | Pacific | 2.03% | 2.14% | -0.11% |
| South Korea | Pacific | 1.87% | 1.83% | 0.04% |
| Netherlands | Europe | 1.44% | 1.46% | -0.02% |
| Sweden | Europe | 1.33% | 1.22% | 0.11% |
| China | Emerging Markets | 1.05% | 1.26% | -0.21% |
| Switzerland | Europe | 0.83% | 0.81% | 0.02% |
As at 30 Sept 2026
| Credit Rating | |
|---|---|
| AAA | 16.53% |
| AA | 41.02% |
| A | 25.44% |
| BBB | 16.68% |
| Not Rated | 0.34% |
Distribution by credit issuer (% of funds)
As at 30 Sept 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 57.61% |
| Gov-Related-Provincials/Municipals | 0.02% |
| Gov-Related-Agencies | 5.56% |
| Gov-Related-Local Authority | 3.00% |
| Gov-Related-Sovereign | 1.48% |
| Gov-Related-Supranational | 3.71% |
| Corporate-Industrials | 11.11% |
| Corporate-Utilities | 1.66% |
| Corporate-Financial Institutions | 11.30% |
| Securitized-Asset Backed Security | 3.86% |
| Securitized-Commercial Mortgage Backed Security | 0.67% |
| Cash | -0.99% |
| Other | 1.01% |
Distribution by credit maturity (% of funds)
As at 30 Sept 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.22% |
| 1 - 2 Years | 29.33% |
| 2 - 3 Years | 23.69% |
| 3 - 4 Years | 22.02% |
| 4 - 5 Years | 21.96% |
| Over 5 Years | 2.79% |
Holdings details
As at 30 Sept 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.64938% | €50,750,906.25 | 50,910,000 | 5.00% | 30 Sept 2031 |
| United States Treasury Note/Bond | 0.55008% | €42,990,556.87 | 46,145,000 | 1.25% | 30 Sept 2028 |
| United States Treasury Note/Bond | 0.51484% | €40,236,642.78 | 40,775,000 | 4.00% | 31 May 2028 |
| United States Treasury Note/Bond | 0.50413% | €39,399,232.03 | 42,315,000 | 1.38% | 31 Oct 2028 |
| United States Treasury Note/Bond | 0.48570% | €37,959,270.54 | 44,860,000 | 0.88% | 15 Nov 2030 |
| United States Treasury Note/Bond | 0.47411% | €37,053,056.25 | 43,785,000 | 0.63% | 15 Aug 2030 |
| United Kingdom Gilt | 0.47199% | €36,887,321.69 | 27,900,000 | 4.38% | 07 Mar 2028 |
| United States Treasury Note/Bond | 0.46691% | €36,490,578.13 | 43,025,000 | 1.13% | 15 Feb 2031 |
| French Republic Government Bond OAT | 0.45524% | €35,578,446.23 | 32,501,496 | 0.75% | 25 Feb 2028 |
| French Republic Government Bond OAT | 0.44729% | €34,956,884.66 | 32,187,010 | 0.75% | 25 May 2028 |
Prices and distribution
Prices
NAV Price (EUR)
€99.20
EURChange
+€0.220.23% At closure 22 Oct 2026
NAV 52-week high
€103.29
At closure 23 Oct 2026
NAV 52-week low
€98.64
At closure 23 Oct 2026
NAV 52-week difference
€4.65
Change
+4.50% At closure 23 Oct 2026
Historical Prices
-
Inception date
03 Oct 2023
| Date | NAV (EUR) |
|---|---|
| 22 Oct 2026 | €99.2048 |
| 21 Oct 2026 | €98.9802 |
| 20 Oct 2026 | €99.0360 |
| 19 Oct 2026 | €99.0210 |
| 16 Oct 2026 | €99.1395 |
| 15 Oct 2026 | €99.0807 |
| 14 Oct 2026 | €99.0060 |
| 13 Oct 2026 | €98.9159 |
| 12 Oct 2026 | €98.8955 |
| 09 Oct 2026 | €98.8734 |
Distribution history
Distribution frequency
Quarterly
Historical performance 30 Sept 2026
3.54%
| Type | Distribution amount (per unit) | Ex-dividend date | Registration date | Payable date |
|---|---|---|---|---|
| Income | €0.8602 | 30 Sept 2026 | 29 Sept 2026 | 14 Oct 2026 |
| Income | €0.8913 | 30 Jun 2026 | 29 Jun 2026 | 14 Jul 2026 |
| Income | €0.8811 | 31 Mar 2026 | 30 Mar 2026 | 16 Apr 2026 |
| Income | €0.8627 | 31 Dec 2025 | 30 Dec 2025 | 15 Jan 2026 |
| Income | €0.8438 | 30 Sept 2025 | 29 Sept 2025 | 14 Oct 2025 |
| Income | €0.8420 | 30 Jun 2025 | 27 Jun 2025 | 14 Jul 2025 |
| Income | €0.8279 | 31 Mar 2025 | 28 Mar 2025 | 14 Apr 2025 |
| Income | €0.8806 | 31 Dec 2024 | 30 Dec 2024 | 15 Jan 2025 |
| Income | €0.8266 | 30 Sept 2024 | 27 Sept 2024 | 14 Oct 2024 |
| Income | €0.8275 | 28 Jun 2024 | 27 Jun 2024 | 12 Jul 2024 |
Purchase information
Currency
Base currency:EUR
Fund codes
- Bloomberg:VGSTERH
- Citi:AH9NL
- ISIN:IE000ZIEFDC9
- MEX ID:VIAAPQ
- SEDOL:BM9B4V6