BSVVanguard Short-Term Bond ETF
BSV Fund Description
The Vanguard Short-Term Bond ETF tracks a market-weighted index of US-government bonds, investment-grade corporate and investment-grade international dollar-denominated bonds with maturities of 1-5 years.
BSV Factset Analytics Insight
BSV is a large, liquid ETF that holds a mix of investment-grade, dollar-denominated debt issued in the US with 1-5 years remaining in maturity. Treasurys dominate the basket, which also includes corporates, agency issues, and a small amount of foreign debt issued in USD. “Short-term” is in the eye of beholder: The inclusion of bonds maturing in 3 to 5 years gives BSV a longer-dated portfolio than our benchmark, which tracks bonds in the 1- to 3-year bucket exclusively. The hefty chunk of longer-dated bonds increases BSV’s weighted average maturity, interest-rate risk and yield compared with our benchmark.
The exposure comes cheap—a low fee, solid tracking and strong trading volume keep all-in costs low. We estimate underlying liquidity to be middling, which is par for the course. The lone, small drawback for BSV is the issuer’s lack of transparency, as holdings are only posted monthly with a two-week lag. Note: Former rival ISTB changed indexes in 2014 to include high-yield bonds, which BSV avoids.
BSV MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the Vanguard Short-Term Bond ETF MSCI ESG Fund Quality Score is 6.39 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. BSV ranks in the 85th percentile within its peer group and in the 81st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
BSV CHARTS AND PERFORMANCE
BSV Top 10 Countries [View All]
BSV Top 10 Sectors
BSV Top 10 Holdings [View All]
BSV Summary Data
BSV Portfolio Data
BSV Index Data
BSV Portfolio Management
BSV Tax Exposures
BSV Fund Structure
BSV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BSV. BSV is rated a 5 out of 5.
BSV Sector/Industry Breakdown
BSV Top 10 Holdings[View All]
BSV Top 5 Countries
BSV Top 5 Currencies
BSV Economic Development
BSV Performance Statistics
BSV MSCI ESG Ratings
BSV HOLDINGS STATISTICS
BSV MATURITY DISTRIBUTION
BSV CREDIT BREAKDOWN
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.