Both ASBAX and VFSIX are mutual funds. ASBAX has a lower 5-year return than VFSIX (0.78% vs 1.47%). ASBAX has a higher expense ratio than VFSIX (0.67% vs 0.07%). Below is the comparison between ASBAX and VFSIX.
|Security Type||Mutual fund||Mutual fund|
|Segment||Taxable Fixed Income: Short-term Bond||Taxable Fixed Income: Short-term Bond|
The Fund seeks to provide current income by maintaining a portfolio having a dollar-weighted average effective maturity no greater than three years and consisting primarily of debt securities with a quality rating of AA, Aa3 or better, or if unrated securities determined by the adviser to be of equivalent quality.
ASBAX performance & returns
Top 10 Holdings (17.08% of Total Assets)
|United States Treasury Notes 0.13%||N/A||4.78%|
|US Treasury Note 0.12%||N/A||3.02%|
|United States Treasury Notes 1.62%||N/A||2.61%|
|United States Treasury Notes 1.75%||N/A||2.51%|
|United States Treasury Notes 1.5%||N/A||2.21%|
|United States Treasury Notes 0.12%||N/A||1.95%|
ASBAX prosNone that we could think of.
The following are ASBAX weaknesses from our perspective:
- ASBAX 3-year return is 0.43%, which is lower than the 3-year return of the benchmark index (Bloomberg Government/Credit 1-3 Yr Ex Baa TR USD), 0.78%.
- ASBAX 5-year return is 0.78%, which is lower than the 5-year return of the benchmark index (Bloomberg Government/Credit 1-3 Yr Ex Baa TR USD), 1.1%.
- ASBAX 10-year return is 0.66%, which is lower than the 10-year return of the benchmark index (Bloomberg Government/Credit 1-3 Yr Ex Baa TR USD), 0.97%.
- ASBAX 15-year return is 1.21%, which is lower than the 15-year return of the benchmark index (Bloomberg Government/Credit 1-3 Yr Ex Baa TR USD), 1.84%.
- ASBAX expense ratio is 0.67%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
- Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.3%, while the maximum front-end sales load is 2.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
Other relevant ASBAX comparisons
You may also want to check out the following ASBAX comparisons that investors often look for on Finny
- ASBAX vs VFSUX
- ASBAX vs VBIRX
- ASBAX vs VFSIX
- ASBAX vs AIBAX
- ASBAX vs VISTX
- ASBAX vs THIIX
- ASBAX vs VFSTX
- ASBAX vs VBIPX
- ASBAX vs VBITX
- ASBAX vs DBLSX
The Fund seeks a high level of current income and capital appreciation by investing primarily in investment-grade fixed income securities that have an average maturity of one to three years.
VFSIX performance & returns
Top 10 Holdings (1.65% of Total Assets)
|CVS Health Corp||N/A||0.61%|
|United States Treasury Notes||N/A||0.57%|
|Federal National Mortgage Association||N/A||0.47%|
The following are VFSIX strengths from our perspective:
- VFSIX 5-year return is 1.47%, which is in line with the 5-year return of the benchmark index (Bloomberg Credit 1-5 Yr TR USD), 1.6%.
- VFSIX 10-year return is 1.85%, which is in line with the 10-year return of the benchmark index (Bloomberg Credit 1-5 Yr TR USD), 1.96%.
- VFSIX expense ratio is 0.07%, which is considered low. Nice job picking a low-cost fund.
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
The following are VFSIX weaknesses from our perspective:
Other relevant VFSIX comparisons
You may also want to check out the following VFSIX comparisons that investors often look for on Finny
- VFSIX vs VFSUX
- VFSIX vs VBIRX
- VFSIX vs AIBAX
- VFSIX vs VISTX
- VFSIX vs THIIX
- VFSIX vs VFSTX
- VFSIX vs VBIPX
- VFSIX vs VBITX
- VFSIX vs DBLSX
- VFSIX vs PTLDX