VTIPX Mutual Fund — Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares

Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX)

Updated October 16, 2026.

VTIPX is a low-cost Mutual Fund. its distribution rate is 4.72%, its trailing-12-month yield is 4.72%, its expense ratio is 0.14%. Dividend Vision Distribution Safety Score™ is 69/100 (Generally safe). Total return is 33.6% over the past 14 years, 533.1 points behind SPY at 566.7%.

Vanguard's mutual fund tracks a market-capitalization-weighted index of U.S. Treasury Inflation-Protected Securities (TIPS) with less than five years to maturity, providing exposure to short-term inflation-hedged government debt. The fund carries a low expense ratio of 0.14% and distributes income regularly, currently at a modest rate. This fund appeals to income and conservative investors seeking inflation protection with minimal interest-rate risk through short-duration Treasury securities.

VTIPX performance versus SPY

Price and return data through 2026-10-16.

Total return is 33.6% over the past 14 years, 533.1 points behind SPY at 566.7%. Over the past year its total return — price change plus distributions reinvested — is 1.6%. Its deepest 1-year drawdown was 1.3%.

VTIPX key facts

Distribution Safety Score™

69 · Generally safe

Safety-Adjusted Yield

3.26%

Issuer

Vanguard

Asset type

Mutual Fund

Asset class

Fixed Income

Inception date

10/12/2012

Expense ratio

0.14%

Distribution rate

4.72%

Distribution frequency

Quarterly

Trailing yield

4.72%

Last close

$24.38 (as of 2026-10-16)

NAV

$24.12 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$29,956,400,000

Average volume

0.0

Dividend

$0.461

Ex-dividend date

10/01/2026

Beta

0.22

How Dividend Vision calculates yield and returns

Distribution rate (4.72%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.72%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Vanguard or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

VTIPX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.3%.

Who may consider VTIPX — and who may not

VTIPX may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (VTIPX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Tagged: Mutual Fund.

Frequently asked questions

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