Fixed Income Research · Short-Duration Investment Grade

The U.S. Investment-Grade Universe Inside Five Years

Every USD-denominated investment-grade note with roughly five years or less to maturity, reconstructed at the individual-bond level from published fund constituent data and segmented by sector. Real issuers, coupons, maturities, and CUSIPs, not index summaries.

Holdings as of 30 June 2026 Source universe: Vanguard VCSH (1–5yr IG corp) & VWOB (EM sovereign) Compiled 19 July 2026 Asmal Digital · Business OS
30-Day SEC Yield
4.73%
Yield to Maturity
4.8%
Eff. Duration
2.7 yrs
IG Corp Notes
2,887
Issuers
865
Sectors
15

Fund-level yield and duration are the published VCSH figures; the note count, issuer count, and sector split are derived directly from the 2,887 corporate holdings maturing on or before 2031 (weighted-average coupon 4.27%, weighted-average 3.17 years to maturity, cross-checked against Vanguard’s stated 3.1-year average maturity).

Bid / Offer and Last Price

Two venues, side by side

A two-sided dealer market at the New York 5pm close is licensed data (Bloomberg, Tradeweb, MarketAxess) and is not public. So this shows the two public angles side by side for a sector-diverse set of the most liquid names. Left: real closing bid, ask, and spread from Börse Frankfurt, a regulated exchange, at its 17:30 CEST close, which is 11:30 in New York. Right: the US TRACE tape (via Moment) last traded price and yield through the US session, the closest public read on the New York close, though it is a last print, not a two-sided quote.

Börse Frankfurt close · 11:30 ET US TRACE · NY session
IssuerSectorCouponMaturity BidAskSpread LastYield

Sector Allocation

% of fund weight · corporate notes maturing ≤ 2031

The Full Universe

Issuer Sector Coupon Maturity CUSIP ISIN Weight ↓ Domicile

Emerging-Market Sovereign Sleeve

USD-denominated · investment-grade only · ≤ 2031

A separate, conservatively filtered set: 105 USD sovereign notes from 14 countries that carry firmly investment-grade ratings. Sub-investment-grade and split-rated issuers present in the parent fund (Turkey, Nigeria, Egypt, Colombia, Bahrain, Oman, South Africa, Argentina) were deliberately excluded so nothing in this list is mislabeled on credit quality.

CountryRating bandCouponMaturity CUSIPISINWt %
Rating bands show Moody’s / S&P / Fitch broad buckets as of mid-2026. Ratings move; confirm live per issuer before use. Parent fund VWOB carries a 6.7-year duration across all maturities; this sleeve is filtered to the short end only.

How this was built, and what it is not

  • Source. Full daily constituent files published by the fund issuer (Vanguard), pulled at the bond level: issuer, coupon, maturity, face, market value, CUSIP, ISIN, portfolio weight. 3,017 corporate lines and 921 sovereign lines as of 30 June 2026.
  • Filter. Corporates restricted to maturities on or before 2031 (2,887 notes), giving every line roughly five years or less to run. Effective portfolio duration is 2.7 years.
  • Sectors. Assigned by a transparent, rule-based classifier on issuer identity; 95.3% of weight is classified, the residual 4.75% sits in “Other / Diversified” (all sub-0.1% individual positions).
  • EM sleeve. Whitelisted to established investment-grade sovereigns only; junk and split-rated names removed.
  • What this is not. Not non-public data, no such data is legally obtainable by scraping, and not investment advice. Per-bond live yield and price are available on request via FINRA TRACE by CUSIP; the coupons shown are contractual, not current market yields.
Method: individual-bond reconstruction from public constituent files via Firecrawl / direct retrieval, classified and filtered programmatically. The value is the assembly, an issue-level, sector-tagged, quality-screened universe compiled in one place, not any secret source.