Vanguard Fixed Income Securities Funds renamed Vanguard Short-Term Federal Fund as Vanguard Short-Term Government Securities Active Fund effective September 3, 2026. For investors, the update changes the fund’s identification while leaving its Investment objective, principal investment strategies and policies unchanged across the affected prospectus materials.

Key Highlights

  • The relevant prospectus and summary prospectus materials are dated May 28, 2026.
  • References to Vanguard Short-Term Federal Fund are being replaced with the new fund name throughout the materials.
  • The prospectus supplement carries identifier PS 028D 092026, while the Statement of Additional Information supplement carries SAI 028D 092026.

Vanguard Fixed Income Securities Funds renamed Vanguard Short-Term Federal Fund as Vanguard Short-Term Government Securities Active Fund effective September 3, 2026. The revised name applies to the fund, while its investment objective, principal strategies and policies remain unchanged.

New Name Replaces Former Designation

Prospectus materials dated May 28, 2026 now carry a supplement dated September 3, 2026 for the renamed fund. The revised designation is Vanguard Short-Term Government Securities Active Fund, replacing Vanguard Short-Term Federal Fund wherever the earlier name appears. The prospectus supplement also accompanies the fund’s summary prospectus, and references in those materials use the new designation. The supplement carries identifier PS 028D 092026. That document supplements the version dated May 28, 2026.

Investment Mandate Remains Unchanged

Vanguard Fixed Income Securities Funds says the fund’s investment objective remains unchanged after the renaming. The same terms apply across the prospectus and the Statement of Additional Information, where the former fund name is replaced by Vanguard Short-Term Government Securities Active Fund.