Tesla
Dividend Schedule
Ranking of U.S. Stocks
Ranking of Brazilian ETFs
Crypto Rankings
4.0
The Vanguard Intermediate-Term Corporate Bond ETF (VCIT) is an exchange-traded fund designed to track the performance of an index composed of investment-grade corporate debt securities issued by U.S. companies, with maturities concentrated in the intermediate term. The ETF is managed by Vanguard and trades under the ticker VCIT in the U.S. market.
Classified as an international fixed income ETF, VCIT aims to reflect, before fees and expenses, the performance of a diversified portfolio of high-quality corporate bonds. To achieve this objective, the fund follows a passive management strategy, maintaining a portfolio that seeks to replicate the composition and characteristics of its reference index.
The index tracked by VCIT consists of investment-grade corporate bonds weighted according to market-based criteria, such as outstanding value and liquidity. The index undergoes periodic reviews, including additions, removals, and rebalancing, which are mirrored by the ETF to maintain consistency with the defined methodology. This approach seeks to reflect the dynamics of the U.S. intermediate-term corporate credit market.
Diversification and sector exposure
VCIT provides broad exposure to the U.S. corporate credit market, covering issuers across multiple economic sectors. Sector diversification includes areas such as:
Financial sector.
Industrial sector.
Information technology.
Healthcare.
Consumer discretionary.
Consumer staples.
Utilities.
This composition supports risk diversification and represents different segments of the U.S. corporate economy.
Structure and costs
Shares of VCIT are traded on the secondary market, allowing investors to buy and sell throughout the trading session. Share creation and redemption are conducted through authorized participants, a mechanism that helps keep the ETF’s market price close to its net asset value (NAV).
The fund charges a management fee, which is typical for passively managed fixed income ETFs, and does not apply a performance fee. VCIT distributes income derived from interest payments on the bonds held in its portfolio, in accordance with its distribution policy.
History and evolution of the ETF
The Vanguard Intermediate-Term Corporate Bond ETF was launched during a period marked by the expansion of the ETF industry and increasing demand for exchange-traded fixed income solutions.
Over time, the fund established itself as a vehicle for exposure to intermediate-term corporate bonds, aligned with the broader adoption of passive strategies in fixed income markets.
Additional Information
Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares (United States) is an exchange-traded fund (ETF), with assets under management totaling $69.00 billion.
Over the past 12 months, Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares recorded a return of -0.98%, with its price trading between $79.60 and $84.82 during the same period.
The ETF is traded under the ticker VCIT.
