Morningstar

Vanguard Long-Term Corporate Bond Index Fund Institutional Shares VLCIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $23.59  /  +1.46 %
  • Fund Size $8.9B
  • Adjusted Expense Ratio 0.030%
  • Net Expense Ratio 0.040%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Long-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $5M
  • Investment Status Open
  • TTM Yield 5.50%
  • Average Effective Duration 11.62 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VLCIX

Will VLCIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VLCIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VLCIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VLCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Long-term corporate bonds at a low cost.

Associate Analyst Brian Paoli

Brian Paoli

Associate Analyst

Summary

Vanguard Long-Term Corporate Bond ETF offers diversified exposure to the long-maturity corporate bond market at a rock-bottom price, making it a compelling choice in the long-term bond Morningstar Category.

by Brian Paoli
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Portfolio Holdings VLCIX

More VLCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mktliq 12/31/2049

1.04 85M
Cash and Equivalents

Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc

0.37 31M
Corporate

United States Treasury Bonds

0.36 29M
Government

CVS Health Corp

0.33 27M
Corporate

Boeing Co.

0.27 22M
Corporate

Meta Platforms Inc

0.27 22M
Corporate

AT&T Inc

0.24 20M
Corporate

AT&T Inc

0.24 20M
Corporate

Goldman Sachs Group, Inc.

0.24 20M
Corporate

CVS Health Corp

0.24 20M
Corporate

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