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Morningstar

Vanguard Long-Term Corporate Bd Idx Adm VLTCX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 20.05  /  1.31 %
  • Total Assets 5.8 Bil
  • Adj. Expense Ratio
    0.070%
  • Expense Ratio 0.070%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Long-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 5.42%
  • Effective Duration 12.10 years

USD | NAV as of Nov 27, 2023 | 1-Day Return as of Nov 27, 2023, 11:21 PM GMT+0

Morningstar’s Analysis VLTCX

Will VLTCX outperform in 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 VLTCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the VLTCX 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 VLTCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Diversified exposure to long-term investment-grade corporate bonds at a low cost.

Director Bryan Armour

Bryan Armour

Director

Summary

Vanguard Long-Term Corporate Bond is an excellent choice for long-term investment-grade corporate bond exposure, thanks to a broadly diversified portfolio and rock-bottom fee. It sets a high hurdle for its Morningstar Category peers over the long run, earning it a Morningstar Analyst Rating of Gold.

by Bryan Armour
Rated on Published on

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Portfolio Holdings VLTCX

More VLTCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 2813
  • Other Holdings 2
  • % Assets in Top 10 Holdings 3.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

0.49
27,820,670
Corporate

Mktliq 12/31/2049

0.46
26,583,107
Cash and Equivalents

Goldman Sachs Group, Inc.

0.35
19,885,243
Corporate

Pfizer Investment Enterprises Pte Ltd.

0.33
19,164,615
Corporate

CVS Health Corp

0.33
18,764,879
Corporate

WarnerMedia Holdings Inc.

0.30
17,075,730
Corporate

The Boeing Company

0.28
15,832,376
Corporate

AT&T Inc

0.27
15,326,376
Corporate

AT&T Inc

0.27
15,199,727
Corporate

Wells Fargo & Company

0.26
14,707,677
Corporate