Vanguard Global Credit Bond Admiral (VGCAX)
| Fund Assets | 797.09M |
| Expense Ratio | 0.25% |
| Min. Investment | $50,000 |
| Turnover | 157.00% |
| Dividend (ttm) | 0.93 |
| Dividend Yield | 4.81% |
| Dividend Growth | 9.29% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 19.39 |
| YTD Return | 4.79% |
| 1-Year Return | 4.74% |
| 5-Year Return | 5.30% |
| 52-Week Low | 18.69 |
| 52-Week High | 19.73 |
| Beta (5Y) | n/a |
| Holdings | 1577 |
| Inception Date | Nov 15, 2018 |
About VGCAX
Vanguard Global Credit Bond Fund Admiral Shares is a mutual fund focusing on global credit markets within the fixed income asset class. Its primary purpose is to provide a moderate and sustainable level of current income by investing at least 80% of its assets in a diverse array of debt securities, including both corporate and select non-corporate bonds, while generally excluding government-guaranteed instruments. The fund stands out for its higher-than-average credit quality, with a portfolio average rating of 'A', notably better than the typical peer rating of 'BBB'. Only a small portion, around 3%, is allocated to non-investment grade holdings, reflecting a conservative credit risk profile and moderate interest rate sensitivity. Geographically, the holdings span global issuers in sectors such as financials, industrials, and supranationals. The fund’s competitive advantage lies in its low net expense ratio of 0.25%, among the lowest in its category, which can help enhance long-term net returns. With an effective duration around 5.8 years and a trailing twelve-month yield of approximately 4.45%, the fund serves a role in portfolio diversification and income generation for institutional and qualifying individual investors seeking global exposure to credit markets.
Performance
VGCAX had a total return of 4.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.89%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VGCIX | Investor Shares | 0.35% |
Top 10 Holdings
8.23% of assets| Name | Symbol | Weight |
|---|---|---|
| BPCE SA | BPCEGP.V2.5 11.30.32 | 0.96% |
| British American Tobacco PLC | BATSLN.V3 PERP 5.25 | 0.94% |
| Mktliq 12/31/2049 | n/a | 0.90% |
| Citibank, N.A. | C.4.576 05.29.27 | 0.88% |
| Rothesay Life PLC | ROTHLF.3.375 07.12.26 | 0.86% |
| United States Treasury Notes | T.0.875 09.30.26 | 0.84% |
| Raiffeisen Bank International AG | RBIAV.V1.375 06.17.33 | 0.75% |
| Latvia (Republic Of) | LATVIA.2.875 05.21.30 GMTN | 0.74% |
| Mitsubishi UFJ Financial Group Inc. | MUFG.V4.08 04.19.28 | 0.68% |
| Inter-American Development Bank | IADB.4.375 07.16.35 GMTN | 0.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.2147 | Jul 1, 2025 |
| Mar 31, 2025 | $0.2036 | Apr 1, 2025 |
| Dec 23, 2024 | $0.2991 | Dec 24, 2024 |
| Sep 30, 2024 | $0.2142 | Oct 1, 2024 |
| Jun 28, 2024 | $0.209 | Jul 1, 2024 |
| Mar 28, 2024 | $0.1568 | Apr 1, 2024 |