Vanguard Interm-Term Corp Bd Idx Instl (VICBX)
| Fund Assets | 55.93B |
| Expense Ratio | 0.05% |
| Min. Investment | $5,000,000 |
| Turnover | 72.00% |
| Dividend (ttm) | 1.25 |
| Dividend Yield | 4.50% |
| Dividend Growth | 11.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 27.63 |
| YTD Return | 6.17% |
| 1-Year Return | 5.83% |
| 5-Year Return | 3.52% |
| 52-Week Low | 26.42 |
| 52-Week High | 28.01 |
| Beta (5Y) | n/a |
| Holdings | 2187 |
| Inception Date | Nov 19, 2009 |
About VICBX
Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares is a mutual fund designed to provide broad exposure to investment-grade corporate bonds with intermediate maturities, typically between five and ten years. Its primary objective is to closely track the performance of the Bloomberg US 5-10 Year Corporate Bond Index, employing a passive investment strategy that relies on representative sampling of the index's constituents. The fund focuses mainly on U.S. corporate issuers across sectors such as financials, healthcare, communications, and industrials, emphasizing securities with strong credit ratings. As of recent data, it holds over 2,200 bonds, ensuring broad diversification and mitigating individual issuer risk. The fund targets institutional investors with a high minimum initial investment and features a notably low expense ratio, further enhancing its cost efficiency. With over $20 billion in assets, it plays a significant role in the corporate fixed-income market, offering a balance between yield and interest rate sensitivity, and is commonly used by organizations seeking steady income and moderate risk exposure within their fixed-income allocations.
Performance
VICBX had a total return of 5.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.49%.
Equivalent ETF
VICBX has an equivalent ETF with the ticker symbol VCIT, the Vanguard Intermediate-Term Corporate Bond ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.04% compared to 0.05% for VICBX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 0.04% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VICSX | Admiral Shares | 0.07% |
Top 10 Holdings
2.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Mktliq 12/31/2049 | n/a | 0.38% |
| Bank of America Corp. | BAC.V5.468 01.23.35 | 0.30% |
| Pfizer Investment Enterprises Pte Ltd. | PFE.4.75 05.19.33 | 0.27% |
| Bank of America Corp. | BAC.V5.015 07.22.33 MTN | 0.27% |
| JPMorgan Chase & Co. | JPM.V4.912 07.25.33 | 0.26% |
| Amgen Inc. | AMGN.5.25 03.02.33 | 0.26% |
| Wells Fargo & Co. | WFC.V5.557 07.25.34 MTN | 0.25% |
| Verizon Communications Inc. | VZ.2.355 03.15.32 | 0.24% |
| JPMorgan Chase & Co. | JPM.V5.35 06.01.34 | 0.24% |
| Bank of America Corp. | BAC.V5.872 09.15.34 | 0.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.1134 | Aug 1, 2025 |
| Jun 30, 2025 | $0.1068 | Jul 1, 2025 |
| May 30, 2025 | $0.1092 | Jun 2, 2025 |
| Apr 30, 2025 | $0.1049 | May 1, 2025 |
| Mar 31, 2025 | $0.1062 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0954 | Mar 3, 2025 |