Vanguard Long-Term Corporate Bd Idx Ins (VLCIX)
| Fund Assets | 7.46B |
| Expense Ratio | 0.05% |
| Min. Investment | $5,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 1.38 |
| Dividend Yield | 5.50% |
| Dividend Growth | 8.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 25.16 |
| YTD Return | 4.70% |
| 1-Year Return | 0.86% |
| 5-Year Return | -13.06% |
| 52-Week Low | 23.99 |
| 52-Week High | 27.38 |
| Beta (5Y) | n/a |
| Holdings | 1871 |
| Inception Date | Nov 19, 2009 |
About VLCIX
Vanguard Long-Term Corporate Bond Index Fund Institutional Shares is a mutual fund that seeks to track the performance of the Bloomberg U.S. 10+ Year Corporate Bond Index, a widely recognized benchmark for long-term, investment-grade, U.S. dollar-denominated corporate bonds. The fund primarily invests in fixed-rate, taxable securities issued by industrial, utility, and financial companies, each with maturities exceeding ten years. By employing a passive management approach, the fund delivers broad, diversified exposure to the long-term segment of the U.S. investment-grade corporate bond market. This fund is designed for institutional investors, featuring a low expense ratio and a high minimum investment requirement. With a substantial asset base, the fund plays a key role in fixed-income portfolios seeking income generation and a focus on credit quality. Distributions are typically paid monthly, and the fund's long-duration profile makes it sensitive to changes in interest rates, providing diversified options for institutions aiming to balance risk and potential return within the broader fixed income landscape.
Performance
VLCIX had a total return of 0.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.
Equivalent ETF
VLCIX has an equivalent ETF with the ticker symbol VCLT, the Vanguard Long-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 VLCIX.
| Symbol | Name | Expense Ratio |
|---|---|---|
| VCLT | Vanguard Long-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 |
|---|---|---|
| VLTCX | Admiral Shares | 0.07% |
Top 10 Holdings
3.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc | ABIBB.4.9 02.01.46 * | 0.67% |
| CVS Health Corp | CVS.5.05 03.25.48 | 0.39% |
| AT&T Inc | T.3.5 09.15.53 | 0.38% |
| The Boeing Company | BA.5.805 05.01.50 | 0.36% |
| Wells Fargo & Co. | WFC.V5.013 04.04.51 MTN | 0.33% |
| Amgen Inc. | AMGN.5.65 03.02.53 | 0.30% |
| CVS Health Corp | CVS.4.78 03.25.38 | 0.29% |
| Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc | ABIBB.4.7 02.01.36 * | 0.29% |
| AT&T Inc | T.3.55 09.15.55 | 0.29% |
| Pfizer Investment Enterprises Pte Ltd. | PFE.5.3 05.19.53 | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.1414 | Aug 1, 2025 |
| Jun 30, 2025 | $0.1129 | Jul 1, 2025 |
| May 30, 2025 | $0.1231 | Jun 2, 2025 |
| Apr 30, 2025 | $0.1193 | May 1, 2025 |
| Mar 31, 2025 | $0.118 | Apr 1, 2025 |
| Feb 28, 2025 | $0.101 | Mar 3, 2025 |