VBCF Vanguard Target Maturity 2032 Corporate Bond ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 72.47 | Day Range | 72.42 – 72.49 |
| 52-Week Range | 71.94 – 76.52 | Volume | 3.76K |
| Avg Volume | 8.46K | AUM | $43.2M (Oct 10, 2026) |
| Expense Ratio | 0.08% | Yield (TTM) | 2.12% |
| NAV | 72.36 | Premium/Discount | +0.15% indicative |
| Inception | Mar 24, 2026 | Holdings | — |
| Issuer | Vanguard | Exchange | NASDAQ |
| Category | Corporate Bonds | Index Tracked | Not stated in source data |
| CUSIP | 921938858 | ISIN | US9219388587 |
| Management | Not stated in source data | ||
About this ETF
VBCF is an exchange-traded fund belonging to Vanguard's Target Maturity Corporate Bond series. Distinct from a typical bond fund, this ETF is structured to perform more like a single bond. It offers a precise, fixed maturity date of December 15, 2032, meaning its exposure to the US corporate investment-grade bond market is tied to this specific end date, rather than continuously maintaining a particular maturity profile. As the fund progresses towards its maturity, its remaining term, interest rate sensitivity (duration), and yield-to-maturity will gradually decrease. Upon reaching its target date, VBCF will undergo liquidation, distributing all capital back to its investors. This unique design makes it an ideal component for constructing a bond ladder strategy. Ultimately, the fund provides an effective pathway to invest in a diverse collection of high-quality US corporate bonds, emulating the entire lifespan of an individual debt instrument.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -2.00% | -3.46% | -4.43% | — | — | — | — | — | -2.95% |
| Total return | -2.00% | -3.08% | -3.22% | — | — | — | — | — | -1.71% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.08% | Annual cost of a $10,000 investment | $8.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 386 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Bank of America Corp 5.01% 07/22/2033 | — | 1.39% | 6.02K | $594.6K |
| 2 | Wells Fargo & Co 3.35% 03/02/2033 | — | 1.08% | 5.08K | $461.0K |
| 3 | Citigroup Inc 6.27% 11/17/2033 | — | 1.06% | 4.32K | $452.9K |
| 4 | JPMorgan Chase & Co 4.91% 07/25/2033 | — | 1.03% | 4.47K | $439.4K |
| 5 | Wells Fargo & Co 4.90% 07/25/2033 | — | 1.01% | 4.41K | $431.5K |
| 6 | Meta Platforms Inc 3.85% 08/15/2032 | — | 0.99% | 4.55K | $421.9K |
| 7 | AerCap Ireland Capital DAC / AerCap Global… | — | 0.98% | 4.65K | $419.5K |
| 8 | Goldman Sachs Group Inc/The 3.10% 02/24/2033 | — | 0.97% | 4.63K | $413.5K |
| 9 | Verizon Communications Inc 2.35% 03/15/2032 | — | 0.96% | 4.74K | $410.0K |
| 10 | Oracle Corp 4.80% 09/26/2032 | — | 0.90% | 4.15K | $383.7K |
| 11 | Bank of America Corp 4.57% 04/27/2033 | — | 0.83% | 3.65K | $352.3K |
| 12 | Bank of America Corp 2.97% 02/04/2033 | — | 0.81% | 3.88K | $345.8K |
| 13 | Meta Platforms Inc 4.60% 11/15/2032 | — | 0.80% | 3.54K | $339.9K |
| 14 | Morgan Stanley 6.34% 10/18/2033 | — | 0.72% | 2.95K | $309.0K |
| 15 | JPMorgan Chase & Co 5.72% 09/14/2033 | — | 0.72% | 3.03K | $307.1K |
| 16 | Amazon.com Inc 4.70% 12/01/2032 | — | 0.69% | 2.99K | $293.9K |
| 17 | JPMorgan Chase & Co 2.96% 01/25/2033 | — | 0.67% | 3.21K | $286.7K |
| 18 | Morgan Stanley 4.89% 07/20/2033 | — | 0.66% | 2.88K | $281.5K |
| 19 | HSBC Holdings PLC 5.40% 08/11/2033 | — | 0.64% | 2.73K | $272.3K |
| 20 | HSBC Holdings PLC 8.11% 11/03/2033 | — | 0.63% | 2.41K | $269.9K |
| 21 | AT&T Inc 2.25% 02/01/2032 | — | 0.62% | 3.06K | $263.4K |
| 22 | Sprint Capital Corp 8.75% 03/15/2032 | — | 0.60% | 2.22K | $257.4K |
| 23 | JPMorgan Chase & Co 4.59% 04/26/2033 | — | 0.59% | 2.58K | $249.9K |
| 24 | Morgan Stanley 2.94% 01/21/2033 | — | 0.58% | 2.80K | $248.3K |
| 25 | Citigroup Inc 3.06% 01/25/2033 | — | 0.57% | 2.71K | $242.3K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.12% | Paid (last 12 months) | $1.5380 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.2920 (Oct 05, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 05, 2026 | $0.2920 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 03, 2026 | $0.2900 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 05, 2026 | $0.2900 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 06, 2026 | $0.2870 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 03, 2026 | $0.2760 |
| May 01, 2026 | May 01, 2026 | May 05, 2026 | $0.1030 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 3.76K | Average volume | 8.46K |
| AUM | $43.2M | Premium/Discount | +0.15% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $43.2M → $43.2M |
| 1 Month | $3.4M | +8.34% | $40.3M → $43.2M |
| 1 Week | -$191.6K | -0.44% | $43.2M → $43.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for VBCF
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.