Vanguard Intermediate-Term Corporate Bond ETF offers exposure to investment grade corporate bonds that fall in the middle of the maturity spectrum, thereby delivering a moderate amount of both interest rate and credit risk. It employs a passively managed investment approach designed to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, which includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. VCIT seeks to provide a moderate and sustainable level of income, useful for investors looking to enhance fixed income returns but hesitant to lengthen duration too much.
VCIT TOP 10 HOLDINGS
T-Mobile USA, Inc. 3.88% 0.40
CVS Health Corp 4.3% 0.38
Bank of America Corporation 3.42% 0.35
Broadcom Corporation/Broadcom Cayman Finance Ltd 3.88% 0.29
AbbVie Inc. 3.2% 0.28
T-Mobile USA, Inc. 3.75% 0.27
Deutsche Telekom International Finance B.V. 8.75% 0.27
Citigroup Inc. 4.41% 0.27
Citigroup Inc. 4.45% 0.24
Verizon Communications Inc. 4.33% 0.23
As of 02/28/21