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VBCC

GradeANASDAQ Global Market

Vanguard Target Maturity 2029 Corporate Bond ETF

Target Maturity Bond · Vanguard · Inception 2026-03-24

$74.06−0.36 (−0.49%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Mar 26, 2026.History starts Mar 26, 2026.History starts Mar 26, 2026.
Intraday session: down, 31 prints from 74.43 to 74.06. Range 74.03 to 74.36. Use the arrow keys to read each point.$74.00$74.20$74.3010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size
$56M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$74.37
52W range
low $74.34high $75.93

The ETF.net VBCC Grade

A

76/ 100

Rank 4 of 43 in Defined-Maturity Investment Grade Corporate⁠

Confidence High

Six-pillar profile for VBCC. Scores out of 100: Cost 87, Risk 66, Mission 100, Tradability 33, Holdings 81, Durability 52. Strongest: Mission (100). Weakest: Tradability (33). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 87
    Category rank4/43 · top 9%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank17/32 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 66
    Category rank9/43 · top 21%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank33/43 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 81
    Category rank8/42 · top 19%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank22/43 · mid-pack

Graded as of Sep 22, 2026

Our read on VBCC

ETF.net Research

AVanguard's version of a single rung on a bond ladder: investment-grade corporates that all mature in 2029, wrapped in an ETF at 0.08% a year, under the typical fee in the target-maturity aisle.

Stated mandate

The fund seeks to follow a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds scheduled to mature in 2029.

Why people hold it

  1. 01At 0.08% a year it undercuts the target-maturity median and the established 2029 corporate rungs from iShares (IBDU) and Invesco (BSCT), both at 0.10%.
  2. 02Every bond in the index is scheduled to mature in 2029, so the portfolio has an end date instead of rolling on forever like a standard bond fund.
  3. 03Investment-grade US dollar corporates, market-weighted. No high-yield sleeve, no manager leaning on favorite issuers.
  4. 04Stacks up among the stronger builds in a crowded target-maturity field, on the back of low cost and a straightforward investment-grade portfolio.

Worth knowing

  1. 01Launched in 2026, so live history is short and it trades less actively than the long-running iShares and Invesco ladders. Limit orders matter more here.
  2. 02Corporate credit, not Treasuries. An investment-grade issuer can still be downgraded or miss a payment, and a 2029 maturity date does not erase that.
  3. 03Income is paid quarterly, so cash arrives four times a year rather than monthly.

VBCC Holdings

As of Sep 21, 2026, 7:39 PM
Asset class
Other
Holdings
—
Top-10 weight
6%
Largest holding
AbbVie Inc 3.20% 11/21/20290.7%

Geography

  • United States84.19%
  • United Kingdom4.72%
  • Canada3.90%
  • Japan2.89%
  • Spain1.18%
  • Ireland0.92%
  • Netherlands0.70%
  • Luxembourg0.40%
  • Other countries (6)1.09%
The fund’s holdings, weight-ordered — page 1 of 42.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—AbbVie Inc 3.20% 11/21/20290.69%3,980$379K14
002—Salesforce Inc 4.65% 03/15/20290.66%3,650$363K18
003—Citigroup Inc 4.54% 09/19/20300.63%3,520$347K18
004—Amazon.com Inc 4.60% 07/09/20290.59%3,230$322K17
005—Goldman Sachs Group Inc/The 4.59% 04/20/20300.59%3,250$321K15
006—JPMorgan Chase & Co 4.41% 04/23/20300.58%3,240$320K11
007—NVIDIA Corp 4.35% 06/15/20290.55%3,050$302K15
008—Morgan Stanley 4.65% 10/18/20300.54%3,010$298K13
009—AT&T Inc 4.35% 03/01/20290.53%2,960$293K14
010—AbbVie Inc 4.80% 03/15/20290.53%2,890$289K11
011—HSBC Holdings PLC 4.71% 05/12/20300.52%2,900$287K14
012—Morgan Stanley 4.43% 01/23/20300.52%2,890$286K10
013—Bank of America Corp 3.97% 02/07/20300.51%2,840$278K9
014—Wells Fargo & Co 2.88% 10/30/20300.50%2,950$277K15
015—Oracle Corp 4.55% 02/04/20290.50%2,790$273K22

Showing 1–15 of 623 holdings

VBCC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VBCC$9,989
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. VBCC $9,989. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VBCC. Periods over one year show the average yearly return.
PeriodVBCC
Year to dateFund launched this year—
1 month−0.7%
3 months−0.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VBCC
YearReturn barVBCC
2026 YTD+0.9%

History from Mar 26, 2026

VBCC in the news

ETF.net Research hasn’t filed on VBCC yet — coverage lands here as it’s written.

VBCC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.26 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 5 payments in 2026 YTD. May 1, 2026 $0.08; Jun 1, 2026 $0.26; Jul 1, 2026 $0.25; Aug 3, 2026 $0.27; Sep 1, 2026 $0.26. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.26
Aug 3, 2026Aug 5, 2026$0.27
Jul 1, 2026Jul 6, 2026$0.25
Jun 1, 2026Jun 3, 2026$0.26
May 1, 2026May 5, 2026$0.08

VBCC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.05
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

VBCC Cost

Expense ratio0.08%
  • The middle half of Defined-Maturity Investment Grade Corporate funds
  • Median 0.10%

No Defined-Maturity Investment Grade Corporate fund charges less.

VBCC costs $8.00 a year on $10,000. The median Defined-Maturity Investment Grade Corporate fund costs $10.00.