VCLT ETF — Holdings & Analysis

VCLT, or the Vanguard Long-Term Corporate Bond ETF, is an exchange-traded fund that seeks to provide a high and sustainable level of current income. It achieves this by investing primarily in high-quality, investment-grade corporate bonds. The fund maintains a dollar-weighted average maturity of 10 to 25 years, making it sensitive to changes in interest rates. VCLT's portfolio consists of 257개 보유 종목, providing diversification within the corporate bond market. As of 2026-03-15, VCLT has $8.70 billion in assets under management and a dividend yield of 5.41%.

The expense ratio for VCLT is 0.03%. This means that for every $10,000 invested in the fund, investors will pay $3 in annual fees. This is significantly lower than the average expense ratio for similar core investment grade bond ETFs, which is around 0.44%. VCLT's low expense ratio makes it a cost-effective option for investors seeking exposure to long-term corporate bonds.

While specific holdings data fluctuates, VCLT's portfolio consists of 257 corporate bonds. The fund's investment strategy focuses on maintaining a diversified portfolio of investment-grade corporate bonds. As the fund invests in a variety of corporate bonds, the specific top holdings will vary based on market conditions and the fund's investment decisions. Investors can find the most up-to-date list of holdings on the Vanguard website or other financial data providers.

VCLT can be a suitable long-term investment for investors seeking income from corporate bonds and willing to accept interest rate risk. The fund's focus on investment-grade bonds provides a degree of stability, while its long-term maturity profile can lead to higher yields. However, investors should be aware that VCLT's NAV can be sensitive to changes in interest rates. With a 3-year beta of 1.96, VCLT exhibits higher volatility compared to the overall market. Past performance does not guarantee future results.

VCLT distinguishes itself through its focus on long-term investment-grade corporate bonds and its exceptionally low expense ratio of 0.03%. Compared to other corporate bond ETFs, VCLT's longer average maturity may result in higher yields but also greater interest rate sensitivity. Some competing ETFs may focus on shorter-term bonds or have a broader mandate that includes government bonds. VCLT's AUM of $8.70 billion indicates its popularity among investors seeking exposure to this specific segment of the bond market.

Yes, VCLT pays dividends. As of 2026-03-15, VCLT has a dividend yield of 5.41%. The dividend yield represents the annual dividend payment as a percentage of the fund's current NAV. VCLT's focus on investment-grade corporate bonds aims to generate a steady stream of income for its investors, which is then distributed as dividends. The actual dividend amount may vary over time depending on market conditions and the performance of the underlying bonds.