Vanguard Target Maturity 2030 Corporate Bond ETF
VBCD
NASDAQ Global Market74.88
USD
+0.11
- -
ISIN
US9219388744
CUSIP
921938874
Return %
Stock
S&P500
1Y
0.14
26.84
3Y
0.14
77.03
5Y
0.14
80.55
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 100 Vanguard Boulevard Malvern United States of America 19355
- IPO Date
- Mar 26, 2026
- Similar Companies
- Business
- Vanguard Target Maturity 2030 Corporate Bond ETF (VBCD) is a U.S.‑listed exchange‑traded fund that provides exposure to a diversified portfolio of investment‑grade U.S. dollar‑denominated corporate bonds maturing in or near 2030, aiming to deliver predictable income and a targeted return of principal at maturity. The fund is part of The Vanguard Group’s BondBuilder Target Maturity ETF (TME) suite, which is designed to replicate the cash‑flow characteristics of individual bonds while offering diversification, liquidity, and lower‑cost access via an ETF wrapper. Primary product activities include investing in a passively managed, rules‑based basket of corporate bonds across multiple sectors and issuers, with periodic portfolio rebalancing to align with the 2030 maturity target; the fund typically pays monthly income distributions to investors and gradually shortens duration as it approaches its target maturity date. Geographic operations are centered in the United States, with the ETF listed on a U.S. exchange and holding primarily U.S. domiciled corporate bond issuances, while serving institutional and retail investors globally through customary brokerage, advisory, and institutional channels. The fund is domiciled and managed under The Vanguard Group, Inc., which is headquartered in Malvern, Pennsylvania, and was established in 1975 as a leading global investment management firm. Recent major changes include the February/March 2026 launch of Vanguard’s 10‑member Target Maturity Corporate Bond ETF suite, of which Vanguard Target Maturity 2030 Corporate Bond ETF (VBCD) is a core component; the suite’s introduction represents a strategic expansion into target‑maturity bond ETFs, positioning Vanguard to compete with existing players in the bond‑ladder ETF space and broadening its fixed‑income offerings for goals‑based planning, cash‑flow‑oriented portfolios, and institutional bond‑laddering strategies. Additional features introduced with the suite include an estimated expense ratio of 0.08% for the 2030 series, an emphasis on diversification to reduce issuer‑specific risk, and design enhancements meant to support predictable cash‑flow planning and maturity‑driven portfolio construction.