Vanguard Target Maturity 2031 Corporate Bond ETF
VBCE
NASDAQ Global Market75.81
USD
-0.10
- -
ISIN
US9219388660
CUSIP
921938866
Return %
Stock
S&P500
1Y
1.46
18.86
3Y
1.46
64.57
5Y
1.46
71.65
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Mar 26, 2026
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Target Maturity 2031 Corporate Bond ETF (VBCE) is a passive fixed-income fund that seeks to track the ICE 2031 Maturity US Corporate Constrained Index—USD, providing exposure to U.S. dollar-denominated investment-grade corporate bonds maturing in 2031. The fund historically aims to replicate the performance of its Target Index through physical ownership of securities and optimized sampling, with liquidation planned around December 15, 2031. VBCE operates as a term ETF that will liquidate on or about its planned maturity date, and it typically invests at least 80% of net assets in index components or economically equivalent securities. The vehicle offers a transparent, low-cost entry point to a diversified basket of near-term corporate maturities, delivering a coupon income stream to investors through quarterly distributions. The product is managed by Vanguard and is designed for investors seeking targeted duration exposure within the U.S. investment-grade corporate bond universe, enabling a single-name or institutional client base to implement a defined exposure profile within a defined horizon. The ETF adheres to a rule-based, index-tracking methodology and emphasizes liquidity through its constituent securities and collateral management practices aligned with the underlying ICE index. Regional focus is the United States, with all holdings denominated in USD and matured in 2031; the fund’s sponsor provides ongoing governance, pricing, and compliance oversight. VBCE positions itself within the fixed-income and ETFs segment, serving institutional and high-net-worth investors seeking a duration-aligned, currency-stable corporate bond sleeve with a known end-date and straightforward income profile. Founding details position Vanguard as the fund sponsor, headquartered in the United States, with VBCE launched to address demand for a maturity-targeted corporate bond solution within the broader Vanguard ETF lineup. The fund does not operate as a cash management vehicle but as a dedicated maturity-anchored strategy, designed to deliver indexed returns with transparent holdings and periodic portfolio rebalancing consistent with index rules. VBCE’s latest corporate actions include the initial launch and accompanying partnerships with index providers and custodial support, along with ongoing enhancements to liquidity management and dissemination of index-linked pricing to market participants. The issuer’s broader product family covers a wide range of fixed-income ETFs and related financial products, enabling clients to tailor duration, credit, and currency exposure within a single sponsor ecosystem. The latest changes reflect the introduction of a defined-maturity framework and alignment with investor demand for predictable horizon-based bond exposure in a cost-efficient, rules-based format. The company serves global markets primarily through the U.S. operations channel, while facilitating cross-border distribution via its global partnerships and authorized participant network. VBCE’s strategic emphasis remains on delivering reliable index replication, disciplined risk controls, and transparent disclosure for professional investors seeking a municipally diversified, near-term corporate bond allocation within an end-date framework.