Vanguard Target Maturity 2035 Corporate Bond ETF
VBCI
NASDAQ Global Market- -
USD
- -
- -
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
•
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 2035 Corporate Bond ETF (VBCI) is a fixed income ETF that aims to track the performance of a defined-maturity U.S. dollar corporate bond index, providing targeted exposure to investment-grade U.S. corporate debt maturing in 2035, with physical ownership of securities and periodic income distributions. The fund is managed by Vanguard and is designed to offer predictable horizon-based exposure, combining liquidity and diversification of an ETF with maturity-constrained characteristics. Main products and services - Target maturity corporate bond exposure: direct investment in a diversified portfolio of U.S. dollar-denominated corporate bonds maturing in 2035, sourced through a rules-based index methodology; physical replication ensures the fund holds the underlying securities rather than synthetically tracking the index. - Index tracking and passive management: implements a passive indexing approach designed to closely track the performance of its target-maturity index; transparent holdings and regular rebalancing align with the index composition. - Income generation: distributes or accumulates income from bond coupons in accordance with the fund’s distribution policy; aims to provide a steady yield profile aligned with investment-grade corporate debt. - Liquidity and trading efficiency: ETF structure enables intraday trading, market liquidity, and transparent pricing; provides a convenient alternative to individual bonds for horizon-focused investors. Latest major company changes - Product expansion and launch: Vanguard adds a family of Target Maturity Corporate Bond ETFs, including the 2035 series, expanding options for investors seeking fixed-income maturity exposure; this reflects a strategic shift toward defined-maturity fixed income solutions within the ETF channel. - Strategic portfolio positioning: the 2035 fund aligns with Vanguard’s broader target-maturity suite, enabling end investors to implement ladder-like exposure via ETF structures while retaining the benefits of diversification, liquidity, and trading efficiency. - Market entry and branding: as part of Vanguard’s TMCE (Target Maturity Corporate Bond ETF) rollout, the 2035 maturity product is positioned alongside other near- and long-dated maturities, signaling a cohesive product strategy across multiple target dates. Additional context - Industry and segments: fixed income ETFs; defined-maturity/target-maturity fixed income products; corporate bond generation. - Target markets and customers: institutional and individual investors seeking horizon-based income with simplified risk management through defined maturities. - Geographic operations: U.S.-dollar-denominated corporate bond exposure; fund is domiciled in the United States with global distribution depending on share classes and regional offerings. - Founding year and headquarters: Vanguard funds are managed by Vanguard Group, headquartered in Malvern, Pennsylvania, United States; the 2035 fund is part of a broader Vanguard ETF lineup established to provide systematic fixed-income maturity options. - Subsidiaries/parent relationships: part of the Vanguard ETF family; managed by Vanguard with exposure to a range of corporate bond indices and related data resources. Notes - The description reflects Vanguard’s approach to target-maturity corporate bond ETFs and the 2035 maturity variant, focusing on core products, services, and recent strategic moves within the TMCE suite.