VBCF: VANGUARD TARGET MATURITY 2032 CORPORATE BOND ETF ETF SHARES
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.
ETF Educational Report: VBCF
What this ETF is trying to do
The Vanguard Target Maturity 2032 Corporate Bond ETF (VBCF) is an exchange-traded fund. Based on its name, it focuses on corporate bonds that are intended to reach a "maturity" date around the year 2032. This type of fund typically holds debt from various companies.
What the numbers show
As of September 21, 2026, the current price of one share is $73.40.
It is important to note that specific performance data for this ETF was not supplied in the current report. This means we do not have the year-to-date (YTD) price return, the one-year price return, or the three-year price return. We also do not have total return data available at this time. Because there is no history of stock splits for this ETF, we cannot compare current prices to estimated prices from a year ago.
Income and distribution explanation
Some investors look at ETFs to receive regular cash payments, known as distributions. This ETF has a distribution yield of approximately 1.70%. The trailing distributions (the cash paid out over the last year) were $1.25 per share.
The fund usually pays these distributions on a quarterly basis, though it has made 5 payments over the last 12 months. Most of these payments have occurred on Mondays. It is important to remember that a distribution yield tells you how much cash was paid out relative to the share price, but it is not the same thing as a "total return."
Top Holdings
The following are the top holdings in this fund. Please note that this is a partial list, as the ETF holds a total of 278 different assets. Holdings can change over time.
• Bank of America Corp. (3.03%)
• JPMorgan Chase & Co. (2.42%)
• Wells Fargo & Co. (2.09%)
• Meta Platforms Inc (1.79%)
• Morgan Stanley (1.72%)
• HSBC Holdings PLC (1.27%)
• Oracle Corp. (1.15%)
• Citigroup Inc. (1.06%)
• Goldman Sachs Group, Inc. (0.97%)
• Verizon Communications Inc. (0.96%)
Pros
• The fund provides a regular stream of cash distributions.
• It holds a large number of different assets (278 total holdings), which provides exposure to many different companies.
Cons
• Total return data and specific price performance history were not available in this report.
• The income rating for this fund is a "D" with a score of 54.
Beginner takeaway
When looking at an ETF like VBCF, it is helpful to distinguish between the share price and the distributions. While the distribution yield shows the cash being paid out, it does not tell you how much the actual share price has gone up or down. Always look for "total return" to see the full picture of how an investment has performed.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
278 holdings available
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | BANK OF AMERICA CORP. | n/a | 3.03% |
| 2 | JPMORGAN CHASE & CO. | n/a | 2.42% |
| 3 | WELLS FARGO & CO. | n/a | 2.09% |
| 4 | META PLATFORMS INC | n/a | 1.79% |
| 5 | MORGAN STANLEY | n/a | 1.72% |
| 6 | HSBC HOLDINGS PLC | n/a | 1.27% |
| 7 | ORACLE CORP. | n/a | 1.15% |
| 8 | CITIGROUP INC. | n/a | 1.06% |
| 9 | n/a | n/a | 0.98% |
| 10 | GOLDMAN SACHS GROUP, INC. | n/a | 0.97% |
Show all 278 holdings
1.
BANK OF AMERICA CORP.
n/a
3.03%
2.
JPMORGAN CHASE & CO.
n/a
2.42%
3.
WELLS FARGO & CO.
n/a
2.09%
4.
META PLATFORMS INC
n/a
1.79%
5.
MORGAN STANLEY
n/a
1.72%
6.
HSBC HOLDINGS PLC
n/a
1.27%
7.
ORACLE CORP.
n/a
1.15%
8.
CITIGROUP INC.
n/a
1.06%
9.
n/a
n/a
0.98%
10.
GOLDMAN SACHS GROUP, INC.
n/a
0.97%
11.
VERIZON COMMUNICATIONS INC.
n/a
0.96%
12.
BROADCOM INC
n/a
0.76%
13.
INTERNATIONAL BUSINESS MACHINES CORP.
n/a
0.71%
14.
AMAZON.COM, INC.
n/a
0.69%
15.
B.A.T. CAPITAL CORPORATION
n/a
0.68%
16.
PNC FINANCIAL SERVICES GROUP INC.
n/a
0.66%
17.
NEXTERA ENERGY CAPITAL HOLDINGS INC
n/a
0.65%
18.
PHILIP MORRIS INTERNATIONAL INC.
n/a
0.65%
19.
MITSUBISHI UFJ FINANCIAL GROUP INC.
n/a
0.62%
20.
DELL INTERNATIONAL LLC / EMC CORP.
n/a
0.59%
21.
PACIFIC GAS AND ELECTRIC COMPANY
n/a
0.57%
22.
T-MOBILE USA, INC.
n/a
0.57%
23.
APPLE INC.
n/a
0.56%
24.
ELI LILLY & CO.
n/a
0.55%
25.
ELEVANCE HEALTH INC.
n/a
0.53%
26.
PEPSICO INC
n/a
0.53%
27.
INTEL CORPORATION
n/a
0.51%
28.
AMGEN INC.
n/a
0.50%
29.
CHEVRON USA INC
n/a
0.50%
30.
MERCK & CO., INC
n/a
0.50%
31.
CAPITAL ONE FINANCIAL CORP.
n/a
0.49%
32.
STATE STREET CORP.
n/a
0.47%
33.
TRUIST FINANCIAL CORP.
n/a
0.47%
34.
GLOBAL PAYMENTS INC
n/a
0.46%
35.
WASTE MANAGEMENT, INC.
n/a
0.46%
36.
COMCAST CORPORATION
n/a
0.45%
37.
HCA INC.
n/a
0.45%
38.
MASTERCARD INCORPORATED
n/a
0.44%
39.
QUALCOMM INC.
n/a
0.41%
40.
U.S. BANCORP.
n/a
0.41%
41.
AMERICAN TOWER CORPORATION
n/a
0.40%
42.
MPLX LP
n/a
0.40%
43.
ONEOK INC.
n/a
0.40%
44.
MARRIOTT INTERNATIONAL, INC.
n/a
0.38%
45.
FLORIDA POWER & LIGHT CO.
n/a
0.37%
46.
REALTY INCOME CORPORATION
n/a
0.37%
47.
SUMITOMO MITSUI FINANCIAL GROUP INC.
n/a
0.37%
48.
THE TORONTO-DOMINION BANK
n/a
0.37%
49.
S&P GLOBAL INC
n/a
0.36%
50.
THERMO FISHER SCIENTIFIC INC
n/a
0.36%
51.
BARCLAYS PLC
n/a
0.35%
52.
UNITEDHEALTH GROUP INC.
n/a
0.35%
53.
EOG RESOURCES INC.
n/a
0.34%
54.
THE CIGNA GROUP
n/a
0.34%
55.
LLOYDS BANKING GROUP PLC
n/a
0.33%
56.
PFIZER INC.
n/a
0.33%
57.
RIO TINTO FINANCE (USA) PLC
n/a
0.33%
58.
SIMON PROPERTY GROUP LP
n/a
0.33%
59.
ALPHABET INC.
n/a
0.32%
60.
AMERICAN EXPRESS COMPANY
n/a
0.32%
61.
FORD MOTOR COMPANY
n/a
0.32%
62.
LOWES COMPANIES, INC.
n/a
0.32%
63.
MARTIN MARIETTA MATERIALS INC
n/a
0.32%
64.
MONDELEZ INTERNATIONAL INC.
n/a
0.32%
65.
WORKDAY INC
n/a
0.32%
66.
EQUINIX, INC.
n/a
0.31%
67.
JOHNSON & JOHNSON
n/a
0.31%
68.
KINDER MORGAN, INC.
n/a
0.31%
69.
SOUTHERN CALIFORNIA EDISON COMPANY
n/a
0.31%
70.
WALMART INC
n/a
0.31%
71.
ARCELORMITTAL S.A.
n/a
0.30%
72.
MKTLIQ 12/31/2049
n/a
0.30%
73.
MOTOROLA SOLUTIONS INC
n/a
0.30%
74.
UNION PACIFIC CORPORATION
n/a
0.30%
75.
BAXTER INTERNATIONAL, INC.
n/a
0.29%
76.
n/a
n/a
0.29%
77.
UNILEVER CAPITAL CORPORATION
n/a
0.29%
78.
WESTPAC BANKING CORP.
n/a
0.29%
79.
GENERAL MOTORS COMPANY
n/a
0.28%
80.
JOHN DEERE CAPITAL CORP.
n/a
0.28%
81.
SANOFI SA
n/a
0.28%
82.
TARGET CORP.
n/a
0.28%
83.
WASTE CONNECTIONS INC.
n/a
0.28%
84.
AUTOMATIC DATA PROCESSING, INC.
n/a
0.27%
85.
BROWN & BROWN INC
n/a
0.27%
86.
CANADIAN IMPERIAL BANK OF COMMERCE
n/a
0.27%
87.
CISCO SYSTEMS, INC.
n/a
0.27%
88.
EXTRA SPACE STORAGE LP
n/a
0.27%
89.
KLA CORP.
n/a
0.27%
90.
NORTHERN TRUST CORPORATION
n/a
0.27%
91.
ARES CAPITAL CORP.
n/a
0.26%
92.
AT&T INC
n/a
0.26%
93.
BLACKSTONE PRIVATE CREDIT FUND
n/a
0.26%
94.
DUKE ENERGY CORP
n/a
0.26%
95.
HOME DEPOT INC.
n/a
0.26%
96.
ING GROEP N.V.
n/a
0.26%
97.
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP.
n/a
0.26%
98.
ORIX CORP.
n/a
0.26%
99.
ROYAL BANK OF CANADA
n/a
0.26%
100.
WELLTOWER INC.
n/a
0.26%
101.
WILLIAMS COMPANIES INC. (THE)
n/a
0.26%
102.
PAYPAL HOLDINGS INC.
n/a
0.25%
103.
RTX CORP.
n/a
0.25%
104.
SUZANO AUSTRIA GMBH
n/a
0.25%
105.
CSX CORPORATION
n/a
0.24%
106.
DOMINION ENERGY INC
n/a
0.24%
107.
MICRON TECHNOLOGY INC.
n/a
0.24%
108.
NOVARTIS CAPITAL CORPORATION
n/a
0.24%
109.
STARBUCKS CORP.
n/a
0.24%
110.
THE PROCTER & GAMBLE CO.
n/a
0.24%
111.
BERKSHIRE HATHAWAY FINANCE CORPORATION
n/a
0.23%
112.
BLACKROCK INC.
n/a
0.23%
113.
CHARLES SCHWAB CORP. (THE)
n/a
0.23%
114.
n/a
n/a
0.23%
115.
TSMC ARIZONA CORP.
n/a
0.23%
116.
CANADIAN NATIONAL RAILWAY COMPANY
n/a
0.22%
117.
COSTCO WHOLESALE CORPORATION
n/a
0.22%
118.
DUKE ENERGY PROGRESS LLC
n/a
0.22%
119.
MCDONALD'S CORP.
n/a
0.22%
120.
NXP B V / NXP FUNDING LLC & NXP USA INC
n/a
0.22%
121.
O'REILLY AUTOMOTIVE INC.
n/a
0.22%
122.
TELUS CORP.
n/a
0.22%
123.
VALERO ENERGY CORP.
n/a
0.22%
124.
ZOETIS INC.
n/a
0.22%
125.
AES CORP.
n/a
0.21%
126.
AMERICAN WATER CAPITAL CORP
n/a
0.21%
127.
APOLLO DEBT SOLUTIONS BDC
n/a
0.21%
128.
BANK OF NOVA SCOTIA
n/a
0.21%
129.
CINTAS CORPORATION NO. 2
n/a
0.21%
130.
CONOCOPHILLIPS CO.
n/a
0.21%
131.
GEORGIA POWER COMPANY
n/a
0.21%
132.
KENVUE INC.
n/a
0.21%
133.
KEURIG DR PEPPER INC
n/a
0.21%
134.
n/a
n/a
0.21%
135.
ALEXANDRIA REAL ESTATE EQUITIES, INC.
n/a
0.20%
136.
AMERICAN HONDA FINANCE CORPORATION
n/a
0.20%
137.
ARES STRATEGIC INCOME FUND
n/a
0.20%
138.
AUTOZONE, INC.
n/a
0.20%
139.
BHP BILLITON FINANCE (USA) LTD.
n/a
0.20%
140.
BIO-RAD LABORATORIES, INC.
n/a
0.20%
141.
BOSTON PROPERTIES LP
n/a
0.20%
142.
CREDIT SUISSE (USA) LLC
n/a
0.20%
143.
CVS HEALTH CORP
n/a
0.20%
144.
HEALTHPEAK PROPERTIES INC
n/a
0.20%
145.
MIZUHO FINANCIAL GROUP INC.
n/a
0.20%
146.
n/a
n/a
0.20%
147.
OCCIDENTAL PETROLEUM CORP.
n/a
0.20%
148.
ONCOR ELECTRIC DELIVERY COMPANY LLC
n/a
0.20%
149.
WEYERHAEUSER COMPANY
n/a
0.20%
150.
AMERICA MOVIL S.A.B. DE C.V.
n/a
0.19%
151.
ARCHER-DANIELS-MIDLAND CO.
n/a
0.19%
152.
ATMOS ENERGY CORP.
n/a
0.19%
153.
CME GROUP INC.
n/a
0.19%
154.
DOLLAR GENERAL CORPORATION
n/a
0.19%
155.
EATON CORP.
n/a
0.19%
156.
KEYBANK NATIONAL ASSOCIATION
n/a
0.19%
157.
LOCKHEED MARTIN CORPORATION
n/a
0.19%
158.
MCKESSON CORP.
n/a
0.19%
159.
METLIFE INC.
n/a
0.19%
160.
n/a
n/a
0.19%
161.
SUMISHO AIR LEASE CORP.
n/a
0.19%
162.
TOYOTA MOTOR CREDIT CORP.
n/a
0.19%
163.
VERALTO CORP.
n/a
0.19%
164.
XCEL ENERGY INC
n/a
0.19%
165.
AUTONATION INC. (FLORIDA)
n/a
0.18%
166.
CONSTELLATION BRANDS, INC.
n/a
0.18%
167.
DICK'S SPORTING GOODS, INC.
n/a
0.18%
168.
FAIRFAX FINANCIAL HOLDINGS LIMITED
n/a
0.18%
169.
HONDA MOTOR CO LTD.
n/a
0.18%
170.
MANULIFE FINANCIAL CORPORATION
n/a
0.18%
171.
NEWMONT CORPORATION
n/a
0.18%
172.
NOMURA HOLDINGS INC.
n/a
0.18%
173.
APPALACHIAN POWER COMPANY
n/a
0.17%
174.
FLEX LTD.
n/a
0.17%
175.
HP INC
n/a
0.17%
176.
n/a
n/a
0.17%
177.
NETAPP INC.
n/a
0.17%
178.
NUTRIEN LTD
n/a
0.17%
179.
REPUBLIC SERVICES, INC.
n/a
0.17%
180.
VIVMARK RESIDENTIAL
n/a
0.17%
181.
AGILENT TECHNOLOGIES INC.
n/a
0.16%
182.
ALABAMA POWER CO.
n/a
0.16%
183.
ALLEGION US HOLDING COMPANY INC
n/a
0.16%
184.
CONSTELLATION ENERGY GENERATION LLC
n/a
0.16%
185.
DIAGEO CAPITAL PLC
n/a
0.16%
186.
ECOLAB INC.
n/a
0.16%
187.
n/a
n/a
0.16%
188.
n/a
n/a
0.16%
189.
THE CLOROX COMPANY
n/a
0.16%
190.
AMERICAN HOMES 4 RENT L P
n/a
0.15%
191.
CARLISLE COMPANIES INC.
n/a
0.15%
192.
EDISON INTERNATIONAL
n/a
0.15%
193.
ESSEX PORTFOLIO LP
n/a
0.15%
194.
EVERSOURCE ENERGY
n/a
0.15%
195.
GENERAL MOTORS FINANCIAL COMPANY INC
n/a
0.15%
196.
KEYCORP
n/a
0.15%
197.
KIMCO REALTY CORPORATION
n/a
0.15%
198.
MARSH & MCLENNAN COMPANIES, INC.
n/a
0.15%
199.
n/a
n/a
0.15%
200.
n/a
n/a
0.15%
201.
SOUTHWEST GAS CORP
n/a
0.15%
202.
SUNCOR ENERGY INC.
n/a
0.15%
203.
TYCO ELECTRONICS GROUP SA
n/a
0.15%
204.
WALT DISNEY COMPANY
n/a
0.15%
205.
WISCONSIN POWER AND LIGHT COMPANY
n/a
0.15%
206.
ALLY FINANCIAL INC.
n/a
0.14%
207.
BECTON, DICKINSON AND COMPANY
n/a
0.14%
208.
CHURCH & DWIGHT CO INC.
n/a
0.14%
209.
COCA-COLA FEMSA SAB DE CV
n/a
0.14%
210.
ENTERGY LOUISIANA LLC
n/a
0.14%
211.
HOST HOTELS & RESORTS, L.P.
n/a
0.14%
212.
HYATT HOTELS CORPORATION
n/a
0.14%
213.
LEIDOS INC
n/a
0.14%
214.
n/a
n/a
0.14%
215.
NORFOLK SOUTHERN CORPORATION
n/a
0.14%
216.
RALPH LAUREN CORP.
n/a
0.14%
217.
RELX CAPITAL INC.
n/a
0.14%
218.
SKYWORKS SOLUTIONS, INC.
n/a
0.14%
219.
SOUTHERN COMPANY GAS CAPITAL CORP.
n/a
0.14%
220.
TAKE-TWO INTERACTIVE SOFTWARE INC.
n/a
0.14%
221.
THE PROGRESSIVE CORPORATION
n/a
0.14%
222.
WOODSIDE FINANCE LTD.
n/a
0.14%
223.
AIR PRODUCTS & CHEMICALS, INC.
n/a
0.13%
224.
AMERICAN ELECTRIC POWER CO, INC.
n/a
0.13%
225.
AMERIPRISE FINANCIAL, INC.
n/a
0.13%
226.
AON CORP/ AON GLOBAL HOLDINGS PLC
n/a
0.13%
227.
CENTERPOINT ENERGY HOUSTON ELECTRIC LLC
n/a
0.13%
228.
CENTERPOINT ENERGY RESOURCES CORP.
n/a
0.13%
229.
CITIZENS FINANCIAL GROUP INC
n/a
0.13%
230.
DTE ELECTRIC CO.
n/a
0.13%
231.
ERP OPERATING LIMITED PARTNERSHIP
n/a
0.13%
232.
EXELON CORP.
n/a
0.13%
233.
HERSHEY CO. (THE)
n/a
0.13%
234.
HF SINCLAIR CORP.
n/a
0.13%
235.
HOWMET AEROSPACE INC
n/a
0.13%
236.
KRAFT HEINZ FOODS COMPANY
n/a
0.13%
237.
MOODYS CORP.
n/a
0.13%
238.
n/a
n/a
0.13%
239.
ROPER TECHNOLOGIES INC
n/a
0.13%
240.
SOUTHERN CO.
n/a
0.13%
241.
SUTTER HEALTH
n/a
0.13%
242.
THE BANK OF NEW YORK MELLON CORP.
n/a
0.13%
243.
UNION ELECTRIC COMPANY
n/a
0.13%
244.
VENTAS REALTY LIMITED PARTNERSHIP
n/a
0.13%
245.
VERISIGN, INC.
n/a
0.13%
246.
VIRGINIA ELECTRIC AND POWER COMPANY
n/a
0.13%
247.
WISCONSIN ELECTRIC POWER COMPANY
n/a
0.13%
248.
WRKCO INC
n/a
0.13%
249.
ADVANCED MICRO DEVICES INC.
n/a
0.12%
250.
AMEREN ILLINOIS COMPANY
n/a
0.12%
251.
ARROW ELECTRONICS, INC.
n/a
0.12%
252.
AVERY DENNISON CORPORATION
n/a
0.12%
253.
BOARDWALK PIPELINES LP
n/a
0.12%
254.
CENOVUS ENERGY INC
n/a
0.12%
255.
CONOCOPHILLIPS
n/a
0.12%
256.
EIDP INC
n/a
0.12%
257.
FACTSET RESEARCH SYSTEMS INC.
n/a
0.12%
258.
FIFTH THIRD BANCORP
n/a
0.12%
259.
GALLAGHER AJ &CO
n/a
0.12%
260.
GENUINE PARTS CO
n/a
0.12%
261.
HPS CORPORATE LENDING FUND
n/a
0.12%
262.
JEFFERIES FINANCIAL GROUP INC
n/a
0.12%
263.
n/a
n/a
0.12%
264.
NUCOR CORPORATION
n/a
0.12%
265.
PUBLIC SERVICE ELECTRIC & GAS CO.
n/a
0.12%
266.
QUANTA SERVICES, INC.
n/a
0.12%
267.
SONOCO PRODUCTS COMPANY
n/a
0.12%
268.
TAPESTRY INC
n/a
0.12%
269.
THE SHERWIN-WILLIAMS COMPANY
n/a
0.12%
270.
CUBESMART LP
n/a
0.11%
271.
FLOWSERVE CORPORATION
n/a
0.11%
272.
SAN DIEGO GAS & ELECTRIC COMPANY
n/a
0.11%
273.
STANLEY BLACK & DECKER, INC.
n/a
0.11%
274.
TRACTOR SUPPLY CO
n/a
0.11%
275.
AEP TEXAS INC
n/a
0.10%
276.
COLGATE-PALMOLIVE CO.
n/a
0.10%
277.
DUKE ENERGY CAROLINAS LLC
n/a
0.08%
278.
US DOLLAR
n/a
0.00%