Vanguard Intermediate-Term Bond ETFVanguard Intermediate-Term Bond ETFVanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF

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Key stats


Assets under management (AUM)
‪19.99 B‬USD
Fund flows (1Y)
‪3.92 B‬USD
Dividend yield (indicated)
3.69%
Discount/Premium to NAV
0.9%

About Vanguard Intermediate-Term Bond ETF


Issuer
The Vanguard Group, Inc.
Brand
Vanguard
Expense ratio
0.04%
Inception date
Apr 3, 2007
Index tracked
Bloomberg US Government/Credit - Float Adjusted (5-10 Y)
Management style
Passive
BIV is an intermediate-term bond ETF that adopts a slightly more stringent definition of intermediate by excluding bonds with maturities of under 5 years and over 10. This sets it apart from its competitors and our benchmark, which have broader interpretations of intermediate-term bonds. As such, BIV has a longer average maturity and a slight bias toward lower-rated corporate bonds. Nearly the whole portfolio is in bonds expiring between 5-10 years, compared with about one third for our benchmark. The fund suffers in terms of transparency thanks to Vanguard's monthly disclosure practices.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Intermediate
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 30, 2024
Exposure type
StocksBonds, Cash & Other
Government
Corporate
Stocks0.02%
Energy Minerals0.02%
Finance0.00%
Bonds, Cash & Other99.98%
Government59.89%
Corporate39.20%
Cash0.47%
Municipal0.41%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows