VICSX

About VICSX

Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares is a mutual fund designed to track the performance of the Bloomberg U.S. 5-10 Year Corporate Bond Index. Its primary purpose is to provide diversified exposure to investment-grade, U.S. dollar-denominated corporate bonds with maturities ranging from five to ten years, offering current income while maintaining a moderate level of interest rate sensitivity and credit quality. The portfolio spans across sectors including industrials, utilities, and financials, focusing on bonds rated mainly in the A and BBB categories, thereby balancing yield and credit risk. The fund employs a passively managed, index-sampling approach to replicate key risk characteristics of its benchmark efficiently and cost-effectively, as reflected in its low expense ratio. As of mid-2025, the fund manages over $50 billion in assets, making it a significant vehicle in the corporate bond market, often utilized by investors seeking stable, intermediate-term fixed income exposure with a focus on credit quality and competitive yields relative to government bonds.