Vanguard USD Corporate Bond UCITS ETF
(VDCP) Vanguard USD Corporate Bond UCITS ETF - (USD) Distributing
Related documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index (the “Index”).
- The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return.
- The Index measures the performance of a broad spread of US dollar denominated bonds paying a fixed rate of interest which are issued by companies.
- Bonds in the Index have maturities of greater than one year and generally investment grade.
- To a lesser extent the Fund may invest in similar types of bonds outside the Index.
Why this fund
- The Fund seeks to track the performance of the Index.
- In seeking to achieve its investment objective, the Fund aims to provide a return (comprising both income and capital appreciation) which, before application of fees and expenses, is similar to the return of the Index.
- The Fund employs a “passive management” – or indexing – investment approach, through physical acquisition of securities, designed to track the performance of the Index.
- In tracking the performance of the Index, the Fund will invest in a portfolio of fixed-rate dollar- denominated corporate bonds (including subordinated and callable bonds) that so far as possible and practicable consist of a representative sample of the component securities of the Index.
Fund facts
Share class inception
Feb 24 2016
Listing date
Feb 25 2016
Investment structure
Irish UCITS
Share class assets'
Total assets
Risk indicator
Strategy
Index
Asset class
Bond
Investment Method
Physical
Index ticker
I09913US
Benchmark
Bloomberg Global Aggregate Corporate – United States Dollar Index
Dividend Schedule
Monthly
Tax status
Austria, Italy, Switzerland and United Kingdom
Domicile
Ireland
Legal Entity
Vanguard Funds PLC
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at Aug 31 2026
Beta
R²
Alpha
Standard Deviation
Sharpe Ratio
Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 8,880 | 11,353 | Aug 31 2026 |
| YTM (Yield to Maturity) effective | 5.5% | 5.5% | Aug 31 2026 |
| Average Duration | 6.2 Years | 6.2 Years | Aug 31 2026 |
| Average maturity | 9.8 Years | 9.7 Years | Aug 31 2026 |
| Cash Investment | 0.0% | — | Aug 31 2026 |
Market allocation
As at Aug 31 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 77.49% | 76.91% | 0.58% |
| United Kingdom | Europe | 3.98% | 4.11% | -0.13% |
| Canada | North America | 2.73% | 2.69% | 0.04% |
| Japan | Pacific | 2.57% | 2.66% | -0.09% |
| France | Europe | 1.75% | 1.73% | 0.02% |
| Germany | Europe | 1.43% | 1.46% | -0.03% |
| Australia | Pacific | 1.42% | 1.64% | -0.22% |
| Swiss | Europe | 0.75% | 0.73% | 0.02% |
| España | Europe | 0.74% | 0.72% | 0.02% |
| China | Emerging Markets | 0.65% | 0.66% | -0.01% |
| Irlanda | Europe | 0.64% | 0.58% | 0.06% |
| Mexico | Emerging Markets | 0.59% | 0.54% | 0.05% |
| Italia | Europe | 0.58% | 0.54% | 0.04% |
| Republic Of Korea | Pacific | 0.54% | 0.60% | -0.06% |
| Netherlands | Europe | 0.48% | 0.56% | -0.08% |
Distribution by credit quality (% of funds)
As at Aug 31 2026
| Credit Rating | Fund |
|---|---|
| AAA | 0.63% |
| AA | 10.27% |
| A | 45.17% |
| Less than BBB | 0.03% |
| BBB | 43.94% |
| Not Rated | -0.03% |
Distribution by credit issuer
As at Aug 31 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 0.39% |
| Gov-Related-Provincials/Municipals | 0.29% |
| Gov-Related-Agencies | 0.01% |
| Corporate-Industrials | 54.63% |
| Corporate-Utilities | 9.74% |
| Corporate-Financial Institutions | 34.99% |
| Cash | -0.03% |
| Other | -0.02% |
Distribution by credit maturity
As at Aug 31 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.00% |
| 1 - 5 Years | 39.79% |
| 5 - 10 Years | 29.97% |
| 10 - 15 Years | 7.00% |
| 15 - 20 Years | 6.07% |
| 20 - 25 Years | 6.65% |
| Over 25 Years | 10.52% |
Top 10 Holdings
As at Aug 31 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.37078% | $17,040,024.38 | 17,204,000 | 4.63% | Aug 15 2036 |
| Sopaipilla Investor LLC | 0.14029% | $6,447,299.17 | 6,300,000 | 7.53% | Nov 30 2048 |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.10996% | $5,053,633.69 | 5,778,000 | 4.90% | Feb 01 2046 |
| Meta Platforms Inc | 0.09859% | $4,530,888.96 | 4,715,000 | 5.25% | May 15 2036 |
| Bank of America Corp | 0.08324% | $3,825,398.16 | 3,887,000 | 3.42% | Dec 20 2028 |
| Goldman Sachs Group Inc/The | 0.07772% | $3,571,567.68 | 3,603,000 | 4.15% | Jan 21 2029 |
| Space Exploration Technologies Corp | 0.07710% | $3,543,447.83 | 3,625,000 | 5.35% | Jul 15 2031 |
| Wells Fargo & Co | 0.07656% | $3,518,656.31 | 3,471,000 | 5.57% | Jul 25 2029 |
| Deutsche Telekom International Finance BV | 0.07643% | $3,512,420.62 | 3,171,000 | 8.25% | Jun 15 2030 |
| CVS Health Corp | 0.07609% | $3,496,904.45 | 4,130,000 | 5.05% | Mar 25 2048 |
Prices and distribution
Prices
NAV Price (USD)
$45.09
USDChange
-$0.03-0.06% As at Oct 09 2026
Market price (USD)
$45.07
Change
-$0.01-0.01% As at Oct 09 2026
NAV 52-week high
$48.64
As at Oct 11 2026
Market price 52-week high
$48.71
As at Oct 11 2026
NAV 52-week low
$44.86
As at Oct 11 2026
Market price 52-week low
$44.83
As at Oct 11 2026
NAV 52-week difference
$3.77
Change
+7.76% As at Oct 11 2026
Market price 52-week difference
$3.87
Change
+7.95% As at Oct 11 2026
Outstanding shares
20,683,990
As at Sep 30 2026
Discount
-$0.02
Change
-0.05% As at Oct 09 2026
Historical Prices
-
Inception date
Feb 24 2016
Listing date
Feb 25 2016
| Date | NAV (USD) | Market price (USD) |
|---|---|---|
| Oct 09 2026 | $45.0874 | $45.0660 |
| Oct 08 2026 | $45.1158 | $45.0720 |
| Oct 07 2026 | $44.9906 | $45.0000 |
| Oct 06 2026 | $44.9774 | $45.1310 |
| Oct 05 2026 | $44.8629 | $44.8960 |
| Oct 02 2026 | $44.8830 | $45.0260 |
| Oct 01 2026 | $44.9608 | $44.8830 |
| Sep 30 2026 | $44.8930 | $44.9750 |
| Sep 29 2026 | $44.9297 | $44.9070 |
| Sep 28 2026 | $44.9591 | $44.8340 |
Distribution history
Distribution frequency
Monthly
Historical performance Sep 30 2026
5.31%
| Type | Distribution amount (per unit) | Ex-dividend date | Record date | Payment date |
|---|---|---|---|---|
| Income | $0.1768 | Sep 17 2026 | Sep 18 2026 | Sep 30 2026 |
| Income | $0.2217 | Aug 20 2026 | Aug 21 2026 | Sep 02 2026 |
| Income | $0.1894 | Jul 16 2026 | Jul 17 2026 | Jul 29 2026 |
| Income | $0.1761 | Jun 18 2026 | Jun 19 2026 | Jul 01 2026 |
| Income | $0.2372 | May 21 2026 | May 22 2026 | Jun 03 2026 |
| Income | $0.1640 | Apr 16 2026 | Apr 17 2026 | Apr 29 2026 |
| Income | $0.2104 | Mar 19 2026 | Mar 20 2026 | Apr 01 2026 |
| Income | $0.2264 | Feb 19 2026 | Feb 20 2026 | Mar 04 2026 |
| Income | $0.1739 | Jan 15 2026 | Jan 16 2026 | Jan 28 2026 |
| Income | $0.1908 | Dec 18 2025 | Dec 19 2025 | Dec 31 2025 |
Purchase information
Currencies and stock exchanges
Listed currencies: GBP, USD, EUR, CHF, MXN
Base currency:USD
Exchanges: London Stock Exchange, NYSE Euronext - Amsterdam, SIX Swiss Exchange, Deutsche Boerse, Bolsa Mexicana De Valores, Borsa Italiana S.p.A.