Vanguard’s fashionably late to the target-date bond ETF party.

Today, Vanguard filed with the SEC to launch ten target-maturity corporate bond exchange-traded funds (ETFs)—one for each year between 2027 and 2036:

  • Target Maturity 2027 Corporate Bond ETF (VBCA)
  • Target Maturity 2028 Corporate Bond ETF (VBCB)
  • Target Maturity 2029 Corporate Bond ETF (VBCC)
  • Target Maturity 2030 Corporate Bond ETF (VBCD)
  • Target Maturity 2031 Corporate Bond ETF (VBCE)
  • Target Maturity 2032 Corporate Bond ETF (VBCF)
  • Target Maturity 2033 Corporate Bond ETF (VBCG)
  • Target Maturity 2034 Corporate Bond ETF (VBCH)
  • Target Maturity 2035 Corporate Bond ETF (VBCI)
  • Target Maturity 2036 Corporate Bond ETF (VBCJ)

Unlike traditional bond funds, which roll over maturing bonds and never “end,” these ETFs come with a finish line.

This post is for paying subscribers only

Already have an account? Sign in.