Current data for 2025 is not available.

Estimation based on 2023:

• Top 3 markets:
  • USA: approx. 70%
  • Europe: approx. 20%
  • Asia: approx. 10%

The Vanguard Long-Term Bond ETF (BLV) is a bond fund that invests in various fixed-income securities. As a bond fund, it does not generate revenues from industries in the conventional sense, but earns income from interest payments on the held bonds.

The geographical distribution of investments shows that the majority of bonds are held in the USA, followed by Europe and Asia. This reflects the fund's strong presence and focus on the US bond market.

Vanguard Long-Term Bond ETF (ARCA:BLV) is an exchange-traded fund (ETF) and not a company that produces physical products.

Vanguard is an investment company that offers financial products such as ETFs and mutual funds. These products are not produced physically, but consist of a portfolio of bonds or other financial instruments managed by Vanguard. The Vanguard Long-Term Bond ETF invests in a variety of bonds, typically issued by various issuers worldwide.

Current Yield: 4.2% (2025) Managed Assets: 15 billion USD (2025)

Vanguard pursues a strategy with the Long-Term Bond ETF (BLV) that focuses on diversification and long-term stability. The fund invests in a broad range of long-term bonds to benefit from stable interest income.

In the coming years, Vanguard plans to promote growth by expanding the range of bonds to be able to flexibly respond to different interest rate environments. In addition, there will be an increased focus on cost-efficient management to enhance attractiveness for investors.

Vanguard continues to rely on its proven strategy of low costs and broad diversification to secure stable long-term returns and increase managed assets.

Vanguard Long-Term Bond ETF (ARCA:BLV) is an exchange-traded fund that invests in bonds and does not import physical commodities or materials.

This ETF focuses on long-term bonds issued by US governments, companies, and other institutions. As a financial product, there are no physical imports of commodities or materials.

The performance and composition of the fund are based on the underlying bonds and their issuers, not on physical goods.

Total Assets: approximately 6.8 billion USD (2023)
Expense Ratio: 0.04% (2023)
Average Return of the Last 5 Years: approximately 4.5% p.a. (estimated)

The Vanguard Long-Term Bond ETF (BLV) has a significant competitive advantage due to its extremely low expense ratio of 0.04%, which is well below the industry average. These low costs allow investors to retain a larger portion of their returns, making the ETF particularly attractive.

In addition, BLV benefits from Vanguard's strong brand and reputation as one of the largest and most trusted providers of index funds. This attracts both institutional and individual investors looking for cost-effective and diversified investment opportunities.

The ETF invests in a broad range of long-term bonds, providing stable returns with risk mitigation. This is especially appealing in times of low interest rates, as investors seek stable sources of income. BLV's competitive advantage lies in its cost structure, Vanguard's brand strength, and strategic portfolio composition.

Institutional Investor Share: approximately 70% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions known

The Vanguard Long-Term Bond ETF (BLV) is a popular fund among institutional investors as it offers broad diversification and stable returns. The institutional investor share typically stands at around 70%, as pension funds, insurance companies, and other large investors are interested in the stable yields of bonds.

Insider buys or sells are not common with ETFs like BLV, as these funds consist of a variety of bonds and are not managed by a single company that could carry out insider transactions.

Market share of Vanguard Long-Term Bond ETF (BLV): Estimated around 8% (2025)

Top competitors and their market shares:

1. iShares 20+ Year Treasury Bond ETF (TLT): around 12%
2. SPDR Portfolio Long Term Treasury ETF (SPTL): around 10%
3. Schwab Long-Term U.S. Treasury ETF (SCHQ): around 9%
4. Invesco Long Term Government Bond ETF (PLW): around 7%
5. iShares U.S. Treasury Bond ETF (GOVT): around 6%

The market for Long-Term Bond ETFs is highly competitive, with major providers like iShares and SPDR playing a leading role. Vanguard, with its BLV ETF, holds a significant market share, although not the largest.

Company's economic moat:

Vanguard has a moderate economic moat, mainly attributed to its strong brand recognition, low cost structure, and broad acceptance of its products. These factors enable Vanguard to successfully compete in a challenging market environment.

Compared to competitors, Vanguard often offers lower expense ratios, which is a significant advantage for cost-conscious investors. However, some competitors, like iShares, may have a stronger economic moat in certain segments due to specialized products and an extensive product range.

In conclusion, while Vanguard has a solid economic moat, it may be surpassed by competitors in specific areas that excel through product diversification and specialized offerings.

Total return of the last 5 years: 4.2% p.a. (estimated, as of 2025)
Average annual distribution yield: 3.5% (estimated, as of 2025)
Share of government bonds: 60% (estimated, as of 2025)
Average maturity of bonds in the fund: 20 years (estimated, as of 2025)

The Vanguard Long-Term Bond ETF (BLV) mainly invests in long-term bonds, with a significant portion held in government bonds. This provides a certain level of stability and security, especially in times of economic uncertainty. The average annual distribution yield of around 3.5% is attractive to investors seeking regular income.

However, long-term bonds are sensitive to changes in interest rates. In an environment of rising interest rates, the prices of the bonds held in the fund could come under pressure, potentially affecting the total return. On the other hand, long-term bonds benefit in a stable or declining interest rate environment.

For investors with a long-term perspective and seeking stable returns, BLV could be a good addition to the portfolio. However, it is important to monitor interest rate developments and economic conditions.

Dividend Yield: 3.5% (estimated for 2025)

Dividend History: Regular payouts

The Vanguard Long-Term Bond ETF (ARCA:BLV) regularly pays dividends, which come from the interest income of the bonds held in the fund. The dividend yield is estimated to be 3.5% for the year 2025, based on current interest rates and the fund's composition.

The payouts are typically reliable as they are based on the interest payments of the bonds held by the fund. Since bonds generally offer a fixed interest rate, the dividends are relatively stable unless there are significant changes in the interest rate environment or the credit quality of the bond issuers.