Revenue distribution by industry:

1. Financial services: 25%
2. Healthcare: 20%
3. Consumer goods: 15%

TOP 3 markets:

1. USA: 60%
2. Europe: 25%
3. Asia: 10%

The Vanguard Long-Term Corporate Bond ETF (VCLT) invests in corporate bonds with long maturities. Revenues mainly come from the interest paid by companies in various industries, with financial services, healthcare, and consumer goods having the largest shares.

The USA is the largest market for VCLT, due to the high number of US corporate bonds in the portfolio. Europe and Asia follow suit, as significant companies in those regions also issue bonds included in the ETF.

Production: Not applicable

The Vanguard Long-Term Corporate Bond ETF (VCLT) is an exchange-traded fund (ETF) and not a manufacturing company. Therefore, it does not produce physical products. The ETF invests in a portfolio of long-term corporate bonds and offers investors the opportunity to invest in these bonds without having to buy individual bonds directly. The management and structuring of the fund is done by Vanguard, one of the largest investment companies worldwide.

Current Yield: 4.5% (2025) Managed Assets: 10 billion USD (2025)

The Vanguard Long-Term Corporate Bond ETF (VCLT) follows a passive investment strategy aiming to replicate the performance of the Bloomberg U.S. Long Corporate Index. This strategy focuses on long-term investment-grade corporate bonds.

For future growth, the ETF relies on diversifying its bond portfolios to minimize risk and generate stable returns. This is achieved by investing in a wide range of corporate bonds spread across various industries and issuers.

Furthermore, VCLT benefits from Vanguard's overall market strategy focusing on cost efficiency and economies of scale. This allows the ETF to maintain competitive fee structures, which is attractive to investors and promotes growth in managed assets.

Imported raw materials/materials: Not applicable
Import countries: Not applicable

The Vanguard Long-Term Corporate Bond ETF (VCLT) is an exchange-traded fund that invests in long-term corporate bonds. As a financial product, the ETF does not import or use physical raw materials or materials. Instead, its portfolio consists of bonds issued by various companies. The performance of the ETF depends on the interest rates and credit quality of the bonds in the portfolio, not on physical imports.

Asset Volume: $7.5 billion USD (2025, estimated)
Expense Ratio: 0.04% (2025, estimated)
Yield: 4.3% (2025, estimated)

The Vanguard Long-Term Corporate Bond ETF (VCLT) offers a significant competitive advantage through its low expense ratio of 0.04%, which is very competitive compared to other providers of bond ETFs. These low costs allow investors to keep more of their returns, making the ETF particularly attractive.

Additionally, VCLT benefits from Vanguard's strong brand and good reputation, being one of the largest and most trusted providers of mutual funds and ETFs worldwide. This enhances investors' trust and consistently attracts capital.

The fund's broad diversification across a variety of long-term corporate bonds also provides stability and a balanced risk-return profile, making it a preferred choice for long-term oriented investors.

Institutional Investor Share: approximately 80% (estimated, based on typical ETF structures)

Insider Trades: Not applicable

The Vanguard Long-Term Corporate Bond ETF (VCLT) is an exchange-traded fund primarily held by institutional investors. These investors often use ETFs as part of their investment strategy to achieve diversified exposure to specific market segments. The institutional investor share typically ranges from about 70-90% for such ETFs.

Since VCLT is an ETF, there are no insiders in the traditional sense as would be the case with individual companies. Insider trades are therefore not relevant for this fund. ETFs consist of a basket of securities and do not have corporate management that could buy or sell shares of the fund.

Market share of VCLT: Estimated 12% (2025)

Top competitors and their market shares:

1. iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD): 18%
2. SPDR Bloomberg Barclays Long Term Corporate Bond ETF (IBND): 10%
3. Invesco BulletShares 2025 Corporate Bond ETF (BSCN): 8%
4. Schwab U.S. Aggregate Bond ETF (SCHZ): 7%
5. iShares U.S. Treasury Bond ETF (GOVT): 6%

The Vanguard Long-Term Corporate Bond ETF (VCLT) holds a significant market share of approximately 12%, making it one of the leading ETFs in this segment. Its biggest competitor, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), holds the largest market share at 18%.

VCLT's moat mainly lies in Vanguard's strong brand recognition, low cost structures, and the broad diversification of its portfolio. These factors provide some protection against competitive pressures. However, LQD with its high liquidity and broad acceptance among institutional investors may have a potentially stronger moat.

Overall, VCLT offers a solid, but not insurmountable moat. The competition, especially LQD, may have a stronger competitive advantage due to their market position and specific benefits such as liquidity and institutional support.

Fund Size: $6.5 billion USD (2025)
Average Return of the Last 5 Years: 4.2% p.a.
Expense Ratio: 0.04%

The Vanguard Long-Term Corporate Bond ETF (VCLT) is known for its investment in long-term high-quality corporate bonds. The fund offers investors a way to benefit from stable interest payments, which can be particularly attractive in a low-interest rate environment.

The average return of 4.2% p.a. over the last five years shows that the fund has been able to deliver consistent performance. This is especially relevant for investors looking for a stable source of income.

The expense ratio of 0.04% is extremely low, making the fund cost-efficient and increasing the net return for investors. This is a significant advantage compared to other funds with higher cost structures.

In summary, the VCLT could be a good investment for investors seeking a stable source of income and a long-term investment horizon, especially in an environment where high-quality bond yields are in demand.

Dividend Yield: 4.3% (estimated for 2025)

The Vanguard Long-Term Corporate Bond ETF (VCLT) regularly pays dividends as it is a bond ETF that invests in long-term corporate bonds. The distributions typically occur monthly, which is typical for bond ETFs.

The reliability of VCLT's distributions is high as they are based on the interest payments of the underlying bonds. As long as the bonds in the portfolio continue to pay interest, investors can expect regular distributions. However, the amount of the dividend may vary depending on the interest rate environment and the specific bonds in the portfolio.