VCIT

The Vanguard Intermediate-Term Corporate Bond Index Fund ETF (VCIT) invests primarily in investment‑grade corporate debt issued by U.S. companies, covering a broad range of industries and focusing on bonds with maturities roughly between five and ten years. It tracks the Bloomberg Barclays U.S. 5‑10 Year Corporate Bond Index, using a passively managed, full‑replication approach to mirror the performance of that benchmark. The fund’s holdings are largely dollar‑denominated, with minimal exposure to foreign issuers or non‑corporate securities. It is suited for investors seeking relatively stable income, moderate interest‑rate risk, and diversification within a fixed‑income allocation, especially those with a medium‑term investment horizon.