BIV

Vanguard Intermediate-Term Bond ETF

$77.91

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Vanguard Intermediate-Term Bond ETF (BIV) seeks to track the performance of a market-weighted bond index that has an intermediate-term dollar-weighted average maturity.

Overview

ETF tracking Vanguard Intermediate-Term Bond ETF

Category Fixed Income

Issuer Vanguard

Inception Date 2008-09-19

Market Cap $25.1B

Average Volume N/A

Dividend Yield 3.32%

52-Week Range $73.78 - $78.84

VWAP $77.97

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Vanguard Intermediate-Term Bond ETF (BIV) seeks to track the performance of a market-weighted bond index that has an intermediate-term dollar-weighted average maturity.

🎯 Investment Strategy

The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. 5-10 Year Government/Credit Bond Index. This index includes investment-grade, U.S. dollar-denominated, fixed-rate bonds with maturities between 5 and 10 years.

✨ Key Features

Provides exposure to a diversified portfolio of intermediate-term investment-grade bonds
Utilizes a passive, index-tracking approach to minimize costs and trading
Intermediate-term maturity profile balances income potential and interest rate risk
Low expense ratio of 0.00% makes it a cost-effective fixed income investment

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: Issuers may fail to make timely interest or principal payments
Liquidity risk: Difficulty buying or selling shares at desired prices
Tracking error risk: Fund may not perfectly track its underlying index

👤 Best For

The Vanguard Intermediate-Term Bond ETF may be suitable for investors seeking stable income and moderate capital appreciation, with a medium-term investment horizon. It can serve as a core fixed income allocation in a diversified portfolio.