Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

NASDAQ Financial Services Asset Management - Bonds

This exchange-traded fund aims to generate a steady and respectable income stream for investors. Its portfolio predominantly consists of debt securities issued by well-established corporations, which are recognized as high-quality or "investment-grade." The fund carries an average degree of sensitivity to shifts in interest rates, largely because the bonds it holds have a dollar-weighted average maturity period of five to ten years.