Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares (VICSX)
Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $21.92, up 0.09% on the session, giving a market capitalisation of $69.41B. Its beta of 1.07 implies it has historically moved more than the broad market.
This economical index fund targets a portfolio of US dollar-denominated, high-quality corporate bonds that offer a fixed interest rate. These taxable securities come from industrial, utility, and financial sectors and typically mature within five to ten years. A primary risk stems from shifts in interest rates; rising rates could diminish bond prices, while falling rates might lead to reduced income over time. It may appeal to investors prioritizing consistent income generation who are also comfortable with some degree of variability in both asset value and earnings.
Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares is most often compared with the following Financial Services names: