What is BIV?

BIV tracks a market-weighted index of the entire investment-grade fixed-income market with maturities of 5-10 years.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BIV 2.28% 7.86% 3.28% -8.32% -1.60% 1.37% 1.68%
BIV (NAV) 2.23% 7.75% 3.29% -8.49% -1.58% 1.36% 1.69%
Bloomberg U.S. 5-10 Year Government/Credit Float Adjusted Index 2.22% 7.77% 3.00% -8.47% -1.55% 1.38% 1.74%
Bloomberg US Intermediate Government/Credit Index 1.35% 4.76% 1.78% -5.31% -0.78% 1.22% 1.30%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BIV Factset Analytics Insight

BIV is an intermediate-term bond ETF that adopts a slightly more stringent definition of "intermediate" by excluding bonds with maturities of under 5 years and over 10. This sets it apart from its competitors and our benchmark, which have broader interpretations of intermediate-term bonds. As such, BIV has a longer average maturity and a slight bias toward lower-rated corporate bonds. Nearly the whole portfolio is in bonds expiring between 5-10 years, compared with about one third for our benchmark. The fund suffers in terms of transparency thanks to Vanguard's monthly disclosure practices.

BIV Summary Data

Vanguard
04/03/07
0.04%
$13.91B
Bloomberg U.S. 5-10 Year Government/Credit Float Adjusted Index
Bloomberg US Intermediate Government/Credit Index
Open-Ended Fund

Peers

Bloomberg US Intermediate Government/Credit Index
GVI, GBF

Fund Flows

+$0.07B 5 Days
+$0.72B 30 Days
+$1.00B 90 Days

BIV Portfolio Data

6.31
--
4.40%
N/A
--

BIV Index Data

Bloomberg U.S. 5-10 Year Government/Credit Float Adjusted Index
Market Value
Market Value
Bloomberg US Intermediate Government/Credit Index

BIV Portfolio Management

0.04%
-0.01%
0.15%
-0.19%

BIV Tax Exposures

20.00% / 39.60%
0.72%
Ordinary income
No

BIV Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Monthly

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of BIV. BIV is rated a 5 out of 5.

BIV Tradability

1,232,714
$93.16M
1,145,256
$87.24M
0.01%
$0.01
0.04%
0.39% / -0.24%
None
100.00%
100,000
11.45
0.00%
--
124
$76.68
5

BIV Sector/Industry Breakdown

BIV Segment
Benchmark
60.58% --
17.15% --
2.81% --
2.64% --
1.76% --
1.64% --
1.58% --
1.57% --
1.33% --
1.30% --

BIV Top 10 Holdings

2.45%
2.29%
2.22%
2.21%
2.20%
2.18%
2.09%
2.05%
2.02%
1.91%
21.62%

BIV Performance Statistics

0.98
1.63
--
--
--

BIV Top 5 Countries

BIV Segment
Benchmark
92.07% --
1.42% --
1.21% --
1.19% --
0.60% --

BIV Top 5 Currencies

BIV Segment
Benchmark
92.07% --
1.42% --
1.21% --
1.19% --
0.60% --

BIV Avg Life Maturity Distribution

0.35%
0.01%
0.00%
0.79%
48.23%
47.93%
2.50%
0.01%
0.18%

BIV OAS Breakdown

67.97%
24.30%
6.89%
0.70%
0.13%
--
--
0.00%
--
--
--

BIV Holdings Statistics

7.27 years
6.31
4.40%
6.36
--
--
0.65%