VCEB

Vanguard ESG U.S. Corporate Bond ETF
*Unless otherwise stated, data provided by FactSet.

VCEB Fund Description

VCEB tracks an index of US investment-grade corporate bonds of varying maturities, selected based on certain ESG traits provided by MSCI ESG research.

VCEB Factset Analytics Insight

VCEB is Vanguard’s first move into the ESG fixed income markets. The fund includes USD-denominated bonds with various maturities. The fund’s parent index — Bloomberg Barclays U.S. Corporate Index, represents the broad US investment-grade corporates, so expect similar exposure to VTC but with a positive ESG screen. MSCI will provide the ESG research and exclude firms that do not meet certain diversity criteria on their board and those that do not meet controversy assessment standards related to environmental, labor and human rights, as well as governance. Firms that derive threshold amounts of revenue from adult entertainment, alcohol, gambling, tobacco, nuclear power/weapons, civilian firearms, genetically modified organisms, thermal coal, oil, or gas are excluded. Moreover, firms must be adhering to the United Nations Global Compact Principles to be considered for inclusion.

VCEB MSCI ESG Analytics Insight

Vanguard ESG U.S. Corporate Bond ETF has an MSCI ESG Fund Rating of A based on a score of 6.99 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Vanguard ESG U.S. Corporate Bond ETF ranks in the 77th percentile within its peer group and in the 86th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
VCEB 0.99% 2.62% -2.50% -- -- -- --
VCEB (NAV) 1.61% 2.62% -1.96% -- -- -- --
Bloomberg Barclays US Aggregate Corporate Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VCEB Summary Data

Vanguard
09/22/20
Open-Ended Fund
0.12%
$169.62M
$1.46M
0.04%

VCEB Portfolio Data

7.91
--
2.11%
N/A
1,945

VCEB Index Data

Bloomberg Barclays MSCI U.S. Corporate SRI Index
Market Value
Principles-based
Bloomberg Barclays US Aggregate Corporate Index

VCEB Portfolio Management

0.12%
--
--
--

VCEB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

VCEB Fund Structure

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

VCEB Factset Analytics Block Liquidity

As of 06/11/21
5
4
3
2
1

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

VCEB Tradability

19,952
$1.46M
12,470
$905.62K
0.04%
$0.03
0.18%
0.66% / -0.32%
None
100.00%
--
--
--
--
0
$74.00
N/A

VCEB Sector/Industry Breakdown


VCEB
Segment Benchmark
59.36%
--
39.91%
--
0.66%
--
0.07%
--

VCEB Top 10 Holdings[View All]

0.49%
0.39%
0.30%
0.26%
0.23%
0.21%
0.21%
0.21%
0.20%
0.20%
2.69%

VCEB Top 5 Countries


VCEB
Segment Benchmark
85.08%
--
5.96%
--
2.75%
--
2.05%
--
0.94%
--

VCEB Top 5 Currencies


VCEB
Segment Benchmark
85.08%
--
5.96%
--
2.75%
--
2.05%
--
0.94%
--

VCEB Performance Statistics

--
--
--
--
--

VCEB MSCI ESG Ratings

6.99 / 10
86.14
76.74
--
2.59%
37.95

VCEB Holdings Statistics

11.24 years
7.91
2.11%
7.91
Low
1,945
0.82%

VCEB Avg Life Maturity Distribution

0.58%
8.82%
9.40%
17.11%
14.36%
16.47%
3.89%
6.48%
22.90%

VCEB OAS Breakdown

67.45%
31.32%
1.20%
0.02%
--
--
--
--
--
--
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