# Vanguard Core Bond Fund Admiral Shares (VCOBX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vcobx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Core Investment Grade Bond - Strategy: Actively Managed · Inception: 2016-03-28 This actively managed fund aims to provide extensive exposure, primarily within the U.S. investment-grade fixed income market. It stands out for its low expense ratio and allocates capital to various U.S. Treasury, mortgage-backed, and corporate securities. These holdings span a range of yields and maturities, encompassing short-term, intermediate-term, and long-term issues. Employing a disciplined, risk-conscious approach, the fund endeavors to surpass the performance of the broader investment-grade market. This is achieved through careful security selection, strategic sector allocation, a... ## Key Facts | Metric | Value | |---|---| | Price | $17.40 | | Expense Ratio | 0.10% | | Assets Under Management | $23.30B | | NAV | $17.38 | | Holdings Count | 1726 | | Distribution Yield (TTM) | 4.91% | | Annual Distribution (TTM) | $0.85 /share | | Distribution Frequency | Monthly | | 52-Week Range | $17.07 – $18.46 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.0693 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does VCOBX invest in? This actively managed fund aims to provide extensive exposure, primarily within the U.S. investment-grade fixed income market. It stands out for its low expense ratio and allocates capital to various U.S. Treasury, mortgage-backed, and corporate securities. These holdings span a range of yields and maturities, encompassing short-term, intermediate-term, and long-term issues. Employing a disciplined, risk-conscious approach, the fund endeavors to surpass the performance of the broader investment-grade market. This is achieved through careful security selection, strategic sector allocation, and, to a lesser extent, decisions regarding duration. As with other bond investments, this fund is susceptible to interest rate fluctuations; an uptick in rates can depress the value of its underlying bonds, thereby reducing the fund's net asset value. Given its comprehensive coverage across all major segments and maturity profiles of the investment-grade fixed income landscape, investors might consider this fund a foundational component of their bond allocation. It's important to note that the Vanguard Core Bond Fund is a distinct offering from the Vanguard Core Bond ETF (VCRB). Differences in fund size, specific investment methodologies, and actual portfolio holdings are anticipated to lead to varying investment outcomes between the two. ### What is the expense ratio of VCOBX? Vanguard Core Bond Fund Admiral Shares (VCOBX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VCOBX's dividend yield? VCOBX's trailing-twelve-month yield is 4.91%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VCOBX? Effective duration measures VCOBX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VCOBX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VCOBX? VCOBX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of VCOBX? Yield to maturity (YTM) is the total return you'd earn from VCOBX if every bond in the portfolio is held to maturity at the current price. VCOBX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does VCOBX pay a dividend? Yes, Vanguard Core Bond Fund Admiral Shares (VCOBX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.91%. Full dividend history is on this page. ### How often does VCOBX pay dividends? Vanguard Core Bond Fund Admiral Shares pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VCOBX's next ex-dividend date? The most recently announced ex-dividend date for VCOBX was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will VCOBX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VCOBX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VCOBX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VCOBX cost more than a fund like VOO? VCOBX is actively managed (current expense ratio 0.10%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VCOBX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VCOBX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VCOBX (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vcobx - Distribution history: https://www.dividenddata.com/funds/vcobx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vcobx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vcobx/expenses - Peer comparison: https://www.dividenddata.com/funds/vcobx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.