# Vanguard Global Credit Bond Fund Investor Shares (VGCIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vgcix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Global Bond - Strategy: Actively Managed · Inception: 2018-11-15 The Vanguard Global Credit Bond Fund Investor Shares aims to deliver a consistent, moderate income stream by strategically investing in a diverse array of global corporate and non-government debt instruments. This actively managed portfolio primarily allocates capital to investment-grade obligations, specifically excluding those backed by government guarantees. Its holdings span both U.S. and international markets, encompassing both mature and developing economies. To mitigate currency fluctuations, a significant portion of its non-U.S. exposure is hedged back to the U.S. dollar, enabling i... ## Key Facts | Metric | Value | |---|---| | Price | $9.30 | | Expense Ratio | 0.35% | | Assets Under Management | $994.8M | | NAV | $9.30 | | Holdings Count | 1241 | | Distribution Yield (TTM) | 5.10% | | Annual Distribution (TTM) | $0.47 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $9.18 – $9.84 | | Beta | 0.85 | ## Latest Distribution - Amount: $0.1085 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does VGCIX invest in? The Vanguard Global Credit Bond Fund Investor Shares aims to deliver a consistent, moderate income stream by strategically investing in a diverse array of global corporate and non-government debt instruments. This actively managed portfolio primarily allocates capital to investment-grade obligations, specifically excluding those backed by government guarantees. Its holdings span both U.S. and international markets, encompassing both mature and developing economies. To mitigate currency fluctuations, a significant portion of its non-U.S. exposure is hedged back to the U.S. dollar, enabling investors to access diverse global credit opportunities without incurring additional foreign exchange volatility. As with all fixed income investments, this fund carries interest rate risk; a rise in rates can diminish bond values and, consequently, the fund's net asset value. Furthermore, it is exposed to emerging market risks, characterized by greater volatility and lower liquidity compared to developed markets, alongside broader international risks like country-specific or regional instability. This fund may be suitable for long-term, risk-tolerant investors seeking to enhance the diversification of their existing bond portfolio. ### What is the expense ratio of VGCIX? Vanguard Global Credit Bond Fund Investor Shares (VGCIX) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VGCIX's dividend yield? VGCIX's trailing-twelve-month yield is 5.10%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VGCIX? Effective duration measures VGCIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VGCIX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VGCIX? VGCIX'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 VGCIX? Yield to maturity (YTM) is the total return you'd earn from VGCIX if every bond in the portfolio is held to maturity at the current price. VGCIX'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 VGCIX pay a dividend? Yes, Vanguard Global Credit Bond Fund Investor Shares (VGCIX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.10%. Full dividend history is on this page. ### How often does VGCIX pay dividends? Vanguard Global Credit Bond Fund Investor Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VGCIX's next ex-dividend date? The most recently announced ex-dividend date for VGCIX was 2026-10-01. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VGCIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% 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 VGCIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VGCIX'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 VGCIX cost more than a fund like VOO? VGCIX is actively managed (current expense ratio 0.35%). 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 VGCIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VGCIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VGCIX (0.35%) 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/vgcix - Distribution history: https://www.dividenddata.com/funds/vgcix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vgcix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vgcix/expenses - Peer comparison: https://www.dividenddata.com/funds/vgcix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.