# Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vltcx 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: Passive Index · Inception: 2010-01-19 This economical index fund aims to track a broad market of long-term corporate bonds. Its holdings consist primarily of U.S. dollar-denominated, investment-grade, fixed-rate, taxable debt instruments issued by industrial, utility, and financial sector companies, all with maturities extending beyond ten years. A significant risk arises from the high sensitivity of long-duration bonds to interest rate changes; thus, an increase in rates could diminish the value of the underlying portfolio bonds, thereby reducing the fund's share price. This offering is well-suited for investors seeking consis... ## Key Facts | Metric | Value | |---|---| | Price | $18.97 | | Expense Ratio | 0.06% | | AUM (All Share Classes) | $8.30B | | NAV | $18.97 (2026-10-29 close) | | Holdings Count | 1142 | | Distribution Yield (TTM) | 5.82% | | Annual Distribution (TTM) | $1.10 /share | | Distribution Frequency | Monthly | | 52-Week Range | $18.28 – $20.95 | | Beta | 1.97 | ## Latest Distribution - Amount: $0.0935 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does VLTCX invest in? This economical index fund aims to track a broad market of long-term corporate bonds. Its holdings consist primarily of U.S. dollar-denominated, investment-grade, fixed-rate, taxable debt instruments issued by industrial, utility, and financial sector companies, all with maturities extending beyond ten years. A significant risk arises from the high sensitivity of long-duration bonds to interest rate changes; thus, an increase in rates could diminish the value of the underlying portfolio bonds, thereby reducing the fund's share price. This offering is well-suited for investors seeking consistent interest income who also possess a high tolerance for substantial market value volatility. ### What is the expense ratio of VLTCX? Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VLTCX's dividend yield? VLTCX's trailing-twelve-month yield is 5.82%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VLTCX? Effective duration measures VLTCX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VLTCX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VLTCX? VLTCX'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 VLTCX? Yield to maturity (YTM) is the total return you'd earn from VLTCX if every bond in the portfolio is held to maturity at the current price. VLTCX'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 VLTCX pay a dividend? Yes, Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.82%. Full dividend history is on this page. ### How often does VLTCX pay dividends? Vanguard Long-Term Corporate Bond Index 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 VLTCX's next ex-dividend date? The most recently announced ex-dividend date for VLTCX 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 VLTCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.06% 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 VLTCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VLTCX'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 VLTCX cost more than a fund like VOO? VLTCX is a passive index fund (current expense ratio 0.06%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to VLTCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VLTCX (0.06%) 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/vltcx - Distribution history: https://www.dividenddata.com/funds/vltcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vltcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vltcx/expenses - Peer comparison: https://www.dividenddata.com/funds/vltcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.