About Vanguard Target Maturity 2031 Corporate Bond ETF

VBCE is part of the Vanguard Target Maturity Corporate Bond suite. The fund behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case, December 15, 2031, instead of perpetual exposure to a maturity pocket of the US corporate investment-grade bond market. As the fund matures, its maturity, duration, and YTM will continue to decline. On its target date, VBCE...