Vanguard Target Maturity 2032 Corporate Bond ETF
Vanguard Target Maturity 2032 Corporate Bond ETF (NASDAQ: VBCF) is an exchange-traded fund listed on NASDAQ, trading at $72.59 (about ₹6,973 a unit) as of 30 Sep 2026, 9:30 AM ET. It has an expense ratio of 0.08%. Indian residents can buy VBCF through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$72.59
Today's high
$72.59
52 week low
$72.24
52 week high
$76.52
VBCF opened at $72.59, closed previously at $72.40, and has traded between $72.24 and $76.52 over the past 52 weeks.
About
VBCF is an exchange-traded fund belonging to Vanguard's Target Maturity Corporate Bond series. Distinct from a typical bond fund, this ETF is structured to perform more like a single bond. It offers a precise, fixed maturity date of December 15, 2032, meaning its exposure to the US corporate investment-grade bond market is tied to this specific end date, rather than continuously maintaining a particular maturity profile. As the fund progresses towards its maturity, its remaining term, interest rate sensitivity (duration), and yield-to-maturity will gradually decrease. Upon reaching its target date, VBCF will undergo liquidation, distributing all capital back to its investors. This unique design makes it an ideal component for constructing a bond ladder strategy. Ultimately, the fund provides an effective pathway to invest in a diverse collection of high-quality US corporate bonds, emulating the entire lifespan of an individual debt instrument.
Key statistics
Expense ratio
0.08%
Assets (AUM)
$43.2M
Holdings
—
NAV
$72.31
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 10.4% of the fund.
Where the money is invested
Countries
How to buy VBCF from India
Indian residents can buy VBCF units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search VBCF and buy
Find the fund by its ticker, VBCF, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in VBCF from India
Trading and taxes when buying VBCF from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the VBCF price today?
Vanguard Target Maturity 2032 Corporate Bond ETF (VBCF) last traded at $72.59 on NASDAQ, as of 30 Sep 2026, 9:30 AM ET. That is ₹6,973 a unit at the 29 Sep 2026 USD/INR rate.
When does VBCF trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is VBCF, and what does it cost to hold?
Vanguard Target Maturity 2032 Corporate Bond ETF manages about $43.2M. Its expense ratio is 0.08% a year, deducted inside the fund. It launched in 2026.
What are VBCF's largest holdings?
The top three are Bank of America Corp 5.01% 07/22/2033 (1.4%), Wells Fargo & Co 3.35% 03/02/2033 (1.1%) and Citigroup Inc 6.27% 11/17/2033 (1.1%). VBCF's 10 largest positions make up 10.4% of the fund.
Does VBCF pay dividends?
Yes. VBCF is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on VBCF taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of VBCF?
Yes. You can buy VBCF by amount rather than by whole unit, and there is no minimum trade size.