BLV

Vanguard Long-Term Bond ETF

$70.19

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Vanguard Long-Term Bond ETF (BLV) seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity.

Overview

ETF tracking Vanguard Long-Term Bond ETF

Category Fixed Income

Issuer Vanguard

Inception Date 2008-09-19

Market Cap $5.7B

Average Volume N/A

Dividend Yield 3.85%

52-Week Range $66.09 - $72.84

VWAP $70.33

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Vanguard Long-Term Bond ETF (BLV) seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity.

🎯 Investment Strategy

The fund invests in a diversified portfolio of high-quality, investment-grade U.S. corporate, government, and government agency bonds with maturities greater than 10 years. It employs a passive management strategy, seeking to provide broad exposure to the long-term U.S. bond market.

✨ Key Features

Broad exposure to the long-term U.S. bond market
Invests in high-quality, investment-grade bonds with maturities over 10 years
Passively managed to track the performance of the target index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: Issuers may fail to make timely interest or principal payments
Liquidity risk: Difficulty buying or selling bonds in volatile or uncertain market conditions
Reinvestment risk: Coupons and principal may need to be reinvested at lower rates

👤 Best For

The Vanguard Long-Term Bond ETF may be suitable for investors seeking exposure to the long-term U.S. bond market as part of a diversified fixed-income allocation. It may be appropriate for investors with a longer investment horizon who can tolerate the higher volatility associated with long-term bonds.