BLV
Vanguard Long-Term Bond ETF
Vanguard Long-Term Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Barclays Capital Long Government/Credit Index, which includes all medium and larger issues of U.S. government, investment-grade corporate and international bonds that have maturities of greater than 10 years.
Aggregate
FIXED INCOME
Passive
MANAGEMENT STYLE
$ 7.9 B
ASSETS UNDER MGMT
4 bp
EXPENSES
Fund Basics
| Inception date | Apr 03, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| U.S. TREASURY BONDS | 1.3 % |
| U.S. TREASURY BONDS | 1.2 % |
| U.S. TREASURY BONDS | 1.2 % |
| U.S. TREASURY BONDS | 1.2 % |
| U.S. TREASURY BONDS | 1.2 % |
| U.S. TREASURY BONDS | 1.2 % |
| U.S. TREASURY BONDS | 1.2 % |
| U.S. TREASURY BONDS | 1.0 % |
| U.S. TREASURY BONDS | 1.0 % |
| U.S. TREASURY BONDS | 1.0 % |
Constituent Breakdown
| No. of constituents | 49 |
| No. of distinct issuers | 44 |
| Coverage | 98% |
| Fixed/floating rate | 98% / 2% |
| Investment grade | 99 % |
| Inflation protected | 0% |
| Non-standard maturity (callable, etc.) | 24% |
Issuer Type Breakdown
Top Issuers
| U.S. TREASURY | 22.0 % |
| GOVERNMENT OF THE UNITED STATES OF AMERI | 15.6 % |
| PERU (REPUBLIC OF) | 2.2 % |
| 21ST CENTURY FOX AMERICA | 2.0 % |
| NEXEN INC | 2.0 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -5.1% | -4.2% | -4.5% | -3.7% | -9.0% | -4.1% | -- | -0.7% |
| Dividend Yield | 2.3% | 4.6% | 4.5% | 4.5% | 3.9% | 4.1% | -- | 4.6% |
| Total Returns | -2.8% | 0.4% | 0.0% | 0.8% | -5.1% | 0.0% | -- | 4.0% | Ann. Volatility | 8.2% | 7.8% | 9.8% | 11.3% | 12.9% | 12.0% | -- | 11.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.19 | 9% |
| MSCI EAFE | 0.22 | 19% |
| MSCI Emg Mkts | 0.11 | 11% |
Liquidity Measures
| Avg. volume (000) | 718 |
| ADV traded (mns) | $47 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $66.55 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -0.32/-0.36 |
| Bollinger Bands (Upper/Lower) | $66.85/$65.58 |
| Short interest (% of AUM) | 0.0% |
Distributions
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Credit Quality
Duration
Macaulay Duration
Modified Duration
SHORT
MED.
LONG TERM
15.3 yrs
Modified Duration
◁ INSENSITIVE
EXTREMELY SENSITIVE ▷
15.0%
ⓘ Our analysis shows this fund is likely to be quite sensitive to changes in interest rates
Interest Rate Sensitivity Analysis
| Change in YTM |
New YTM |
Est. Price Change |
New Price |
|---|---|---|---|
| +300 bp | --% | --% | $-- |
| +200 bp | --% | --% | $-- |
| +150 bp | --% | --% | $-- |
| +100 bp | --% | --% | $-- |
| +75 bp | --% | --% | $-- |
| +50 bp | --% | --% | $-- |
| +25 bp | --% | --% | $-- |
| 0 bp | --% | --% | $-- |
| -25 bp | --% | --% | $-- |
| -50 bp | --% | --% | $-- |
| -75 bp | --% | --% | $-- |
| -100 bp | --% | --% | $-- |
| -150 bp | --% | --% | $-- |
| -200 bp | --% | --% | $-- |
| - 300bp | --% | --% | $-- |
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Yields
Disposition of YTM
Distribution Yield (Trailing 12 Months)
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ETF Research Center Fund Rating
The ALTAR Score™ is our measure of an ETF's overall investment merit. For fixed income funds, the Score is an estimate of risk-adjusted yield to maturity (calculation shown below). In effecient markets, the plot of ALTAR Scores™ vs. Duration should resemble the familiar yield curve. Funds that sit above the curve may offer better risk-adjusted returns than those that sit below the curve.
ALTAR Score™
BLV
5.1%
Cat. Avg
2.9%
Fund Category: Aggregate
| Adj. Yield to Maturity | -- bp |
| Less: Annual "default factor" | -- bp |
| Less: Expenses | 4 bp |
| Equals: ALTAR Score™ | 5.1% |
ALTAR Score™ vs. Duration (Aggregate Bond ETFs)