Vanguard USD Corporate 1-3 year Bond UCITS ETF

The Vanguard USD Corporate 1-3 yr Bd UCITS ETF invests in a diversified portfolio of U.S. dollar-denominated corporate bonds that have maturities between one and three years. It holds a variety of investment-grade corporate securities from different industries, focusing on providing stable income and minimizing interest rate risk by limiting the duration of its bonds. The fund aims to track the performance of a relevant benchmark index by physically owning the underlying bonds, ensuring broad exposure to short-term corporate debt in the U.S. market.