VFICX Mutual Fund — Vanguard Intermediate-Term Investment-Grade Fund Investor Shares

Vanguard Intermediate-Term Investment-Grade Fund Investor Shares (VFICX)

VFICX is a low-cost Mutual Fund. As of August 17, 2026, its distribution rate is 0.05%, its trailing-12-month yield is 5.09%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 99/100 (Safe). Total return is 395.4% over the past 32.7 years, 2522.5 points behind SPY at 2917.9%.

At the current 0.05% distribution rate, a $10,000 investment would generate approximately $5 per year, or $0.42 per month on an equivalent basis.

Vanguard Intermediate-Term Investment-Grade Fund is a mutual fund that invests at least 80% of assets in investment-grade fixed income securities with a dollar-weighted average maturity of 5 to 10 years. The fund carries a modest expense ratio of 0.20% and currently distributes at a moderate rate. This fund appeals to income-focused investors seeking steady distributions from a diversified portfolio of intermediate-term bonds with investment-grade credit quality.

VFICX performance versus SPY

Data as of August 17, 2026.

Total return is 395.4% over the past 32.7 years, 2522.5 points behind SPY at 2917.9%. Its deepest 1-year drawdown was 3.3%.

VFICX key facts

Data as of August 17, 2026.

Distribution Safety Score™

99 · Safe

Safety-Adjusted Yield

0.05%

Issuer

Vanguard

Asset type

Mutual Fund

Asset class

Fixed Income

Inception date

11/01/1993

Expense ratio

0.20%

Distribution rate

0.05%

Trailing yield

5.09%

Last close

$8.63

AUM

$39,302,050,000

Average volume

0.0

Last dividend

$0.0373

Ex-dividend date

07/31/2026

Payment date

08/03/2026

Beta

1.08

P/E ratio

38.6034

How Dividend Vision calculates yield and returns

Distribution rate (0.05%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.09%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. Figures below use Dividend Vision data as of August 17, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 17, 2026.

Primary sources: Vanguard; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

VFICX risks and drawbacks

VFICX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.3%.

Who may consider VFICX — and who may not

VFICX may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Vanguard.