Vanguard Global Infrastructure Index ETF (VBLD) Review & Analysis
- −3.1% in September (total return), ahead of the median property & infrastructure ETF at −3.9%.
- Investors added a net $18m (2.9% of the fund).
- The unit price closed the month at $71.25, 10% below its 12-month high (range $70.23 to $79.25).
- 🏆 Won Best 5Y performer: Property & infrastructure in the September ReviewETF Awards.
About VBLD
VBLD holds listed infrastructure companies from developed markets around the world. It tracks the FTSE Developed Core Infrastructure Index, is passively managed and unhedged, and holds well over a hundred companies across utilities, transport and energy infrastructure.
Utilities such as electricity, gas and water providers make up around half the fund, with railways, pipelines, toll roads and airports making up much of the rest. The US is the largest market by a wide margin, with Canada, Europe, the UK and Japan following. Infrastructure revenue is often regulated or contracted, which can make returns steadier than the wider sharemarket, but these companies are sensitive to interest rates and regulation. Distributions are unfranked, and being unhedged, a falling Australian dollar lifts returns while a rising one trims them.
VBLD is often used as a low-cost satellite to add global infrastructure to a portfolio. Alternatives include IFRA, which is hedged, GLIN and the actively managed CUIV; see IFRA vs VBLD and GLIN vs VBLD.
VBLD distributions and dividend dates
VBLD pays distributions quarterly, usually going ex-distribution in January, April, July and October, with payment about 15 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $0.3472 per unit (1% franked), ex-distribution on 1 October 2026 and paid on 16 October 2026. To receive it you need to own VBLD before the ex-date.
Its distribution yield over the past 12 months is about 2.1%, with distributions around 1% franked. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare VBLD with
| Fee | 0.47% | 0.20% |
| 1 year | −0.8% | +5.3% |
| 5 yrs p.a. | +6.0% | +5.3% |
| Size | $648m | $2.1bn |
| Fee | 0.47% | 0.98% |
| 1 year | −0.8% | +6.1% |
| 5 yrs p.a. | +6.0% | – |
| Size | $648m | $3.0bn |
| Fee | 0.47% | 0.15% |
| 1 year | −0.8% | +5.7% |
| 5 yrs p.a. | +6.0% | – |
| Size | $648m | $1.9bn |
| Fee | 0.47% | 1.02% |
| 1 year | −0.8% | +10.5% |
| 5 yrs p.a. | +6.0% | – |
| Size | $648m | $1.4bn |
VBLD price by TradingView
| Stock Code | VBLD |
|---|---|
| Fund Manager | Vanguard |
| Asset Class | Property & infrastructure |
| AUM | $648m |
| MER (%) | 0.47% |
| Net flows (Sep) | +$18m |
| Last Price | $71.25 |
| 52-Week Range | $70.23 – $79.25 |
| Bid/Ask Spread | 0.07% |
| Listing Date | 23/10/2018 |
| Exchange | ASX |
| Index tracked | FTSE Developed Core Infrastructure Index |
| Issuer website | Vanguard ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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