Serve with panna cotta (eggless custard) or over ice cream or crêpes. Cook: 35 minutes.
Combine all ingredients in small saucepan; bring to a boil, and reduce heat to low. Cook, stirring occasionally, 35 minutes or until reduced to about 2/3 cup. Remove vanilla bean, and reserve for garnish, if desired. Chill until ready to serve. Refrigerate, covered, up to 1 week.