Vanguard Tax-Exempt Bond ETFVanguard Tax-Exempt Bond ETFVanguard Tax-Exempt Bond ETF

Vanguard Tax-Exempt Bond ETF

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Key stats


Assets under management (AUM)
‪35.60 B‬USD
Fund flows (1Y)
‪4.02 B‬USD
Dividend yield (indicated)
3.27%
Discount/Premium to NAV
0.1%
Shares outstanding
‪728.85 M‬
Expense ratio
0.03%

About Vanguard Tax-Exempt Bond ETF


Issuer
The Vanguard Group, Inc.
Brand
Vanguard
Inception date
Aug 21, 2015
Structure
Open-Ended Fund
Index tracked
S&P National AMT-Free Municipal Bond
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
The fund is passively managed to target the US muni bond space. Its underlying index primarily includes municipal bonds issued by state or local governments or agencies whose interest is federal tax-exempt and AMT-free. Eligible securities must have a rating of at least investment grade as determined by an NRSRO and should be denominated in USD. A minimum par amount of $25 million and a minimum term to maturity of at least one month are also required. To track the index, the fund employs a sampling strategy. The index is weighted by market value and rebalances monthly.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
AMT-free
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.06%
Cash0.94%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to VTEB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
VTEB trades at 48.83 USD today, its price has fallen −0.14% in the past 24 hours. Track more dynamics on VTEB price chart.
VTEB net asset value is 48.83 today — it's risen 0.22% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
VTEB assets under management is ‪35.60 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
VTEB price has fallen by −0.02% over the last month, and its yearly performance shows a −1.79% decrease. See more dynamics on VTEB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.58% decrease in three-month performance and has increased by 1.34% in a year.
VTEB fund flows account for ‪4.13 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
VTEB invests in bonds. See more details in our Analysis section.
VTEB expense ratio is 0.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, VTEB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, VTEB technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VTEB shows the strong sell signal. See more of VTEB technicals for a more comprehensive analysis.
Yes, VTEB pays dividends to its holders with the dividend yield of 3.27%.
VTEB shares are issued by The Vanguard Group, Inc.
VTEB follows the S&P National AMT-Free Municipal Bond. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 21, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.