Key stats
About Vanguard Tax-Exempt Bond ETF
Home page
Inception date
Aug 21, 2015
Structure
Open-Ended Fund
Replication method
Physical
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.06%
Cash0.94%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VTEB last dividends amounted to 0.14 USD. The month before, the issuer paid 0.14 USD in dividends,
VTEB assets under management is 35.59 B USD. It's fallen 0.20% over the last month.
VTEB fund flows account for 4.12 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.
Yes, VTEB pays dividends to its holders with the dividend yield of 3.27%. The last dividend (May 5, 2025) amounted to 0.14 USD. The dividends are paid monthly.
VTEB shares are issued by The Vanguard Group, Inc. under the brand Vanguard. The ETF was launched on Aug 21, 2015, and its management style is Passive.
VTEB expense ratio is 0.03% meaning you'd have to pay 0.03% of your investment to help manage the fund.
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.
VTEB invests in bonds.
VTEB price has fallen by −0.37% over the last month, and its yearly performance shows a −1.65% 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 1.45% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −2.58% decrease in three-month performance and has increased by 1.45% in a year.
VTEB trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.