Fund Description
Vanguard Tax-Exempt Bond Index ETF seeks to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market. The S&P National AMT-Free Municipal Bond Index is a broad, comprehensive, market value-weighted index designed to measure the performance of the investment-grade tax-exempt U.S. municipal bond market. Bonds issued by U.S. territories, including Puerto Rico, are excluded from this index.
Fund Profile
Fund Name Vanguard Tax-Exempt Bond ETF
Fund Exchange Ticker VTEB
Fund Sponsor Vanguard
Fund ISIN US9229077469
Net Expense Ratio 0.09 %
Fund Inception Date 18 August 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name S&P National AMT-Free Municipal Bond Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 15 March 2019
Asset Under Management 4338.17 Million (USD)
1 Month Total Return 0.83 %
Year To Date Return 1.62 %
1 Year Total Return 4.31 %
3 Year Annualized Total Return 2.37 %
NAV 51.61
Share Outstanding 84,056,800
Top 10 Holdings (28 February 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Vanguard Municipal Cash Management Fund BOND 0.0079413580
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue BOND 0.0030015932
Texas GO BOND 0.0028919997
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue BOND 0.0027823280
Massachusetts GO BOND 0.0026879708
San Antonio TX Electric & Gas Systems Revenue BOND 0.0025099403
San Diego County CA Regional Transportation Commission Sales Tax Revenue BOND 0.0024632023
Metropolitan Transportation Authority NY BANS BOND 0.0023995452
Dallas-Fort Worth TX International Airport Revenue BOND 0.0022980551
Massachusetts GO BOND 0.0020686745