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 0.08 %
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 17 June 2019
Asset Under Management 5061.08 Million (USD)
1 Month Total Return 0.60 %
Year To Date Return 4.68 %
1 Year Total Return 6.49 %
3 Year Annualized Total Return 2.48 %
NAV 52.88
Share Outstanding 95,708,700
Top 10 Holdings (31 May 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Vanguard Municipal Cash Management Fund MMKT 0.0093908891
California GO BOND 0.0031894230
San Jacinto TX Community College District GO BOND 0.0026990957
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue BOND 0.0025846731
Texas GO BOND 0.0024932010
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue BOND 0.0023582313
California GO BOND 0.0022572837
Harris County TX Metropolitan Transit Authority Sales & Use Tax Revenue BOND 0.0022335585
San Diego County CA Regional Transportation Commission Sales Tax Revenue BOND 0.0021707678
San Antonio TX Electric & Gas Systems Revenue BOND 0.0021526648