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VTEB Vanguard Tax-Exempt Bond ETF

Issuer
Vanguard
Inception
Aug 21, 2015
AUM
$49.6B
Expense ratio
0.03%
Yield
3.49%
Asset class
Municipal Bond
Holdings
11153
Last price
$48.72

This index-tracking fund aims to mirror the performance of a specific benchmark, the Standard & Poor's National AMT-Free Municipal Bond Index, which represents the investment-grade segment of the U.S. municipal bond market. It achieves this by employing a sampling strategy, carefully selecting a portion of the index's holdings to replicate its overall characteristics. A minimum of 80% of its assets will be invested in securities included in this target index. Crucially, under typical market conditions, at least 80% of the fund's portfolio will consist of bonds generating income that is exempt from both federal income tax and the federal alternative minimum tax (AMT). A primary risk is its sensitivity to interest rate fluctuations: rising rates can lead to a decrease in bond prices, while falling rates may eventually reduce the income distributed by the fund. This fund is designed for investors seeking potentially tax-free federal income who are comfortable with moderate swings in both investment value and distributed income. To maintain diversification, for 75% of its total assets, the fund generally restricts its holdings: it won't acquire more than 10% of an issuer's voting securities, nor will it invest more than 5% of its total assets in a single issuer's securities. Exceptions to these limits apply when necessary to match the target index's composition or when investing in U.S. government or agency obligations.

-3.3%
2025-11-13low 46.94 · high 51.152026-11-13

Performance

1M3MYTD1Y3Y ann.5Y ann.
VTEB+2.2%-2.4%-3.1%-3.3%+0.1%-2.3%
Municipal Bond average (26 funds)+2.3%-1.5%-1.2%-1.1%+1.4%-0.2%

Insider activity in the holdings

Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.

No open-market insider buys in the holdings in the last 90 days.

Holdings · as of Nov 12, 2026

#HoldingWeight
1VTEB Vanguard Municipal Low Duration Fund 12/31/20490.69%

Sector breakdown

Municipal98.4%
Cash & Others1.6%

Country breakdown

United States100.0%

Distributions

DatePer unit
Nov 2, 2026$0.1436
Oct 1, 2026$0.1372
Sep 1, 2026$0.1434
Aug 3, 2026$0.1415
Jul 1, 2026$0.1420
Jun 1, 2026$0.1381
May 1, 2026$0.1423
Apr 1, 2026$0.1415
Mar 2, 2026$0.1487
Feb 2, 2026$0.1398
Dec 18, 2025$0.1417
Dec 1, 2025$0.1419
Nov 3, 2025$0.1398
Oct 1, 2025$0.1421
Sep 2, 2025$0.1387
Aug 1, 2025$0.1374
Jul 1, 2025$0.1358
Jun 2, 2025$0.1367
May 1, 2025$0.1367
Apr 1, 2025$0.1350
Mar 3, 2025$0.1377
Feb 3, 2025$0.1317
Dec 24, 2024$0.1345
Dec 2, 2024$0.1309
Nov 1, 2024$0.1312
Oct 1, 2024$0.1342
Sep 3, 2024$0.1314
Aug 1, 2024$0.1304
Jul 1, 2024$0.1327
Jun 3, 2024$0.1308
May 1, 2024$0.1310
Apr 1, 2024$0.1279
Mar 1, 2024$0.1312
Feb 1, 2024$0.1274
Dec 22, 2023$0.1283
Dec 1, 2023$0.1276
Nov 1, 2023$0.1180
Oct 2, 2023$0.1241
Sep 1, 2023$0.1196
Aug 1, 2023$0.1171

Members of Congress who disclosed this ETF

MemberActionAmount bandDate
Michael McCaul · House · RSell$100K–$250KAug 18, 2026
Michael McCaul · House · RSell$1K–$15KAug 18, 2026
Michael T. McCaul · House · RBuy$250K–$500KJun 29, 2026
Michael T. McCaul · House · RBuy$100K–$250KNov 6, 2025
Michael T. McCaul · House · RBuy$100K–$250KSep 30, 2025
Michael T. McCaul · House · RBuy$500K–$1.0MSep 30, 2025
Michael T. McCaul · House · RBuy$250K–$500KSep 29, 2025
Michael T. McCaul · House · RSell$1.0M–$5.0MJan 22, 2024

Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error