VCRMVanguard Core Tax-Exempt Bond ETF

Grow my money Get income1y track recordRanked #266 of 1,622 in this goal

Seeks to provide total return through current income that is exempt from federal personal income taxes and capital appreciation.

By Vanguard · Launched 2024

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$1.6B

#838 of 5,562 · large

Return (1Y)Goal

+7.8%

Track Record

1 year

#3,955 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,764+7.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 8.8% of fund✓ well diversified

Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund

3.2%

Great Lakes Water Authority Water Supply System Revenue

0.9%

Texas Municipal Gas Acquisition & Supply Corp IV

0.7%

Southeast Energy Authority A Cooperative District

0.6%

North Texas Tollway Authority

0.6%

New York City Municipal Water Finance Authority

0.5%

Energy Southeast A Cooperative District

0.5%

New York State Dormitory Authority

0.5%

New York State Dormitory Authority

0.5%

California Public Finance Authority

0.5%

Asset allocation

Bonds

98.7%

Cash

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.0%Low

Year-on-year price swings

Max drawdown

-4.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Avg maturity

10.1 years

Credit ratings

AAA

8.0%

48.5%

26.4%

BBB

10.7%

1.6%

Below B

0.3%

Other

4.5%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide total return through current income that is exempt from federal personal income taxes and capital appreciation.
Strategy: Employs active management investing primarily in U.S. dollar-denominated municipal bonds from various issuers. Under normal circumstances, invests at least 80% of net assets in debt securities issued by U.S. states or local governments, exempt from federal income taxes.
Inception date: November 21, 2024
Fund family: Vanguard