VSDMVanguard Short Duration Tax-Exempt Bond ETF
Seeks current income that is exempt from federal personal income taxes with limited price volatility.
By Vanguard · Launched 2024
Annual Cost
0.12%
#509 of 6,040 · low cost
Fund Size
$936M
#1,220 of 6,040 · large
Return (1Y)
+1.1%
Track Record
1 year
#3,877 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,123+1.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 4.6% of funddiversified
Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund
1.1%
Texas Municipal Gas Acquisition & Supply Corp IV
0.5%
California Community Choice Financing Authority
0.5%
California Community Choice Financing Authority
0.4%
California Community Choice Financing Authority
0.4%
City of Minneapolis MN
0.3%
Energy Southeast A Cooperative District
0.3%
Main Street Natural Gas Inc
0.3%
Kentucky Public Energy Authority
0.3%
California Community Choice Financing Authority
0.3%
Asset allocation
Bonds
98.6%
Cash
1.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.4%Low
Year-on-year price swings
Max drawdown
-1.8%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
10.3 years
Credit ratings
AAA
5.7%
AA
37.8%
A
38.8%
BBB
12.4%
BB
1.7%
Below B
0.1%
Other
3.5%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks current income that is exempt from federal personal income taxes with limited price volatility.
- Strategy
- Employs an active management approach, investing primarily in U.S. dollar-denominated municipal bonds issued by U.S. states and local governments. Typically invests in investment-grade bonds, with some exposure to high-yield securities.
- Inception date
- November 21, 2024
- Fund family
- Vanguard
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Data updated on 2026-09-18