VTEBVanguard Tax-Exempt Bond Index Fund ETF Shares

Get income11y track recordRanked #27 of 1,706 in this goal

Tracks the performance of the S&P National AMT-Free Municipal Bond Index.

By Vanguard · Launched 2015

Annual Cost

0.03%

#41 of 6,040 · low cost

Fund Size

$49.1B

#68 of 6,040 · large

Return (1Y)

-0.1%

Track Record

11 years

#1,325 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,930-0.7%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

S&P National AMT-Free Municipal Bond Index

Holdings

By weight

Concentration

Top 10 holdings = 2.0% of funddiversified

Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund

1.2%

University of California

0.1%

Triborough Bridge & Tunnel Authority

0.1%

Colorado State Education Loan Program

0.1%

State of California

0.1%

New York City Transitional Finance Authority Future Tax Secured Revenue

0.1%

Dallas Independent School District

0.1%

Ohio Water Development Authority Water Pollution Control Loan Fund

0.1%

New York State Dormitory Authority

0.1%

New York State Dormitory Authority

0.1%

Asset allocation

Bonds

98.7%

Cash

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.8%Low

Year-on-year price swings

Max drawdown

-16.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.27Below average

Sortino (3Y)

-0.36Moderate downside risk

Bond profile

Avg maturity

10.2 years

Credit ratings

AAA

18.6%

61.4%

17.3%

BBB

1.9%

0.1%

Other

0.8%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the performance of the S&P National AMT-Free Municipal Bond Index.
Strategy: Employs an indexing investment approach to track the S&P National AMT-Free Municipal Bond Index, which includes investment-grade municipal bonds exempt from U.S. federal income taxes. Invests at least 80% of net assets in bonds that make up the Target Index, using sampling to approximate its characteristics.
Inception date: August 21, 2015
Fund family: Vanguard