VTELVanguard Long-Term Tax-Exempt Bond ETF Shares

Get income1y track recordRanked #493 of 1,706 in this goal

Tracks the performance of the S&P 10+ Year National AMT-Free Municipal Bond Index.

By Vanguard · Launched 2025

Annual Cost

0.09%

#349 of 6,040 · low cost

Fund Size

$366M

#1,898 of 6,040 · large

Return (1Y)

-0.4%

Track Record

1 year

#4,327 of 6,040 · young

Performance

Total-return NAV · USD

Growth of $10,000

$9,944-0.6%

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 10+ Year National AMT-Free Municipal Bond Index

Holdings

By weight

Concentration

Top 10 holdings = 1.6% of funddiversified

Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund

0.3%

State of California

0.2%

New York State Dormitory Authority

0.2%

State of California

0.2%

Metropolitan Transportation Authority

0.1%

California Educational Facilities Authority

0.1%

Colorado Educational & Cultural Facilities Authority

0.1%

Los Angeles Department of Water & Power

0.1%

New York State Dormitory Authority

0.1%

Battery Park City Authority

0.1%

Asset allocation

Bonds

99.7%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.7%Low

Year-on-year price swings

Max drawdown

-5.7%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

10.0 years

Credit ratings

AAA

17.8%

60.8%

18.4%

BBB

2.6%

0.1%

Other

0.5%

Listing

Exchange: Cboe BZX

Full fund details

Objective: Tracks the performance of the S&P 10+ Year National AMT-Free Municipal Bond Index.
Strategy: Invests primarily in investment-grade U.S. municipal bonds with maturities greater than 10 years, using an indexing approach to sample the Target Index. Maintains a dollar-weighted average maturity consistent with the Target Index, which is expected to be greater than 10 years.
Inception date: May 20, 2025
Fund family: Vanguard