VTELVanguard Long-Term Tax-Exempt Bond ETF Shares

Get income1y track recordRanked #545 of 1,622 in this goal

Seeks to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market.

By Vanguard · Launched 2025

Annual Cost

0.09%

#474 of 5,562 · low cost

Fund Size

$283M

#1,991 of 5,562 · mid-size

Dividend YieldGoal

3.49%

Track Record

1 year

#4,406 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,809+8.1%

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

Classification

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

What it actually holds

By weight

Concentration

Top 10 holdings = 2.5% of fund✓ well diversified

Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund

0.9%

State of California

0.3%

University of California

0.2%

State of California

0.2%

Battery Park City Authority

0.2%

Metropolitan Transportation Authority

0.2%

County of Miami-Dade FL Water & Sewer System Revenue

0.2%

Washington Metropolitan Area Transit Authority

0.2%

New York City Transitional Finance Authority Future Tax Secured Revenue

0.1%

Oklahoma Turnpike Authority

0.1%

Asset allocation

Bonds

99.8%

Cash

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.7%Low

Year-on-year price swings

Max drawdown

-3.2%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

17.2%

61.4%

18.6%

BBB

2.5%

Other

0.3%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market.
Strategy: Employs an indexing approach to track the S&P 10+ Year National AMT-Free Municipal Bond Index, which includes investment-grade, fixed-rate U.S. municipal bonds with maturities over 10 years. Invests at least 80% of net assets in bonds that make up the Target Index.
Inception date: May 20, 2025
Fund family: Vanguard