Summary
Vanguard Tax-Exempt Bond ETF is an ETF - a fund traded on an exchange like a stock - run by Vanguard. Positions inside: 11,156. The ten largest make up 1.8% of the fund.
- Yearly costs
- 0.03%
- Fund size
- $52.4B
- Positions
- 11,156
- Dividend yield
- 3.50%
- Running since
- 2015
What speaks for it
- Costs of 0.03% a year are below the middle of comparable funds (0.20%).
- Widely spread: the ten largest positions make up only 1.8% of the fund.
- A large fund with $52.4B under management.
- Easy to buy and sell: about $759.1M changes hands a day.
- It has been running since 2015.
What to watch
- 100% of the fund is in one country (United States).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.0%
- 3 months
- -2.2%
- This year
- -3.7%
- 1 year
- -4.2%
- 3 years
- +2.0%
- 5 years
- -11%
- 10 years
- -6.5%
What is inside?
Widely spread- 1 Vanguard Municipal Low Duration Fund 12/31/2049 0.7%
- 2 State of California 5.00% 08/01/2028 0.1%
- 3 State of California 5.00% 08/01/2029 0.1%
- 4 New York State Dormitory Authority 5.50% 07/01/2054 0.1%
- 5 State of Illinois 5.00% 11/01/2028 0.1%
- 6 Ohio State University/The 5.00% 06/01/2035 0.1%
- 7 City of New York NY 5.00% 08/01/2034 0.1%
- 8 US Dollar 0.1%
- 9 State of Wisconsin 5.00% 05/01/2038 0.1%
- 10 State of Wisconsin 5.00% 05/01/2038 0.10%
Positions in the fund: 11,156. The ten largest make up 1.8% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 100%
Largest country: United States (100%).
What does it cost me?
Cheap- A year from $10,000
- $3.00
- Over 20 years
- $151
From every $10,000 invested the fund takes $3.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $151.
How has it done?
Losing value- A year on average, 10 years
- -0.7%
- Deepest drop
- -16%
- Yearly volatility
- 3.7%
Average yearly decline over the last ten years: 0.7%. Deepest drop in these years: 16% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.50%
- Payments a year
- 12
- Last payment
- $0.14
Over the last 12 months it paid $1.70 per share, which is 3.50% of today's price. The last payment was $0.14 on Oct 1, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $759.1M
- Shares a day
- 16M
On an average day about $759.1M of the fund changes hands.