Key stats
About Vanguard Tax-Exempt Bond ETF
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Inception date
Aug 21, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
The fund is passively managed to target the US muni bond space. Its underlying index primarily includes municipal bonds issued by state or local governments or agencies whose interest is federal tax-exempt and AMT-free. Eligible securities must have a rating of at least investment grade as determined by an NRSRO and should be denominated in USD. A minimum par amount of $25 million and a minimum term to maturity of at least one month are also required. To track the index, the fund employs a sampling strategy. The index is weighted by market value and rebalances monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.38%
Mutual fund0.62%
Cash0.00%
Top 10 holdings
Dividends
Dividend payout history