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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$5.45 B

-

0.17%

Vitals

YTD Return

0.0%

1 yr return

4.2%

3 Yr Avg Return

1.7%

5 Yr Avg Return

N/A

Net Assets

$5.45 B

Holdings in Top 10

2.3%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$3,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$5.45 B

-

0.17%

VTEBX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Tax-Exempt Bond Index Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Aug 21, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The Fund employs an indexing investment approach designed to track the Standard & Poor’s National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market as determined by the Index Provider, S&P Dow Jones Indices LLC. This Index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT) (excluding bonds issued by U.S. territories and commonwealths and certain other bonds as determined by the Index Provider). To be eligible for inclusion in the Index, each bond must have a rating of at least investment-grade, as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., at least BBB– by Fitch Ratings, Inc), the lowest rating will be used in determining if the bond is investment grade. Each bond must also be denominated in U.S. dollars; generally must be a constituent of a deal where the original offering amount was at least $100 million; and generally have a minimum par amount of $25 million. In addition, to be included in the Index, each bond must have a minimum term to maturity or call date greater than one calendar month.The Fund invests by sampling the Index, meaning that it holds a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. All of the Fund’s investments will be selected through the sampling process, and at least 80% of the Fund’s assets will be invested in securities held in the Index. Under normal circumstances, at least 80% of the Fund’s assets will be invested in securities whose income will be exempt from federal income taxes and the federal AMT. The Fund seeks to maintain a dollar-weighted average maturity consistent with that of the Index. As of October 31, 2022, the dollar-weighted average maturity of the Index was 13.4 years.
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VTEBX - Performance

Return Ranking - Trailing

Period VTEBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -5.0% 3.7% 76.00%
1 Yr 4.2% -4.5% 4.2% 1.01%
3 Yr 1.7%* -1.3% 2.4% 4.71%
5 Yr N/A* -0.7% 1.7% N/A
10 Yr N/A* -0.4% 2.5% N/A

* Annualized

Return Ranking - Calendar

Period VTEBX Return Category Return Low Category Return High Rank in Category (%)
2023 4.6% 0.6% 5.7% 26.60%
2022 -1.4% -3.5% -0.2% 16.09%
2021 3.0% 0.2% 4.9% 19.23%
2020 -1.3% -3.9% 0.4% 6.58%
2019 N/A -2.1% 2.1% N/A

Total Return Ranking - Trailing

Period VTEBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -5.0% 3.7% 76.00%
1 Yr 4.0% -4.5% 4.0% 1.01%
3 Yr 1.7%* -1.3% 2.8% 21.18%
5 Yr N/A* -0.7% 3.0% N/A
10 Yr N/A* -0.4% 3.6% N/A

* Annualized

Total Return Ranking - Calendar

Period VTEBX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% 0.6% 5.9% 31.91%
2022 -1.4% -3.5% 1.6% 26.44%
2021 3.0% 0.5% 7.0% 26.92%
2020 -1.3% -3.6% 2.0% 23.68%
2019 N/A -0.7% 3.9% N/A

VTEBX - Holdings

Concentration Analysis

VTEBX Category Low Category High VTEBX % Rank
Net Assets 5.45 B 2.94 M 25 B 14.85%
Number of Holdings 4192 10 4877 6.86%
Net Assets in Top 10 126 M 1.94 M 834 M 47.06%
Weighting of Top 10 2.32% 2.3% 99.7% 100.00%

Top 10 Holdings

  1. CALIFORNIA ST 5% 0.31%
  2. SAN JACINTO TEX CMNTY COLLEGE DIST 5% 0.26%
  3. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.25%
  4. TEXAS ST 5% 0.24%
  5. CALIFORNIA ST 5% 0.22%
  6. HARRIS CNTY TEX MET TRAN AUTH SALES & USE TAX 5% 0.22%
  7. SAN DIEGO CNTY CALIF REGL TRANSN COMMN SALES TAX REV 5% 0.21%
  8. SAN ANTONIO TEX ELEC & GAS REV 5% 0.21%
  9. CALIFORNIA ST 5% 0.20%
  10. OHIO ST WTR DEV AUTH POLLUTION CTL FACS REV 5% 0.20%

Asset Allocation

Weighting Return Low Return High VTEBX % Rank
Bonds
98.56% 84.44% 113.60% 37.25%
Cash
1.44% -15.59% 12.29% 63.73%
Stocks
0.00% 0.00% 1.46% 99.02%
Preferred Stocks
0.00% -0.11% 0.00% 98.04%
Other
0.00% 0.00% 13.04% 99.02%
Convertible Bonds
0.00% 0.00% 1.04% 99.02%

Bond Sector Breakdown

Weighting Return Low Return High VTEBX % Rank
Municipal
98.56% 46.78% 99.97% 31.37%
Cash & Equivalents
1.44% 0.00% 17.37% 65.69%
Derivative
0.00% 0.00% 0.00% 99.02%
Securitized
0.00% 0.00% 4.75% 99.02%
Corporate
0.00% 0.00% 5.22% 99.02%
Government
0.00% 0.00% 46.84% 99.02%

Bond Geographic Breakdown

Weighting Return Low Return High VTEBX % Rank
US
98.56% 84.14% 104.58% 24.51%
Non US
0.00% 0.00% 9.02% 99.02%

VTEBX - Expenses

Operational Fees

VTEBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.17% 0.08% 21.19% 98.00%
Management Fee 0.12% 0.00% 0.97% 6.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

VTEBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VTEBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VTEBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 5.00% 203.00% 55.10%

VTEBX - Distributions

Dividend Yield Analysis

VTEBX Category Low Category High VTEBX % Rank
Dividend Yield 0.00% 0.00% 3.04% 6.73%

Dividend Distribution Analysis

VTEBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

VTEBX Category Low Category High VTEBX % Rank
Net Income Ratio 2.19% 0.81% 3.69% 65.00%

Capital Gain Distribution Analysis

VTEBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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VTEBX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.25 6.75 0.17