Vanguard Tax-Exempt Bond Index Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.5%
1 yr return
2.2%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
1.4%
Net Assets
$34.4 B
Holdings in Top 10
2.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VTEB - Profile
Distributions
- YTD Total Return -1.5%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.70%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVanguard Tax-Exempt Bond Index Fund
-
Fund Family NameThe Vanguard Group, Inc.
-
Inception DateAug 21, 2015
-
Shares Outstanding328670118
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen McFee
Fund Description
VTEB - Performance
Return Ranking - Trailing
Period | VTEB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -4.7% | 10.2% | 90.54% |
1 Yr | 2.2% | -3.9% | 31.6% | 61.48% |
3 Yr | -1.0%* | -11.3% | 2.5% | 34.92% |
5 Yr | 1.4%* | -6.0% | 1102.0% | 13.34% |
10 Yr | N/A* | -0.4% | 248.1% | 14.47% |
* Annualized
Return Ranking - Calendar
Period | VTEB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.2% | -1.4% | 41.0% | 35.41% |
2022 | -9.9% | -39.7% | 0.3% | 35.60% |
2021 | -0.5% | -5.6% | 6.9% | 49.70% |
2020 | 3.1% | -2.6% | 310.0% | 6.51% |
2019 | 4.9% | 0.0% | 26.0% | 15.66% |
Total Return Ranking - Trailing
Period | VTEB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -4.7% | 10.2% | 90.54% |
1 Yr | 2.2% | -3.9% | 31.6% | 61.48% |
3 Yr | -1.0%* | -11.3% | 2.5% | 34.92% |
5 Yr | 1.4%* | -6.0% | 1102.0% | 13.34% |
10 Yr | N/A* | -0.4% | 248.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | VTEB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -1.3% | 41.0% | 37.23% |
2022 | -8.0% | -39.7% | 1.1% | 36.26% |
2021 | 1.1% | -4.8% | 23761504.0% | 61.11% |
2020 | 5.2% | -1.5% | 17057.9% | 12.89% |
2019 | 7.3% | 0.2% | 3514.6% | 26.03% |
VTEB - Holdings
Concentration Analysis
VTEB | Category Low | Category High | VTEB % Rank | |
---|---|---|---|---|
Net Assets | 34.4 B | 3.22 M | 71.9 B | 0.32% |
Number of Holdings | 10420 | 2 | 13067 | 0.26% |
Net Assets in Top 10 | 887 M | -317 M | 3.4 B | 1.94% |
Weighting of Top 10 | 2.58% | 1.9% | 100.4% | 99.94% |
Top 10 Holdings
- Vanguard Municipal Cash Management Fund 1.59%
- TEXAS ST-A-REF-TRNSPR 0.13%
- ILLINOIS ST-D 0.12%
- PENNSYLVANIA CMW 0.12%
- CALIFORNIA ST 0.11%
- CA REF 0.11%
- ILLINOIS ST-D 0.10%
- HUDSON NY YARDS INFRA 0.10%
- TRIBOROUGH BRIDGE-A-1 0.10%
- NEW JERSEY ST-A 0.09%
Asset Allocation
Weighting | Return Low | Return High | VTEB % Rank | |
---|---|---|---|---|
Bonds | 98.39% | 0.00% | 150.86% | 53.42% |
Cash | 1.61% | -50.86% | 50.09% | 43.57% |
Stocks | 0.00% | 0.00% | 99.81% | 86.05% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 84.16% |
Other | 0.00% | -8.54% | 33.35% | 79.31% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 84.17% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VTEB % Rank | |
---|---|---|---|---|
Municipal | 95.74% | 44.39% | 100.00% | 76.77% |
Cash & Equivalents | 1.59% | 0.00% | 48.02% | 23.21% |
Derivative | 0.00% | -8.54% | 23.38% | 77.38% |
Securitized | 0.00% | 0.00% | 5.93% | 83.71% |
Corporate | 0.00% | 0.00% | 9.41% | 86.31% |
Government | 0.00% | 0.00% | 52.02% | 84.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VTEB % Rank | |
---|---|---|---|---|
US | 98.39% | 0.00% | 142.23% | 50.81% |
Non US | 0.00% | 0.00% | 23.89% | 85.00% |
VTEB - Expenses
Operational Fees
VTEB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.05% | 0.01% | 20.65% | 99.74% |
Management Fee | 0.04% | 0.00% | 1.20% | 1.23% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
VTEB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
VTEB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
VTEB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 0.00% | 283.00% | 28.48% |
VTEB - Distributions
Dividend Yield Analysis
VTEB | Category Low | Category High | VTEB % Rank | |
---|---|---|---|---|
Dividend Yield | 3.15% | 0.00% | 14.56% | 42.31% |
Dividend Distribution Analysis
VTEB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VTEB | Category Low | Category High | VTEB % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.70% | -0.53% | 5.33% | 63.22% |
Capital Gain Distribution Analysis
VTEB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 04, 2024 | $0.128 | OrdinaryDividend |
Mar 06, 2024 | $0.131 | OrdinaryDividend |
Feb 06, 2024 | $0.127 | OrdinaryDividend |
Dec 28, 2023 | $0.128 | OrdinaryDividend |
Dec 06, 2023 | $0.128 | OrdinaryDividend |
Nov 06, 2023 | $0.118 | OrdinaryDividend |
Oct 05, 2023 | $0.124 | OrdinaryDividend |
Sep 07, 2023 | $0.120 | OrdinaryDividend |
Aug 04, 2023 | $0.117 | OrdinaryDividend |
Jul 07, 2023 | $0.117 | OrdinaryDividend |
Jun 06, 2023 | $0.115 | OrdinaryDividend |
May 04, 2023 | $0.115 | OrdinaryDividend |
Apr 06, 2023 | $0.113 | OrdinaryDividend |
Mar 06, 2023 | $0.118 | OrdinaryDividend |
Feb 06, 2023 | $0.112 | OrdinaryDividend |
Dec 29, 2022 | $0.111 | OrdinaryDividend |
Dec 06, 2022 | $0.107 | OrdinaryDividend |
Nov 04, 2022 | $0.093 | OrdinaryDividend |
Oct 06, 2022 | $0.098 | OrdinaryDividend |
Sep 07, 2022 | $0.093 | OrdinaryDividend |
Aug 04, 2022 | $0.087 | OrdinaryDividend |
Jul 07, 2022 | $0.081 | OrdinaryDividend |
Jun 06, 2022 | $0.076 | OrdinaryDividend |
May 05, 2022 | $0.070 | OrdinaryDividend |
Apr 06, 2022 | $0.068 | OrdinaryDividend |
Mar 04, 2022 | $0.080 | OrdinaryDividend |
Feb 04, 2022 | $0.070 | OrdinaryDividend |
Dec 29, 2021 | $0.069 | OrdinaryDividend |
Dec 06, 2021 | $0.075 | OrdinaryDividend |
Nov 04, 2021 | $0.072 | OrdinaryDividend |
Oct 06, 2021 | $0.075 | OrdinaryDividend |
Sep 07, 2021 | $0.072 | OrdinaryDividend |
Aug 05, 2021 | $0.072 | OrdinaryDividend |
Jul 07, 2021 | $0.075 | OrdinaryDividend |
Jun 04, 2021 | $0.074 | OrdinaryDividend |
May 06, 2021 | $0.078 | OrdinaryDividend |
Apr 07, 2021 | $0.077 | OrdinaryDividend |
Mar 04, 2021 | $0.087 | OrdinaryDividend |
Feb 04, 2021 | $0.078 | OrdinaryDividend |
Dec 29, 2020 | $0.083 | OrdinaryDividend |
Dec 04, 2020 | $0.089 | OrdinaryDividend |
Nov 05, 2020 | $0.085 | OrdinaryDividend |
Oct 06, 2020 | $0.089 | OrdinaryDividend |
Sep 04, 2020 | $0.088 | OrdinaryDividend |
Aug 06, 2020 | $0.091 | OrdinaryDividend |
Jul 07, 2020 | $0.091 | OrdinaryDividend |
Jun 04, 2020 | $0.096 | OrdinaryDividend |
May 06, 2020 | $0.093 | OrdinaryDividend |
Apr 06, 2020 | $0.106 | OrdinaryDividend |
Mar 05, 2020 | $0.090 | OrdinaryDividend |
Feb 06, 2020 | $0.097 | OrdinaryDividend |
Dec 27, 2019 | $0.099 | OrdinaryDividend |
Dec 05, 2019 | $0.098 | OrdinaryDividend |
Nov 06, 2019 | $0.102 | OrdinaryDividend |
Oct 04, 2019 | $0.100 | OrdinaryDividend |
Sep 06, 2019 | $0.103 | OrdinaryDividend |
Aug 06, 2019 | $0.106 | OrdinaryDividend |
Jul 05, 2019 | $0.103 | OrdinaryDividend |
Jun 06, 2019 | $0.106 | OrdinaryDividend |
May 06, 2019 | $0.102 | OrdinaryDividend |
Apr 04, 2019 | $0.106 | OrdinaryDividend |
Mar 06, 2019 | $0.097 | OrdinaryDividend |
Feb 06, 2019 | $0.107 | OrdinaryDividend |
Dec 28, 2018 | $0.103 | OrdinaryDividend |
Dec 06, 2018 | $0.101 | OrdinaryDividend |
Nov 06, 2018 | $0.107 | OrdinaryDividend |
Oct 04, 2018 | $0.096 | OrdinaryDividend |
Sep 07, 2018 | $0.101 | OrdinaryDividend |
Aug 06, 2018 | $0.100 | OrdinaryDividend |
Jul 06, 2018 | $0.091 | OrdinaryDividend |
Jun 06, 2018 | $0.093 | OrdinaryDividend |
May 04, 2018 | $0.093 | OrdinaryDividend |
Apr 05, 2018 | $0.093 | OrdinaryDividend |
Mar 06, 2018 | $0.083 | OrdinaryDividend |
Feb 06, 2018 | $0.089 | OrdinaryDividend |
Dec 29, 2017 | $0.089 | OrdinaryDividend |
Dec 06, 2017 | $0.090 | OrdinaryDividend |
Nov 06, 2017 | $0.080 | OrdinaryDividend |
Oct 05, 2017 | $0.086 | OrdinaryDividend |
Sep 08, 2017 | $0.088 | OrdinaryDividend |
Aug 07, 2017 | $0.084 | OrdinaryDividend |
Jul 10, 2017 | $0.087 | OrdinaryDividend |
Jun 07, 2017 | $0.086 | OrdinaryDividend |
May 05, 2017 | $0.088 | OrdinaryDividend |
Apr 07, 2017 | $0.077 | OrdinaryDividend |
Mar 07, 2017 | $0.083 | OrdinaryDividend |
Feb 07, 2017 | $0.073 | OrdinaryDividend |
Dec 29, 2016 | $0.078 | OrdinaryDividend |
Dec 07, 2016 | $0.082 | OrdinaryDividend |
Nov 07, 2016 | $0.063 | OrdinaryDividend |
Oct 07, 2016 | $0.072 | OrdinaryDividend |
Sep 08, 2016 | $0.084 | OrdinaryDividend |
Aug 05, 2016 | $0.064 | OrdinaryDividend |
Jul 08, 2016 | $0.067 | OrdinaryDividend |
Jun 07, 2016 | $0.051 | OrdinaryDividend |
May 06, 2016 | $0.071 | OrdinaryDividend |
Apr 07, 2016 | $0.066 | OrdinaryDividend |
Mar 07, 2016 | $0.071 | OrdinaryDividend |
Feb 05, 2016 | $0.065 | OrdinaryDividend |
Dec 30, 2015 | $0.103 | OrdinaryDividend |
Dec 07, 2015 | $0.032 | OrdinaryDividend |
Nov 06, 2015 | $0.067 | OrdinaryDividend |
Oct 07, 2015 | $0.076 | OrdinaryDividend |
Sep 08, 2015 | $0.019 | OrdinaryDividend |
VTEB - Fund Manager Analysis
Managers
Stephen McFee
Start Date
Tenure
Tenure Rank
Feb 07, 2020
2.31
2.3%
Stephen M. McFee, CFA, Portfolio Manager and co-lead of the municipal revenue team in Vanguard's Fixed Income Group. He has been with Vanguard since 2005, has worked in investment management since 2007. Education: B.A./B.S., East Stroudsburg University; M.S., St. Joseph's University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |