Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/22/2026

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

Vanguard California Tax-Exempt Bond ETF

VTEC | ETF

$100.28

$2.65 B

3.08%

$3.09

0.06%

Vitals

YTD Return

1.3%

1 yr return

6.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$2.65 B

Holdings in Top 10

3.8%

52 WEEK LOW AND HIGH

$100.2
$96.35
$101.83

Expenses

OPERATING FEES

Expense Ratio 0.06%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/22/2026

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

Vanguard California Tax-Exempt Bond ETF

VTEC | ETF

$100.28

$2.65 B

3.08%

$3.09

0.06%

VTEC - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard California Tax-Exempt Bond ETF
  • Fund Family Name
    The Vanguard Group, Inc.
  • Inception Date
    Jan 30, 2024
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund employs an indexing approach designed to track the performance of the S&P California AMT-Free Municipal Bond Index (the “Target Index”),which measures the performance of the investment-grade segment of the California municipal bond market as determined by the index provider. The Target Index includes municipal bonds issued in the state of California,primarily those issued by California state or local governments or agencies whose interest payments are exempt from U.S. federal income taxes(including the federal alternative minimum tax (AMT)) and California state income taxes. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes,inthe bonds that make up the Target Index. The Fund also has a fundamental policy to, under normal circumstances, invest at least 80%of its net assets, plusthe amount of any borrowings for investmentpurposes, in securities whose income is exempt from federal income taxes, including the federal AMT,and California state income taxes.The Fund invests by sampling the Target Index, meaning that it holds a range of securities that, in the aggregate, approximates the full Target Index in terms of key risk factors and other characteristics. The Fund seeks to maintain a dollar-weighted average maturity consistent with that of the Target Index. As of November 30, 2025, the dollar-weighted average maturity of the Target Index was 13 years.The Fund is considered nondiversified, as defined under the Investment Company Act of 1940, which means that it may invest a greater percentage of its assets in the securities of particular issuers as compared with diversified funds.
Read More

VTEC - Performance

Return Ranking - Trailing

Period VTEC Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% N/A N/A N/A
1 Yr 6.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period VTEC Return Category Return Low Category Return High Rank in Category (%)
2025 0.7% N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period VTEC Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% N/A N/A N/A
1 Yr 6.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period VTEC Return Category Return Low Category Return High Rank in Category (%)
2025 4.0% N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

VTEC - Holdings

Concentration Analysis

VTEC Category Low Category High VTEC % Rank
Net Assets 2.65 B N/A N/A N/A
Number of Holdings 3487 N/A N/A N/A
Net Assets in Top 10 81.7 M N/A N/A N/A
Weighting of Top 10 3.77% N/A N/A N/A

Top 10 Holdings

  1. STHRN CA PUB PWR AUTH 0.60%
  2. CA REGENTS UNIV-CD 0.55%
  3. BAY AREA TOLL AUTH-A 0.52%
  4. IRVINE RANCH-VAR-A 0.32%
  5. LOS ANGELES UNIF SD-A 0.32%
  6. LOS ANGELES UNIF SD-A 0.32%
  7. BAY AREA TOLL AUTH-A 0.31%
  8. LOS ANGELES UNIF SD-A 0.30%
  9. LOS ANGELES CA DEPT-A 0.27%
  10. CALIFORNIA ST-UNREFD 0.25%

Asset Allocation

Weighting Return Low Return High VTEC % Rank
Bonds 		100.43% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Cash 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High VTEC % Rank
Derivative 		0.00% N/A N/A N/A
Cash & Equivalents 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High VTEC % Rank
US 		100.43% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

VTEC - Expenses

Operational Fees

VTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.06% N/A N/A N/A
Management Fee 0.05% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

VTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

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

VTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

VTEC - Distributions

Dividend Yield Analysis

VTEC Category Low Category High VTEC % Rank
Dividend Yield 3.08% N/A N/A N/A

Dividend Distribution Analysis

VTEC Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

VTEC Category Low Category High VTEC % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

VTEC Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

VTEC - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.