Morningstar

Vanguard Tax-Exempt Bond Index Fund Admiral Shares VTEAX

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  • NAV / 1-Day Return$19.71  /  +0.31%
  • Fund Size$56.7B
  • Adjusted Expense Ratio0.070%
  • Net Expense Ratio0.080%
  • Fee Level: DistributionLow
  • Share Class TypeInstitutional
  • Morningstar CategoryMuni National Intermediate
  • Fixed-Income Style Box (Funds)High/Extensive
  • Minimum Initial Investment$3,000
  • Investment StatusOpen
  • TTM Yield3.15%
  • Average Effective Duration7.32 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VTEAX

Will VTEAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTEAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VTEAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VTEAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Tax-exempt income for a low fee.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

Vanguard Tax-Exempt Bond ETF offers a broad portfolio of investment-grade municipal bonds with an attractive price tag.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings VTEAX

More VTEAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings1.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Municipal Low Dur Fund

0.69363M
Cash and Equivalents

CALIFORNIA ST

0.1577M
municipal

CALIFORNIA ST

0.1473M
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT

0.1370M
municipal

ILLINOIS ST

0.1264M
municipal

OHIO ST UNIV GEN RCPTS

0.1260M
municipal

NEW YORK N Y

0.1055M
municipal

Us Dollar

0.1054M
Cash and Equivalents

Wisconsin St-B

0.1053M
municipal

WISCONSIN ST

0.1052M
municipal

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