Morningstar

Vanguard Tax-Exempt Bond Index Fund Admiral Shares VTEAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $19.18  /  −0.05 %
  • Fund Size $51.7B
  • Adjusted Expense Ratio 0.070%
  • Net Expense Ratio 0.080%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Muni National Interm
  • Fixed-Income Style Box (Funds) High/Extensive
  • Minimum Initial Investment $3,000
  • Investment Status Open
  • TTM Yield 3.26%
  • Average Effective Duration 7.32 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 Holdings 1.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Municipal Low Dur Fund

0.69 363M
Cash and Equivalents

CALIFORNIA ST

0.15 77M
municipal

CALIFORNIA ST

0.14 73M
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT

0.13 70M
municipal

ILLINOIS ST

0.12 64M
municipal

OHIO ST UNIV GEN RCPTS

0.12 60M
municipal

NEW YORK N Y

0.10 55M
municipal

Us Dollar

0.10 54M
Cash and Equivalents

Wisconsin St-B

0.10 53M
municipal

WISCONSIN ST

0.10 52M
municipal

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