Vanguard Core Tax-Exempt Bond ETF VCRM
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.12%
- Net assets
- $1.8B
- Holdings
- 2,407
- 12-month distribution yield
- 3.89%
- Asset class
- Fixed income
Vanguard Core Tax-Exempt Bond ETF (VCRM) is an exchange-traded fund listed on Cboe BZX in the United States, issued by Vanguard. Its category is Fixed income · US (fixed income). Its last price was US$72.48 on 20 Oct 2026. Its expense ratio is 0.12% a year, from its prospectus dated 27 Feb 2026. It reported net assets of US$1.8 billion as of 31 Jul 2026. Its latest holdings report lists 2,407 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$2.82 a unit, a 12-month distribution yield of 3.89%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.12%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.09%
- Prospectus date
- 27 Feb 2026
- Filed with the SEC
- 27 Feb 2026
Size and reporting
- Net assets
- $1,795,845,276
- Total assets
- $1,829,304,825
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 25 of 2,407 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund Vanguard Municipal Cash Management Fund | No identifier reported | 1.62% | $29.1M | Short-term investment vehicles (cash funds) | United States | USD |
| 2 | New Issuer: BB Company ID:041064767 UNIVERSITY CINCINNATI OHIO GEN GEN RCPTS BDS 2017 A | US914119F983 | 0.84% | $15.1M | Debt | United States | USD |
| 3 | Black Belt Energy Gas District BLACK BELT GAS DT-B | US09182TEW36 | 0.75% | $13.4M | Debt | United States | USD |
| 4 | Commonwealth of Massachusetts Transportation Fund Revenue MASSACHUSETTS ST-A | US57604TGH32 | 0.67% | $12.1M | Debt | United States | USD |
| 5 | Black Belt Energy Gas District BLACK BELT ENERGY-B | US09182TEC71 | 0.64% | $11.5M | Debt | United States | USD |
| 6 | Kentucky Public Energy Authority KY PUB ENERGY -A-1 | US74440DDS09 | 0.56% | $10.0M | Debt | United States | USD |
| 7 | Chicago O'Hare International Airport CHICAGO IL O'HARE INT | US167593WR94 | 0.56% | $10.0M | Debt | United States | USD |
| 8 | Jefferson Sales Tax District JEFFERSON SALES TAX-B | US474176KM56 | 0.55% | $9.9M | Debt | United States | USD |
| 9 | Black Belt Energy Gas District BLACK BELT ENERGY-A | US09182THS96 | 0.48% | $8.6M | Debt | United States | USD |
| 10 | PEFA Inc PEFA INC-A-REF-REV | US70556CAL81 | 0.47% | $8.4M | Debt | United States | USD |
| 11 | Texas Department of Housing & Community Affairs TEXAS DEPT HSG-B | US882750W731 | 0.46% | $8.3M | Debt | United States | USD |
| 12 | Public Finance Authority PUB FIN AUTH-1 | US74448GAA76 | 0.44% | $7.9M | Debt | United States | USD |
| 13 | Energy Southeast A Cooperative District ENERGY SOUTHEAST-B | US292723CN18 | 0.44% | $7.9M | Debt | United States | USD |
| 14 | Las Vegas Convention & Visitors Authority | US51771FAT30 | 0.43% | $7.6M | Debt | United States | USD |
| 15 | Massachusetts Development Finance Agency MA DEV FIN AGY-A-1 | US57563WAC29 | 0.42% | $7.6M | Debt | United States | USD |
| 16 | Grand Parkway Transportation Corp GRAND PKWY TRANSPRTN | US38611TBQ94 | 0.41% | $7.4M | Debt | United States | USD |
| 17 | Geisinger Authority GEISINGER AUTH-A-1 | US368497HP13 | 0.41% | $7.3M | Debt | United States | USD |
| 18 | Indiana Finance Authority IN FIN AUTH-A | US45505MFE12 | 0.40% | $7.2M | Debt | United States | USD |
| 19 | California Community Choice Financing Authority CA CMNTY CHOICE-D | US13013JCS33 | 0.39% | $7.0M | Debt | United States | USD |
| 20 | South Carolina State Housing Finance & Development Authority SC ST HSG FIN & DEV-A | US83712EJE59 | 0.39% | $6.9M | Debt | United States | USD |
| 21 | Texas Municipal Gas Acquisition & Supply Corp IV TEXAS ST MUNI GAS ACQ | US88256PAG54 | 0.38% | $6.9M | Debt | United States | USD |
| 22 | Pennsylvania Housing Finance Agency PA HSG FIN AGY-152A | US70879Q6S76 | 0.37% | $6.6M | Debt | United States | USD |
| 23 | St Tammany Parish Hospital Service District No 1 ST TAMMANY PSH DT#1-A | US793556CR05 | 0.36% | $6.5M | Debt | United States | USD |
| 24 | Southeast Energy Authority A Cooperative District S E ENERGY AUTH-A | US84136FAH01 | 0.35% | $6.3M | Debt | United States | USD |
| 25 | California Public Finance Authority CA PUB FIN AUTH-A | US13057GAQ29 | 0.35% | $6.3M | Debt | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 97.86% | |
| Short-term investment vehicles (cash funds) | 1.62% | |
| Mortgage-backed securities | 0.62% | |
| Interest rate derivatives | 0.03% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 100.09% | |
| Not stated | 0.03% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 100.12% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $2.8170
- 12-month yield
- 3.89%
- Frequency
- Monthly
- Latest ex-date
- 1 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($2.8170) ÷ latest price ($72.48) × 100 = 3.89%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (22 payments)
| Ex-date | Amount per unit |
|---|---|
| 1 Oct 2026 | $0.2140 |
| 1 Sep 2026 | $0.2460 |
| 3 Aug 2026 | $0.2390 |
| 1 Jul 2026 | $0.2430 |
| 1 Jun 2026 | $0.2210 |
| 1 May 2026 | $0.2380 |
| 1 Apr 2026 | $0.2440 |
| 2 Mar 2026 | $0.2300 |
| 2 Feb 2026 | $0.2310 |
| 18 Dec 2025 | $0.2420 |
| 1 Dec 2025 | $0.2400 |
| 3 Nov 2025 | $0.2290 |
| 1 Oct 2025 | $0.2210 |
| 2 Sep 2025 | $0.2160 |
| 1 Aug 2025 | $0.2160 |
| 1 Jul 2025 | $0.2340 |
| 2 Jun 2025 | $0.2160 |
| 1 May 2025 | $0.1800 |
| 1 Apr 2025 | $0.2230 |
| 3 Mar 2025 | $0.1900 |
| 3 Feb 2025 | $0.1800 |
| 24 Dec 2024 | $0.3000 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000088615) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- VCRM and BND Vanguard Total Bond Market ETF
- VCRM and AGG iShares Core U.S. Aggregate Bond ETF
- VCRM and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- VCRM and BSV Vanguard Short-Term Bond ETF