Vanguard Tax-Exempt Bond ETF VTEB
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.03%
- Net assets
- $48.5B
- Holdings
- 10,592
- 12-month distribution yield
- 3.54%
- Asset class
- Fixed income
Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund listed on NYSE Arca in the United States, issued by Vanguard. Its category is Fixed income · US (fixed income). Its last price was US$47.97 on 20 Oct 2026. Its expense ratio is 0.03% a year, from its prospectus dated 27 Feb 2026. It reported net assets of US$48.52 billion as of 31 Jul 2026. Its latest holdings report lists 10,592 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.70 a unit, a 12-month distribution yield of 3.54%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.03%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.02%
- Prospectus date
- 27 Feb 2026
- Filed with the SEC
- 27 Feb 2026
Size and reporting
- Net assets
- $48,520,284,441
- Total assets
- $48,945,732,354
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 25 of 10,592 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 | 0.67% | $326.4M | Short-term investment vehicles (cash funds) | United States | USD |
| 2 | City of New York NY NEW YORK CITY-F-1-REF | US64966SSY36 | 0.12% | $57.0M | Debt | United States | USD |
| 3 | University of California CA REGENTS UNIV-CD | US91412HWH29 | 0.11% | $53.7M | Debt | United States | USD |
| 4 | State of Idaho IDAHO ST-TANS | US451434CB89 | 0.10% | $50.6M | Debt | United States | USD |
| 5 | State of California CA REF | US13062TH729 | 0.10% | $48.7M | Debt | United States | USD |
| 6 | State of Maryland MARYLAND ST-GROUP 2 | US574193YA01 | 0.09% | $45.5M | Debt | United States | USD |
| 7 | New York State Thruway Authority NY ST THRUWAY AUTH-A | US650028F737 | 0.09% | $43.8M | Debt | United States | USD |
| 8 | Triborough Bridge & Tunnel Authority TRIBOROUGH BRIDGE-A-1 | US89602HJC25 | 0.09% | $41.3M | Debt | United States | USD |
| 9 | Dallas Independent School District DALLAS ISD-B | US235308Y233 | 0.08% | $39.8M | Debt | United States | USD |
| 10 | Ohio Water Development Authority Water Pollution Control Loan Fund OH ST WATER DEV AUTH | US67766WV741 | 0.08% | $39.2M | Debt | United States | USD |
| 11 | Energy Northwest ENERGY NORTHWEST-A | US29270C7X72 | 0.08% | $38.9M | Debt | United States | USD |
| 12 | New York State Dormitory Authority DASNY-A-REF | US65000BW384 | 0.08% | $38.0M | Debt | United States | USD |
| 13 | New Jersey Turnpike Authority NJ TPK AUTH-A-2 | US646140KX00 | 0.08% | $38.0M | Debt | United States | USD |
| 14 | State of Illinois ILLINOIS ST-D | US452152P965 | 0.08% | $37.7M | Debt | United States | USD |
| 15 | Energy Northwest ENERGY NORTHWEST-A | US29270C7Y55 | 0.08% | $37.3M | Debt | United States | USD |
| 16 | Kentucky State Property & Building Commission KY CMWLTH-B-REV-REF | US49151HBT23 | 0.08% | $37.2M | Debt | United States | USD |
| 17 | Metropolitan Government of Nashville & Davidson County TN NASHVILLE & DAVIDSON | US592112YZ36 | 0.08% | $37.0M | Debt | United States | USD |
| 18 | State of Illinois ILLINOIS ST | US452152P213 | 0.08% | $36.9M | Debt | United States | USD |
| 19 | Ohio State University/The OHIO ST UNIV-A-REF | US677632T926 | 0.08% | $36.8M | Debt | United States | USD |
| 20 | New York State Thruway Authority NY ST THRUWAY AUTH-A | US650028F240 | 0.07% | $35.8M | Debt | United States | USD |
| 21 | Salt River Project Agricultural Improvement & Power District SALT RIVER PROJ-C | US79574CHJ53 | 0.07% | $35.5M | Debt | United States | USD |
| 22 | New York City Transitional Finance Authority Future Tax Secured Revenue NY TRANS FIN AUTH-D-1 | US64972JZB78 | 0.07% | $35.4M | Debt | United States | USD |
| 23 | New Jersey Transportation Trust Fund Authority NJ TRANSPRTN TRUST-CC | US64613CGK80 | 0.07% | $35.2M | Debt | United States | USD |
| 24 | Los Angeles Department of Water & Power LOS ANGELES DEPT-C | US544532QE75 | 0.07% | $34.5M | Debt | United States | USD |
| 25 | New York City Transitional Finance Authority Future Tax Secured Revenue NYC TRANSITIONAL-A-1 | US64972JJW99 | 0.07% | $34.0M | 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 | 98.93% | |
| Short-term investment vehicles (cash funds) | 0.67% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 99.60% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 99.60% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.6990
- 12-month yield
- 3.54%
- Frequency
- Monthly
- Latest ex-date
- 1 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.6990) ÷ latest price ($47.97) × 100 = 3.54%. 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 (60 payments)
| Ex-date | Amount per unit |
|---|---|
| 1 Oct 2026 | $0.1370 |
| 1 Sep 2026 | $0.1430 |
| 3 Aug 2026 | $0.1420 |
| 1 Jul 2026 | $0.1420 |
| 1 Jun 2026 | $0.1380 |
| 1 May 2026 | $0.1420 |
| 1 Apr 2026 | $0.1420 |
| 2 Mar 2026 | $0.1490 |
| 2 Feb 2026 | $0.1400 |
| 18 Dec 2025 | $0.1420 |
| 1 Dec 2025 | $0.1420 |
| 3 Nov 2025 | $0.1400 |
| 1 Oct 2025 | $0.1420 |
| 2 Sep 2025 | $0.1390 |
| 1 Aug 2025 | $0.1370 |
| 1 Jul 2025 | $0.1360 |
| 2 Jun 2025 | $0.1370 |
| 1 May 2025 | $0.1370 |
| 1 Apr 2025 | $0.1350 |
| 3 Mar 2025 | $0.1380 |
| 3 Feb 2025 | $0.1320 |
| 24 Dec 2024 | $0.1350 |
| 2 Dec 2024 | $0.1310 |
| 1 Nov 2024 | $0.1310 |
| 1 Oct 2024 | $0.1340 |
| 3 Sep 2024 | $0.1310 |
| 1 Aug 2024 | $0.1300 |
| 1 Jul 2024 | $0.1330 |
| 3 Jun 2024 | $0.1310 |
| 1 May 2024 | $0.1310 |
| 1 Apr 2024 | $0.1280 |
| 1 Mar 2024 | $0.1310 |
| 1 Feb 2024 | $0.1270 |
| 22 Dec 2023 | $0.1280 |
| 1 Dec 2023 | $0.1280 |
| 1 Nov 2023 | $0.1180 |
| 2 Oct 2023 | $0.1240 |
| 1 Sep 2023 | $0.1200 |
| 1 Aug 2023 | $0.1170 |
| 3 Jul 2023 | $0.1170 |
| 1 Jun 2023 | $0.1150 |
| 1 May 2023 | $0.1150 |
| 3 Apr 2023 | $0.1130 |
| 1 Mar 2023 | $0.1180 |
| 1 Feb 2023 | $0.1120 |
| 23 Dec 2022 | $0.1110 |
| 1 Dec 2022 | $0.1070 |
| 1 Nov 2022 | $0.0930 |
| 3 Oct 2022 | $0.0980 |
| 1 Sep 2022 | $0.0930 |
| 1 Aug 2022 | $0.0870 |
| 1 Jul 2022 | $0.0810 |
| 1 Jun 2022 | $0.0760 |
| 2 May 2022 | $0.0700 |
| 1 Apr 2022 | $0.0680 |
| 1 Mar 2022 | $0.0800 |
| 1 Feb 2022 | $0.0700 |
| 23 Dec 2021 | $0.0690 |
| 1 Dec 2021 | $0.0750 |
| 1 Nov 2021 | $0.0720 |
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 (S000048568) (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:
- VTEB and BND Vanguard Total Bond Market ETF
- VTEB and AGG iShares Core U.S. Aggregate Bond ETF
- VTEB and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- VTEB and BSV Vanguard Short-Term Bond ETF