Vanguard Tax-Exempt Bond Index Fund ETF
VTEB NYSE Arca
The investment objective of this index fund is to seek to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market. The fund employs an indexing investment approach designed to track the Standard & Poor’s National AMT-Free Municipal Bon...
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- Fund size
- 7.78B as of Feb 2020
- Expense ratio
- 0.08% per year
- Dividend yield
- 3.59% Monthly
- Volatility · 1Y
- 3.4% Below Average
- Beta
- 0.07 vs the market
- 52-week range
- 46.8150.10
How VTEB has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 12Total return vs price return
Price onlyOver 1 year, VTEB returned +0.9% with dividends reinvested — dividends added +3.5 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±3% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −6.6% on Sep 29, 2026 — 85 days after the previous high
More than 5% below a high 5% of the time.
Market sensitivity
BetaA beta of 0.07 means VTEB has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Downtrend- 12-day average47.37 +0.0%
- 26-day average47.74 −0.7%
- 50-day average48.23 −1.8%
- 200-day average48.83 −3.0%
The price is above 1 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.
Relative strength (RSI)
NeutralRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Municipals · Broad Maturities — tracking the Standard & Poor’s National AMT-Free Municipal Bond Index.
- Assets under management7.78BUSD
- Expense ratio0.08%per year
- Holdings4,416
- Risk score1.8Low
Launched August 2015. Fund data as of Feb 28, 2020.
What it pays you
Cash distributions over the last twelve months, and how they have grown.
About 36 USD a year for every 1,000 USD invested at today's price.
- Per share
- 1.70
- Frequency
- Monthly
- Last paid
- Oct 1, 2026
Last 12 months
1.70 USD / shareWhere VTEB shows up
Curated themes and indices that hold VTEB. Open one to see it in context, or test the whole theme in a portfolio.
About Vanguard Tax-Exempt Bond Index Fund ETF
The investment objective of this index fund is to seek to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market. The fund employs an indexing investment approach designed to track the Standard & Poor’s National AMT-Free Municipal Bond Index using a sampling technique to closely match key benchmark characteristics.
- Featured in 1 curated theme
- 4,416 holdings
- Ticker
- VTEB
- Exchange
- NYSE Arca
- ISIN
- US9229077469
- CUSIP
- 922907746
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Municipals
- Industry
- Broad Maturities
- Benchmark
- Standard & Poor’s National AMT-Free Municipal Bond Index
All key statistics
Details
Shareas of Oct 12, 2026
Dataas of Feb 28, 2020
Put VTEB to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.