Vanguard Tax-Exempt Bond Index Fund ETF Shares
Vanguard·Tracks Standard & Poor's National AMT-Free Municipal Bond Index·Inception Aug 21, 2015
Composite score
Based on a 0.030% expense ratio.
Based on $49.07B in net assets.
Top-10 holdings represent 2.0% of net assets.
US Municipal Bond base · ETF wrapper · 3.53% TTM yield.
The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. Seemethodologyfor formulas, thetracking-qualitypartial-coverage rationale, and the dimensions we deliberatelydon't score(methodology v0.5.1).
Use VTEB in our tools
Tool · Look-through
See what VTEB actually holds, in a portfolio
Add your other funds and weights; every underlying position is summed across the basket.
Tool · Cost
Compare VTEB's fee against another fund
Compounds the 0.030% expense ratio against a peer over decades.
Tool · Overlap
Compare VTEB's holdings with peers
Pairwise holdings heatmap, pre-loaded with similar US Municipal Bond funds.
Tool · TLH
Find a tax-loss harvesting partner for VTEB
Ranks every catalog fund by holdings overlap, flags wash-sale risk.
Tool · Placement
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Asset-location optimizer — places each fund in taxable / tax-deferred / Roth.
Top holdings
| # | Holding | Weight |
|---|---|---|
| 1 | Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund | 1.16% |
| 2 | University of California | 0.12% |
| 3 | Triborough Bridge & Tunnel Authority | 0.11% |
| 4 | Colorado State Education Loan Program | 0.11% |
| 5 | State of California | 0.11% |
| 6 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.09% |
| 7 | Dallas Independent School District | 0.09% |
| 8 | Ohio Water Development Authority Water Pollution Control Loan Fund | 0.08% |
| 9 | New York State Dormitory Authority | 0.08% |
| 10 | New York State Dormitory Authority | 0.08% |
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Similar ETFs by holdings overlap
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