VTEI

Vanguard Tax-Managed Funds Vanguard Intermediate-Term Tax-Exempt Bond ETF

Bonds / Fixed IncomeBATSVanguard ETF
$98.07
$-0.03 (-0.03%)
Delayed ≥20 min · Sep 3, 2026

Key Statistics

Net Assets (AUM)
$1.58B
Expense Ratio
See prospectus
Previous Close
$98.10
Day Range
$98.01 – $98.27
52-Week Range
$98.00 – $102.66
Volume
237.32K
Avg Vol (50D)
-
Beta
0.16

Historical Performance

1M
-0.86%
3M
-1.90%
6M
-1.94%
YTD
-0.71%
1Y
+2.54%
3Y
5Y

Total return including reinvested distributions, from adjusted closing prices.

Price History

Price history is being compiled for this fund.

Top Holdings

Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund 1.05%
University of California 0.20%
New Jersey Educational Facilities Authority 0.19%
State of Connecticut Special Tax Revenue 0.18%
Houston Independent School District 0.16%
State of Wisconsin 0.16%
New York City Transitional Finance Authority Future Tax Secured Revenue 0.15%
Hudson Yards Infrastructure Corp 0.15%
New York City Transitional Finance Authority Future Tax Secured Revenue 0.15%
Commonwealth of Massachusetts 0.15%
New York City Municipal Water Finance Authority 0.14%
New Jersey Transportation Trust Fund Authority 0.14%
New York State Dormitory Authority 0.14%
South Carolina Association of Governmental Organizations 0.14%
Board of Regents of the University of Texas System 0.14%
State of Ohio 0.13%
Massachusetts Development Finance Agency 0.13%
Hudson Yards Infrastructure Corp 0.13%
State of Oregon 0.12%
Metropolitan Transportation Authority Dedicated Tax Fund 0.12%
Garland Independent School District 0.12%
Ohio State University/The 0.12%
State of Washington 0.12%
New York City Transitional Finance Authority Future Tax Secured Revenue 0.12%
Connecticut State Health & Educational Facilities Authority 0.12%

Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →

About VTEI

The Fund employs an indexing investment approach designed to track the performance of the S&P Intermediate Term National AMT-Free Municipal Bond Index (the “Target Index”). The Target Index measures the performance of investment-grade, fixed-rate U.S. municipal bonds with maturities between one month and 20 years, as determined by the Index Provider. The Target Index includes municipal bonds issued primarily by states, local governments, and agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT).Bonds issued by U.S. territories and commonwealths are excluded from the Target Index, as are certain other bonds as determined by the Index Provider. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the bonds that make up the Target Index. The Fund also has a fundamental policy to, under normal circumstances, invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities whose income is exempt from federal income taxes and the federal AMT.The Fund invests by sampling the Target Index, meaning that it holds a range of securities that, in the aggregate, approximates the full Target Index in terms of key risk factors and other characteristics. The Fund seeks to maintain a dollar-weighted average maturity consistent with that of the Target Index, which, under normal circumstances, is expected to be between 3 and 10 years. As of October 31, 2025 , the dollar-weighted average maturity of the Target Index was 9.1 years.The Fund may become nondiversified, as defined under the Investment Company Act of 1940, solely as a result of tracking an index. This could occur due to events such as an index rebalance or market movement. A nondiversified fund may invest a greater percentage of its assets in the securities of particular issuers as compared with diversified funds.

Data for VTEI is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.