VTES — Vanguard Short-Term Tax-Exempt Bond ETF Shares
Vanguard Short-Term Tax-Exempt Bond ETF Shares (VTES)
VTES pays a 2.61% distribution rate, monthly, on a 0.05% expense ratio. Its Distribution Safety Score™ is 97 (Safe), giving a Safety-Adjusted Yield of 2.53%. Distributions fell 14.8% over the past year. Total return is 10.4% over the past 3.4 years, 97.0 points behind SPY at 107.4%. Its deepest 1-year drawdown was 1.5%.
Vanguard Short-Term Tax-Exempt Bond ETF Shares is an ETF that tracks an index of short-term municipal bonds issued by U.S. states, local governments, and agencies, where interest income is exempt from federal income taxes and the federal alternative minimum tax. The fund offers a modest current distribution rate with monthly distributions and carries a very low expense ratio of 0.05%. It appeals to income investors seeking tax-advantaged municipal bond exposure with minimal costs.
VTES key facts
- Distribution Safety Score™
- 97 · Safe
- Safety-Adjusted Yield
- 2.53%
- Issuer
- Vanguard
- Asset type
- ETF
- Asset class
- Fixed Income
- Inception date
- 03/08/2023
- Expense ratio
- 0.05%
- Distribution rate
- 2.61%
- Distribution frequency
- Monthly
- Trailing yield
- 2.73%
- Last close
- $100.88
- AUM
- $2,257,472,000
- Average volume
- 201000.0
- Last dividend
- $0.2191
- Ex-dividend date
- 08/03/2026
- Payment date
- 08/05/2026
- Beta
- 0.37
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