- What are the top holdings of VTEB?
- Vanguard Tax-Exempt Bond ETF holds 2 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does VTEB have?
- VTEB holds 2 positions as reported by the fund's most recent disclosure.
- What sectors does VTEB invest in?
- Vanguard Tax-Exempt Bond ETF (VTEB) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is VTEB most exposed to?
- VTEB's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is VTEB a US-only fund?
- The country allocation card on this page shows VTEB's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does VTEB invest in?
- This index-tracking fund aims to mirror the performance of a specific benchmark, the Standard & Poor's National AMT-Free Municipal Bond Index, which represents the investment-grade segment of the U.S. municipal bond market. It achieves this by employing a sampling strategy, carefully selecting a portion of the index's holdings to replicate its overall characteristics. A minimum of 80% of its assets will be invested in securities included in this target index. Crucially, under typical market conditions, at least 80% of the fund's portfolio will consist of bonds generating income that is exempt from both federal income tax and the federal alternative minimum tax (AMT). A primary risk is its sensitivity to interest rate fluctuations: rising rates can lead to a decrease in bond prices, while falling rates may eventually reduce the income distributed by the fund. This fund is designed for investors seeking potentially tax-free federal income who are comfortable with moderate swings in both investment value and distributed income. To maintain diversification, for 75% of its total assets, the fund generally restricts its holdings: it won't acquire more than 10% of an issuer's voting securities, nor will it invest more than 5% of its total assets in a single issuer's securities. Exceptions to these limits apply when necessary to match the target index's composition or when investing in U.S. government or agency obligations.
