Vanguard Short-Term Tax-Exempt Bond ETF (VTES)
- Expense ratio0.07%
- Net assets$4.13B
- Dividend yield2.88%
- 1-year return+1.35%
- Duration2.83 yrs
VTES ETF price chart
VTES quote & trading statistics
VTES performance
Annual returns & drawdowns →- YTD+0.64%
- 1 year+1.35%
- 3 years+3.62%/yr
- 1Y volatility
- 2.81%
- 3Y volatility
- 2.56%
- 3Y Sharpe ratio
- -0.69
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
VTES bond portfolio
Rate scenarios & peers →- Yield to maturity
- 3.94%
- Effective duration
- 2.83 yrs
- Average maturity
- 3.5 yrs
A one-percentage-point rise in interest rates would lower the price by about 2.8%.
About Vanguard Short-Term Tax-Exempt Bond ETF
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 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). It is non-diversified.
VTES ETF FAQ
What is the VTES expense ratio?
Vanguard Short-Term Tax-Exempt Bond ETF has a net expense ratio of 0.07%, or $7.00 a year for every $10,000 invested.
How much money is in VTES?
Vanguard Short-Term Tax-Exempt Bond ETF has about $4.13B in net assets.
How has VTES performed?
VTES returned +1.35% over the past year, including reinvested distributions.
Does VTES pay dividends?
VTES has a dividend yield of 2.88%.
When was VTES launched?
Vanguard Short-Term Tax-Exempt Bond ETF began trading on March 8, 2023.