VTES Vanguard Short-Term Tax-Exempt Bond ETF
This fund's primary objective is to replicate the performance of a designated market index. This benchmark specifically measures the investment-grade segment of the U.S. municipal bond market, covering maturities from one month up to seven years. The fund pursues an indexing strategy, meticulously tracking the S&P 0-7 Year National AMT-Free Municipal Bond Index. It achieves this by employing a sampling methodology to closely mirror the index's core characteristics. All investment selections are made through this sampling process, ensuring that a minimum of 80% of the fund's total assets are invested in securities present within the underlying index. Typically, at least four-fifths (80%) of the fund's holdings aim to generate income exempt from both federal income taxes and the federal alternative minimum tax. Key risks include the impact of shifting interest rates. When rates climb, bond prices may fall, potentially decreasing the fund's value. Conversely, declining rates could eventually lead to reduced income for the fund. This offering may appeal to investors seeking federal tax-exempt income who are comfortable with moderate variations in both principal value and income generation. Regarding 75% of its total assets, the fund operates under specific diversification constraints: it is prohibited from acquiring more than 10% of the voting securities of any single issuer, and its exposure to any one issuer's securities generally cannot surpass 5% of its total assets. An excep
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| VTES | +1.1% | -0.7% | -1.3% | -1.2% | +0.3% | +0.0% |
| Municipal Bond average (26 funds) | +2.3% | -1.2% | -0.6% | -0.4% | +2.1% | +0.2% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.
No open-market insider buys in the holdings in the last 90 days.
Holdings · as of Nov 12, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | VTES Vanguard Municipal Low Duration Fund 12/31/2049 | 5.42% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Nov 2, 2026 | $0.2319 |
| Oct 1, 2026 | $0.1941 |
| Sep 1, 2026 | $0.2141 |
| Aug 3, 2026 | $0.2191 |
| Jul 1, 2026 | $0.2263 |
| Jun 1, 2026 | $0.2187 |
| May 1, 2026 | $0.2295 |
| Apr 1, 2026 | $0.2226 |
| Mar 2, 2026 | $0.2362 |
| Feb 2, 2026 | $0.2247 |
| Dec 24, 2025 | $0.2320 |
| Dec 1, 2025 | $0.2341 |
| Nov 3, 2025 | $0.2361 |
| Oct 1, 2025 | $0.2380 |
| Sep 2, 2025 | $0.2383 |
| Aug 1, 2025 | $0.2264 |
| Jul 1, 2025 | $0.2435 |
| Jun 2, 2025 | $0.2335 |
| May 1, 2025 | $0.2256 |
| Apr 1, 2025 | $0.2331 |
| Mar 3, 2025 | $0.2472 |
| Feb 3, 2025 | $0.2289 |
| Dec 24, 2024 | $0.2442 |
| Dec 2, 2024 | $0.2458 |
| Nov 1, 2024 | $0.2501 |
| Oct 1, 2024 | $0.2570 |
| Sep 3, 2024 | $0.2535 |
| Aug 1, 2024 | $0.2465 |
| Jul 1, 2024 | $0.2537 |
| Jun 3, 2024 | $0.2541 |
| May 1, 2024 | $0.2429 |
| Apr 1, 2024 | $0.2477 |
| Mar 1, 2024 | $0.2526 |
| Feb 1, 2024 | $0.2525 |
| Dec 22, 2023 | $0.2539 |
| Dec 1, 2023 | $0.2362 |
| Nov 1, 2023 | $0.1858 |
| Oct 2, 2023 | $0.2162 |
| Sep 1, 2023 | $0.2202 |
| Aug 1, 2023 | $0.2210 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in VTES in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error
