Vanguard Short-Term Tax Exempt Bond ETF (VTES)

Assets	$1.60B
Expense Ratio	0.06%
PE Ratio	n/a
Shares Out	15.75M
Dividend (ttm)	$2.82
Dividend Yield	2.77%
Ex-Dividend Date	Dec 24, 2025
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	120,326
Open	101.62
Previous Close	101.58
Day's Range	101.59 - 101.62
52-Week Low	98.50
52-Week High	102.39
Beta	0.13
Holdings	3039
Inception Date	Feb 22, 2023

About VTES

Fund Home Page

The Vanguard Short-Term Tax Exempt Bond ETF (VTES) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below seven years. VTES was launched on Feb 22, 2023 and is issued by Vanguard.

• Asset Class: Fixed Income
• Category: Muni National Short
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: VTES
• ETF Provider: Vanguard
• Index Tracked: S&P 0-7 Year National AMT-Free Municipal Bond Index

Dividends

Ex-Dividend	Amount	Pay Date
Dec 24, 2025	$0.232	Dec 29, 2025
Dec 1, 2025	$0.2341	Dec 3, 2025
Nov 3, 2025	$0.2361	Nov 5, 2025
Oct 1, 2025	$0.238	Oct 3, 2025
Sep 2, 2025	$0.2383	Sep 4, 2025
Aug 1, 2025	$0.2264	Aug 5, 2025

Performance

VTES had a total return of 4.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.33%.