Vanguard Tax-Exempt Bond Index Admiral (VTEAX)
| Fund Assets | 48.77B |
| Expense Ratio | 0.07% |
| Min. Investment | $3,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.31% |
| Dividend Growth | 5.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 1, 2026 |
| Previous Close | 20.21 |
| YTD Return | 1.81% |
| 1-Year Return | 6.27% |
| 5-Year Return | 4.48% |
| 52-Week Low | 19.38 |
| 52-Week High | 20.46 |
| Beta (5Y) | 0.04 |
| Holdings | 10372 |
| Inception Date | Aug 25, 2015 |
About VTEAX
This index fund seeks to replicate the performance of a benchmark index representing the investment-grade portion of the U.S. municipal bond market. It achieves this by employing an indexing strategy designed to track the Standard & Poor’s National AMT-Free Municipal Bond Index, utilizing a sampling technique to align with key characteristics of the benchmark. All holdings are selected through this sampling process, ensuring that at least 80% of the fund's assets are invested in securities found within the index. Under typical circumstances, a minimum of 80% of the fund's assets will be dedicated to securities whose income is exempt from federal income taxes and the federal alternative minimum tax. A notable risk for the fund is that changes in interest rates can negatively impact it: rising rates may cause bond prices to fall, while declining rates could eventually reduce the fund's income. This fund may appeal to investors looking for potentially federal tax-exempt income who can tolerate moderate fluctuations in both price and income. Regarding 75% of its total assets, the fund is restricted from purchasing more than 10% of any issuer's outstanding voting securities, or investing over 5% of its total assets in a single issuer, unless doing so is essential to closely match its target index. These specific limitations do not extend to obligations issued by the U.S. government or its agencies.
Performance
VTEAX had a total return of 6.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.46%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2026 | $0.0561 | Jul 2, 2026 |
| Jun 1, 2026 | $0.0546 | Jun 2, 2026 |
| May 1, 2026 | $0.0563 | May 4, 2026 |
| Apr 1, 2026 | $0.056 | Apr 2, 2026 |
| Mar 2, 2026 | $0.0589 | Mar 3, 2026 |
| Feb 2, 2026 | $0.055 | Feb 3, 2026 |