VTEB – Vanguard Tax-Exempt Bond ETF – ETF Stock Quote | Morningstar

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Will VTEB outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTEB’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the VTEB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of VTEB’s parent organization’s priorities and whether they’re in line with investors’ interests.

Tax-exempt income for a low fee.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

Vanguard Tax-Exempt Bond ETF offers a broad portfolio of investment-grade municipal bonds with an attractive price tag.

by Lan Anh Tran

Rated on Apr 27, 2026 Published on Apr 27, 2026

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Portfolio Holdings VTEB

More VTEB Holdings

Current Portfolio Date Aug 31, 2026
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 1.1

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Municipal Low Dur Fund	0.81	400M	Cash and Equivalents
CALIFORNIA ST	0.16	78M	municipal
CALIFORNIA ST	0.15	75M	municipal
NEW YORK N Y	0.12	57M	municipal
UNIVERSITY CALIF REVS	0.11	53M	municipal
OREGON ST FACS AUTH REV	0.10	51M	municipal
IDAHO ST	0.10	51M	municipal
TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV	0.10	50M	municipal
CALIFORNIA ST	0.10	49M	municipal
NEW JERSEY ST TPK AUTH TPK REV	0.10	48M	municipal

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