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 Sep 30, 2026
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 1.2

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Municipal Low Dur Fund	0.69	363M	Cash and Equivalents
CALIFORNIA ST	0.15	77M	municipal
CALIFORNIA ST	0.14	73M	municipal
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT	0.13	70M	municipal
ILLINOIS ST	0.12	64M	municipal
OHIO ST UNIV GEN RCPTS	0.12	60M	municipal
NEW YORK N Y	0.10	55M	municipal
Us Dollar	0.10	54M	Cash and Equivalents
Wisconsin St-B	0.10	53M	municipal
WISCONSIN ST	0.10	52M	municipal

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