(VTEB) Tax-Exempt Bond Shares - NYSE
ETF Category: Muni National Interm | Exchange: NYSE (USA) | Market Cap: 45.036m USD | Total Return: 6.9% in 12m
Avg Turnover: 346M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Vanguard Tax-Exempt Bond Index Fund ETF (VTEB) tracks a diversified index of investment-grade municipal bonds. These securities are issued by state and local governments or their agencies to fund public infrastructure projects, such as schools, highways, and water systems. Under normal conditions, the fund allocates at least 80% of its assets to bonds within the target index.
A primary feature of the municipal bond sector is the tax-exempt status of interest income at the federal level, which often includes exemption from the Alternative Minimum Tax (AMT). This business model appeals to investors in higher tax brackets seeking to lower their effective tax burden while maintaining exposure to high-quality debt with historically low default rates compared to corporate bonds.
Investors should evaluate how current interest rate trends impact municipal yields by reviewing the latest data on ValueRay.
- Fed interest rate policy shifts impact municipal bond yields and valuations
- Changes in federal income tax rates drive demand for tax-exempt income
- Municipal credit quality and state tax revenue trends influence underlying spreads
- New issuance volume and secondary market liquidity affect fund tracking error
As of June 20, 2026, the stock is trading at USD 50.45 with a total of 4,212,767 shares traded.
Over the past week, the price has changed by +0.22%,
over one month by +1.50%,
over three months by +1.21% and
over the past year by +6.93%.
Tax-Exempt Bond Shares has no consensus analysts rating.