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Vanguard Long-Term Tax-Exempt Bond ETF

$103.73

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Vanguard Long-Term Tax-Exempt Bond ETF seeks to track the performance of a benchmark index that measures the investment-grade, long-term, tax-exempt bond market.

Overview

ETF tracking Vanguard Long-Term Tax-Exempt Bond ETF

Category Fixed Income

Issuer Vanguard

Inception Date 2025-05-22

Market Cap $77.8M

Average Volume N/A

Dividend Yield 1.58%

52-Week Range $98.06 - $104.54

VWAP $103.92

Performance

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Investment Summary

📎 Investment Objective

The Vanguard Long-Term Tax-Exempt Bond ETF seeks to track the performance of a benchmark index that measures the investment-grade, long-term, tax-exempt bond market.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of long-term, high-quality municipal bonds that are exempt from federal income taxes. The fund's portfolio is designed to provide a steady stream of tax-exempt income while maintaining a low-risk profile.

✨ Key Features

Focuses on long-term, investment-grade municipal bonds
Provides exposure to the tax-exempt bond market
Seeks to track the performance of a benchmark index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
Credit risk: The fund is exposed to the risk of default or downgrade by the issuers of the municipal bonds
Liquidity risk: The municipal bond market may experience periods of low liquidity, which could affect the fund's ability to sell its holdings
Tax risk: Changes in tax laws or regulations could affect the tax-exempt status of the municipal bonds held by the fund

👤 Best For

This ETF may be suitable for investors seeking a low-risk, tax-efficient fixed income investment as part of a diversified portfolio. It may be particularly appealing to investors in high tax brackets who are looking to generate tax-exempt income.