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Vanguard Tax-Exempt Bond ETF

$46.94Last updated
-$0.25 (0.53%)Past day
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Vanguard Tax-Exempt Bond ETF (AMEX: VTEB) is an exchange-traded fund listed on NYSE Arca, trading at $46.94 (about ₹4,509 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.03% and holds 2 securities. Indian residents can buy VTEB through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$47.03
Previous close:$47.19
Volume:47.84M

Today's low

$46.89

Today's high

$47.12

52 week low

$46.89

52 week high

$51.18

VTEB opened at $47.03, closed previously at $47.19, and has traded between $46.89 and $51.18 over the past 52 weeks.

About

This index-tracking fund aims to mirror the performance of a specific benchmark, the Standard & Poor's National AMT-Free Municipal Bond Index, which represents the investment-grade segment of the U.S. municipal bond market. It achieves this by employing a sampling strategy, carefully selecting a portion of the index's holdings to replicate its overall characteristics. A minimum of 80% of its assets will be invested in securities included in this target index. Crucially, under typical market conditions, at least 80% of the fund's portfolio will consist of bonds generating income that is exempt from both federal income tax and the federal alternative minimum tax (AMT). A primary risk is its sensitivity to interest rate fluctuations: rising rates can lead to a decrease in bond prices, while falling rates may eventually reduce the income distributed by the fund. This fund is designed for investors seeking potentially tax-free federal income who are comfortable with moderate swings in both investment value and distributed income. To maintain diversification, for 75% of its total assets, the fund generally restricts its holdings: it won't acquire more than 10% of an issuer's voting securities, nor will it invest more than 5% of its total assets in a single issuer's securities. Exceptions to these limits apply when necessary to match the target index's composition or when investing in U.S. government or agency obligations.

Issuer
Vanguard
Exchange listed on
AMEX
Asset class
Municipal Bond
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2015
ISIN
US9229077469

Key statistics

Expense ratio

0.03%

Assets (AUM)

$49.0B

Holdings

2

NAV

$46.97

Avg. volume

31.29M

1-year price change

-6.21%

5-year price change

-14.30%

Price change excludes dividends.

Top 10 holdings

1. Vanguard Municipal Low Duration Fund 12/31/2049
0.8%
2. State of California 5.00% 08/01/2028
0.2%
3. State of California 5.00% 08/01/2029
0.2%
4. City of New York NY 5.00% 08/01/2034
0.1%
5. University of California 5.00% 05/15/2036
0.1%
6. Oregon State Facilities Authority 2.10% 08/01/2034
0.1%
7. State of Idaho 4.00% 06/30/2027
0.1%
8. Tarrant County Cultural Education Facilities Finance Corp 2.20% 10/01/2041
0.1%
9. State of California 5.25% 08/01/2032
0.1%
10. New Jersey Turnpike Authority 5.00% 01/01/2054
0.1%

VTEB holds 2 securities in total. These 10 are 1.8% of the fund.

Where the money is invested

Sectors

Municipal
98.4%

Countries

Other
100.0%

How to buy VTEB from India

Indian residents can buy VTEB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  1. Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Search VTEB and buy

    Find the fund by its ticker, VTEB, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Read the full guide: how to invest in VTEB from India

Trading and taxes when buying VTEB from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Dividends
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

What is the VTEB price today?

Vanguard Tax-Exempt Bond ETF (VTEB) last traded at $46.94 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹4,509 a unit at the 29 Sep 2026 USD/INR rate.

When does VTEB trade, in Indian time?

NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

How big is VTEB, and what does it cost to hold?

Vanguard Tax-Exempt Bond ETF manages about $49.0B. Its expense ratio is 0.03% a year, deducted inside the fund. It launched in 2015.

What are VTEB's largest holdings?

The top three are Vanguard Municipal Low Duration Fund 12/31/2049 (0.8%), State of California 5.00% 08/01/2028 (0.2%) and State of California 5.00% 08/01/2029 (0.2%). VTEB's 10 largest positions make up 1.8% of the fund.

Does VTEB pay dividends?

Yes. VTEB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.

How are gains on VTEB taxed in India?

Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.

Can I buy fractional units of VTEB?

Yes. You can buy VTEB by amount rather than by whole unit, and there is no minimum trade size.

How has VTEB performed?

VTEB's price is down 6.2% over the past year and down 14.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.