VCRM
Vanguard Core Tax-Exempt Bond ETF
NAV as of
4 Week: 73.21 - 75.34
52 Week: 72.23 - 76.17
Latest Closing Price
75.32
Premium / Discount
-0.09
Expense Ratio
0.12%
Investment Objective
The investment seeks to provide total return through current income that is exempt from federal personal income taxes and capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in municipal bonds denominated in U.S. dollars from a variety of issuers that are primarily U.S. states or local governments or agencies whose interest is exempt from federal income taxes and the federal alternative minimum tax (AMT).
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 0.99 | 0.29 | 3.46 |
| 1 Day | 0.03 | 0.00 | 0.00 |
| 1 Week | 0.43 | 0.31 | 1.36 |
| 1 Month | 2.71 | 1.08 | 2.52 |
| 3 Months | 3.01 | 1.68 | 1.79 |
| 6 Months | 1.01 | 3.45 | 0.29 |
| 1 Year | 0.00 | 0.00 | 0.00 |
| 2 Years | 0.00 | 0.00 | 0.00 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 01/09/2025 | 03/09/2025 | 0.2160 |
| 31/07/2025 | 04/08/2025 | 0.2155 |
| 30/06/2025 | 02/07/2025 | 0.2335 |
| 01/06/2025 | 03/06/2025 | 0.2160 |
| 30/04/2025 | 04/05/2025 | 0.1798 |
| 31/03/2025 | 02/04/2025 | 0.2227 |
| 02/03/2025 | 04/03/2025 | 0.1903 |
| 02/02/2025 | 04/02/2025 | 0.1801 |
| 23/12/2024 | 26/12/2024 | 0.3004 |
Portfolio Data
Total Number of Holdings: 1197
Number of Bond Holdings: 1196
Number of Equity Holdings: 0
Total Market Value: 357,887,033
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV | 0.7008 | 2,500,000 | 2,500,000 | 2,482,007 |
| 2 | GRAND RAPIDS MICH | 0.5705 | 2,000,000 | 0 | 2,020,612 |
| 3 | MASSACHUSETTS ST DEV FIN AGY REV | 0.5681 | 1,875,000 | 0 | 2,011,927 |
| 4 | SPOKANE WASH WTR & WASTEWATER SYS REV | 0.5648 | 2,000,000 | 2,000,000 | 2,000,372 |
| 5 | NORTHERN MICH UNIV REVS | 0.4793 | 1,645,000 | 0 | 1,697,670 |
| 6 | BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV | 0.4738 | 1,675,000 | 0 | 1,678,124 |
| 7 | UNIVERSITY NORTH TEX UNIV REV | 0.4737 | 1,500,000 | 0 | 1,677,698 |
| 8 | LOS ANGELES CALIF DEPT WTR & PWR REV | 0.4637 | 1,560,000 | 0 | 1,642,289 |
| 9 | NORTH TEX MUN WTR DIST TEX WTR SYS REV | 0.4525 | 1,425,000 | 1,425,000 | 1,602,396 |
| 10 | SAN ANTONIO TEX ELEC & GAS REV | 0.4395 | 1,555,000 | 1,555,000 | 1,556,709 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
1196
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 7.51 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 9.00 |
| Average Weighted Coupon* | 0 |
| Average Weighted Price* | 98.51 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 10.67 |
| AA | 42.53 |
| A | 27.42 |
| BBB | 10.53 |
| BB | 1.79 |
| B | 0.00 |
| Below B | 0.71 |
| Not Rated | 6.35 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 2.65 |
| 3 to 5 Years | 3.73 |
| 5 to 7 Years | 5.27 |
| 7 to 10 Years | 7.14 |
| 10 to 15 Years | 17.17 |
| 15 to 20 Years | 14.25 |
| 20 to 30 Years | 36.61 |
| Over 30 Years | 10.24 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.19 |
| 183 to 364 Days | 0.98 |
Data Source: Morningstar
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