VanguardMuni National LongVTEL · Cboe BZX

Vanguard Long-Term Tax-Exempt Bond ETF (VTEL)

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Price: $99.46; —30 Oct 2026
Assets: $407.5M; Total net assets
Expense ratio: 0.09%; Category 0.75%
Yield: 4.06%; Trailing distributions

1Y return: -0.9%-0.6%; Category -0.2%
3Y CAGR: —; Category 5.7%
5Y CAGR: —; Category -0.5%

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Vanguard Long-Term Tax-Exempt Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+3.9%	-1.6%	-2.4%	-1.2%	-0.9%	—	—	—	+3.7%
Muni National Long average	3.7%	-1.4%	-1.8%	-0.3%	-0.2%	5.7%	-0.5%	1.6%	2.1%
Difference	+0.2%	-0.2%	-0.6%	-0.9%	-0.6%	—	—	—	+1.5%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA18.4%
AA60.5%
A17.6%
BBB2.1%
BB0.0%
Below B0.0%
Other1.3%

Asset mix

Bonds98.6%
Cash1.4%

ETF details

Issuer: Vanguard
Category: Fixed Income · Muni National Long
Ticker: VTEL
Exchange: Cboe BZX
Inception: 20 May 2025 (1.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.09% (category 0.75%)
Holdings turnover: 5% (category 32%)
Distribution yield: 4.06%
Beta, 3 years: 0.00
Total net assets: $407.5M
Average maturity: 9.42 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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