AUM $1.80BER 0.12%NAV $74.90Holdings —Inception Nov 2024
Price Chart
Key Statistics
Previous Close
$74.93Day Range
$74.83$74.99
52-Week Range
$73.21$77.01
Avg Volume
202.3KDividend Yield
—Expense Ratio
0.12%AUM
$1.80BShares Outstanding
16.9METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Vanguard
- Inception Date
- Nov 19, 2024
- Exchange
- BATS
- Description
- VCRM is an actively managed ETF that seeks total return through tax-exempt income and capital growth. It primarily invests in US dollar-denominated municipal bonds issued by US states or local agencies. Interest is exempt from federal income taxes and alternative minimum tax (AMT). The fund does not have maturity limitations on individual securities, but it typically maintains a dollar-weighted average maturity of 8 to 20 years. The majority of assets are invested in investment-grade bonds, rated A3 or better by Moody's or equivalent. Investments in junk bonds are limited to 20% of assets. The fund follows a portfolio manager-driven process, incorporating top-down and bottom-up insights. As a fundamental policy, at least 80% of assets are invested in tax-exempt securities under normal market conditions.
The Vanguard Core Tax-Exempt Bond E (VCRM) is an exchange-traded fund issued by Vanguard that launched on Nov 19, 2024. It currently manages $1.80B in assets under management. The fund charges an expense ratio of 0.12%.
Top 10 holdings represent 8.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Vanguard Municipal Low Duration Fund 12/31/2049 | 2.30% | 420,107,665 | $42.0M |
| 2 | — | UNIVERSITY CINCINNATI OHIO GEN GEN RCPTS BDS 2017 A 5.00% 06/01/2045 | 0.83% | 150,250 | $15.1M |
| 3 | — | Black Belt Energy Gas District 5.00% 10/01/2035 | 0.74% | 133,950 | $13.4M |
| 4 | — | US Dollar | 0.70% | 12,806,051 | $12.8M |
| 5 | — | Commonwealth of Massachusetts Transportation Fund Revenue 5.00% 06/01/2047 | 0.66% | 120,000 | $12.1M |
| 6 | — | Black Belt Energy Gas District 5.00% 10/01/2055 | 0.63% | 111,450 | $11.5M |
| 7 | — | Kentucky Public Energy Authority 4.00% 08/01/2052 | 0.55% | 100,000 | $10.0M |
| 8 | — | Chicago O'Hare International Airport 5.00% 01/01/2047 | 0.55% | 100,000 | $10.0M |
| 9 | — | Jefferson Sales Tax District 5.00% 12/01/2042 | 0.54% | 97,500 | $9.9M |
| 10 | — | Black Belt Energy Gas District 5.00% 12/01/2034 | 0.47% | 83,150 | $8.6M |
| 11 | — | PEFA Inc 5.00% 04/01/2035 | 0.46% | 79,750 | $8.4M |
| 12 | — | Texas Department of Housing & Community Affairs 6.00% 01/01/2057 | 0.46% | 75,000 | $8.3M |
| 13 | — | Public Finance Authority 5.75% 07/01/2062 | 0.43% | 76,780 | $7.9M |
| 14 | — | Energy Southeast A Cooperative District 5.00% 09/01/2033 | 0.43% | 77,850 | $7.9M |
| 15 | — | Las Vegas Convention & Visitors Authority 5.00% 07/01/2043 | 0.42% | 75,000 | $7.6M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.11% | |
| 1W | +0.01% | |
| 1M | -0.34% | |
| 3M | -1.26% | |
| 6M | -2.81% | |
| YTD | -1.00% | |
| 1Y | +1.86% | |
| 3Y | -0.63% | |
| 5Y | -0.63% |
Moving Averages
20-Day MA
$75.03
Below 20-Day MA50-Day MA
$75.52
Below 50-Day MA200-Day MA
$75.71
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$77.01
Current Price
$74.84
52-Week Low
$73.21
$73.21$77.01
Current Yield
—
Annual Dividend
$0.9419
Frequency
12x/year
Last Ex-Date
Aug 3, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Aug 3, 2026 | $0.2394 | Aug 5, 2026 |
| Jul 1, 2026 | $0.2432 | Jul 6, 2026 |
| Jun 1, 2026 | $0.2211 | Jun 3, 2026 |
| May 1, 2026 | $0.2382 | May 5, 2026 |
| Apr 1, 2026 | $0.2442 | Apr 6, 2026 |
| Mar 2, 2026 | $0.2297 | Mar 4, 2026 |
| Feb 2, 2026 | $0.2306 | Feb 4, 2026 |
| Dec 18, 2025 | $0.2418 | Dec 22, 2025 |
| Dec 1, 2025 | $0.2400 | Dec 3, 2025 |
| Nov 3, 2025 | $0.2285 | Nov 5, 2025 |
| Oct 1, 2025 | $0.2214 | Oct 3, 2025 |
| Sep 2, 2025 | $0.2160 | Sep 4, 2025 |
| Aug 1, 2025 | $0.2155 | Aug 5, 2025 |
| Jul 1, 2025 | $0.2335 | Jul 3, 2025 |
| Jun 2, 2025 | $0.2160 | Jun 4, 2025 |
| May 1, 2025 | $0.1798 | May 5, 2025 |
| Apr 1, 2025 | $0.2227 | Apr 3, 2025 |
| Mar 3, 2025 | $0.1903 | Mar 5, 2025 |
| Feb 3, 2025 | $0.1801 | Feb 5, 2025 |
| Dec 24, 2024 | $0.3004 | Dec 27, 2024 |
Dividend Payments Over Time
Category Comparison
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