AUM $2.20BER 0.12%NAV $72.56Holdings —Inception Nov 2024
Price Chart
Key Statistics
Previous Close
$72.48Day Range
$72.26$72.70
52-Week Range
$70.96$77.01
Avg Volume
1.6MDividend Yield
—Expense Ratio
0.12%AUM
$2.20BShares 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 % |
|---|---|
| United States | 99.73% |
| Puerto Rico | 0.22% |
| GUAM | 0.04% |
| Virgin Islands | 0.01% |
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 $2.20B in assets under management. The fund charges an expense ratio of 0.12%.
Top 10 holdings represent 8.8% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Vanguard Municipal Low Duration Fund 12/31/2049 | 2.09% | 468,575,547 | $46.9M |
| 2 | — | Michigan State Hospital Finance Authority 5.00% 11/15/2032 | 1.17% | 253,150 | $26.3M |
| 3 | — | Colorado Health Facilities Authority 5.00% 11/15/2031 | 0.94% | 203,650 | $21.1M |
| 4 | — | California State Public Works Board 5.00% 09/01/2030 | 0.94% | 200,000 | $21.0M |
| 5 | — | California State Public Works Board 5.00% 09/01/2031 | 0.92% | 195,300 | $20.6M |
| 6 | — | Alabama Toll Road Bridge and Tunnel Authority 5.00% 10/01/2032 | 0.62% | 136,250 | $13.9M |
| 7 | — | Black Belt Energy Gas District 5.00% 10/01/2035 | 0.57% | 133,950 | $12.8M |
| 8 | — | City of New York NY 5.00% 08/01/2032 | 0.55% | 118,350 | $12.4M |
| 9 | — | Salt River Project Agricultural Improvement & Power District 5.50% 01/01/2057 | 0.51% | 111,600 | $11.4M |
| 10 | — | Black Belt Energy Gas District 5.00% 10/01/2055 | 0.50% | 111,450 | $11.2M |
| 11 | — | Triborough Bridge & Tunnel Authority 5.00% 11/15/2042 | 0.50% | 113,800 | $11.1M |
| 12 | — | State of Washington 5.00% 06/01/2040 | 0.49% | 110,650 | $11.1M |
| 13 | — | California State Public Works Board 5.00% 09/01/2033 | 0.48% | 100,000 | $10.7M |
| 14 | — | Massachusetts Development Finance Agency 5.00% 05/15/2055 | 0.47% | 100,000 | $10.6M |
| 15 | — | State of California 5.00% 10/01/2032 | 0.46% | 100,000 | $10.3M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.09% | |
| 1W | +0.75% | |
| 1M | -0.53% | |
| 3M | -3.12% | |
| 6M | -4.54% | |
| YTD | -3.99% | |
| 1Y | -4.58% | |
| 3Y | -3.64% | |
| 5Y | -3.64% |
Moving Averages
20-Day MA
$71.84
Above 20-Day MA50-Day MA
$73.20
Below 50-Day MA200-Day MA
$75.13
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$77.01
Current Price
$72.55
52-Week Low
$70.96
$70.96$77.01
Current Yield
—
Annual Dividend
$0.9426
Frequency
12x/year
Last Ex-Date
Oct 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Oct 1, 2026 | $0.2137 | Oct 5, 2026 |
| Sep 1, 2026 | $0.2463 | Sep 3, 2026 |
| 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 |
Dividend Payments Over Time
Category Comparison
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