# Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) — Overview

VSDM · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/vsdm

## Price

Last close $74.98 on Oct 15, 2026. 52-week range $73.99 – $77.45.

## Fund profile

The fund's investment objective seeks to provide current income that is exempt from federal personal income taxes, with limited price volatility.

| Metric | Value |
| --- | --- |
| Issuer | Vanguard |
| Industry | — |
| Inception | Nov 19, 2024 |
| Assets under management | $1.3B |
| Expense ratio | 0.12% |
| Net asset value | $75.00 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Vanguard Short Duration Tax-Exempt Bond ETF (VSDM)?

The fund's investment objective seeks to provide current income that is exempt from federal personal income taxes, with limited price volatility.

### What is VSDM's expense ratio?

Vanguard Short Duration Tax-Exempt Bond ETF charges an annual expense ratio of 0.12%. The fund is issued by Vanguard.

### How large is VSDM?

Vanguard Short Duration Tax-Exempt Bond ETF manages $1.3B in assets and has traded since Nov 19, 2024.

### How do I buy shares of Vanguard Short Duration Tax-Exempt Bond ETF (VSDM)?

VSDM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).