# Vanguard Short-Term Tax-Exempt Bond ETF (VTES) — Overview

VTES · NYSE · Fund

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

## Price

Last close $99.50 on Oct 15, 2026. 52-week range $98.08 – $102.65.

## Fund profile

VTES tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below seven years.

| Metric | Value |
| --- | --- |
| Issuer | Vanguard |
| Industry | — |
| Inception | Mar 7, 2023 |
| Assets under management | $4.1B |
| Expense ratio | 0.05% |
| Net asset value | $99.15 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Vanguard Short-Term Tax-Exempt Bond ETF (VTES)?

VTES tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below seven years.

### What is VTES's expense ratio?

Vanguard Short-Term Tax-Exempt Bond ETF charges an annual expense ratio of 0.05%. The fund is issued by Vanguard.

### How large is VTES?

Vanguard Short-Term Tax-Exempt Bond ETF manages $4.1B in assets and has traded since Mar 7, 2023.

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

VTES 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.

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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).