Vanguard Tax-Exempt Bond ETF VTEB NYSE

Vanguard Tax-Exempt Bond ETF (VTEB) is an index-based fund that provides exposure to municipal bonds issued by state and local governments whose interest income is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). The fund employs a sampling methodology to track its underlying index while maintaining at least 80% of its assets in index-eligible securities. This investment vehicle is designed for investors seeking tax-efficient fixed income exposure through municipal debt instruments.