Vanguard International Tax-Exempt Bond Fund (VTEI)
BATS BATS Primary Summary
VTEI Chart
VTEI: A Great Option For Conservative Investors
Vanguard Intermediate-Term Tax-Exempt Bond ETF offers tax-efficient income from municipal bonds with low expense ratio and high diversification. VTEI has a large number of holdings, high credit quality, and focuses on 10-20 year maturities, making it a good choice for conservative investors. While VTEI is a strong option, investors should be aware of municipal bond default risk and potential vulnerability to interest rate movements.
Vanguard International Tax-Exempt Bond Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 13,800 | $1.38M | $1.39M | $5,912.85 | 0.43% |
 Jeff Ameen Spire Wealth Management | 30 | $2,964.6 | $3,011.1 | $46.5 | 1.57% |
 Jeffery Yorg Focus Partners Advisor Solutions LLC | 8,461 | $845,592.34 | $850,330.5 | $4,738.16 | 0.56% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 2,120 | $212,140.04 | $212,826.8 | $686.76 | 0.32% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 4,872 | $481,570.01 | $489,148.8 | $7,578.79 | 1.57% |
Vanguard International Tax-Exempt Bond Fund (VTEI) FAQ
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Vanguard International Tax-Exempt Bond Fund Profile
| BATS Exchange | United States Country |
Overview
The described company is likely an investment fund that specializes in the U.S. municipal bond market, particularly focusing on investment-grade, fixed-rate bonds with maturities ranging from one month to twenty years. This indexing approach suggests a broad and diversified exposure to the municipal bond market, allowing investors to gain access to a segment of the market that typically offers tax-exempt interest income. The company adheres to a strategy of investing at least 80% of its assets in securities that are included in the index, which is managed by S&P Dow Jones Indices LLC. This ensures a close tracking of the index's performance through a sampling process, aiming to replicate the index's risk and return characteristics.
Products and Services
- Investment-Grade Municipal Bond Fund
- Sampling Process Investment Strategy
- Index-Based Asset Allocation
This product provides investors with exposure to the U.S. municipal bond market, focusing on investment-grade, fixed-rate bonds. The fund aims to mirror the performance of a specific index, which includes bonds with maturities ranging from one month to twenty years. This approach ensures a diversified investment in the municipal bond market, potentially offering tax-exempt income and lower risk associated with investment-grade bonds.
The fund employs a sampling process to select investments that closely match the characteristics and performance of its target index. This strategy allows the fund to efficiently replicate the index's composition and risk-return profile without necessarily purchasing every security in the index. It's a cost-effective method that can minimize tracking error and manage transaction costs, enhancing overall fund performance.
With at least 80% of the fund's assets invested in securities contained within its benchmark index, this service underscores the company's commitment to index-based asset allocation. This strategy seeks to provide investors with a clear, focused investment in the municipal bond market, closely aligned with the performance of the selected index. By leveraging the expertise of S&P Dow Jones Indices LLC for index provision, the fund ensures a robust and transparent benchmark for its investment approach.
