VCRM · BATS · ETF
Vanguard Core Tax-Exempt Bond ETF (VCRM) Price, Holdings & Fees
Vanguard Core Tax-Exempt Bond ETF (VCRM) closed at $473.87 on Oct 9, 2026, up 1.01% from the previous close of $469.11.
Share price, past year
1Y −10.22%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $473.87 |
| Sep 30, 2026 | $472.22 |
| Aug 31, 2026 | $439.94 |
| Jul 31, 2026 | $439.37 |
| Jun 30, 2026 | $429.82 |
| May 29, 2026 | $424.75 |
| Apr 30, 2026 | $429.14 |
| Mar 31, 2026 | $446.92 |
| Feb 27, 2026 | $427.68 |
| Jan 30, 2026 | $467.26 |
| Dec 31, 2025 | $501.94 |
| Nov 28, 2025 | $503.05 |
| Oct 31, 2025 | $522.84 |
Key statistics
- Expense ratio
- 0.12%
- as of Oct 31, 2025
- Net assets
- $1.8B
- as of Jul 31, 2026
- Holdings
- 2,407
- as of Jul 31, 2026
- 52-week range
- $418.61 – $531.33
Vanguard Core Tax-Exempt Bond ETF's expense ratio is 0.12%: $12.00 a year on $10,000 invested.
Holdings
Vanguard Core Tax-Exempt Bond ETF held 2,407 investments worth $1.80B as of Jul 31, 2026. Its largest holding was Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund, at 1.62% of the fund.
| # | Holding | % of fund | Value |
|---|---|---|---|
| 1 | Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund | 1.62% | $29.10M |
| 2 | New Issuer: BB Company ID:041064767 | 0.84% | $15.12M |
| 3 | Black Belt Energy Gas District | 0.75% | $13.45M |
| 4 | Commonwealth of Massachusetts Transportation Fund Revenue | 0.67% | $12.07M |
| 5 | Black Belt Energy Gas District | 0.64% | $11.54M |
| 6 | Kentucky Public Energy Authority | 0.56% | $10.05M |
| 7 | Chicago O'Hare International Airport | 0.56% | $10.02M |
| 8 | Jefferson Sales Tax District | 0.55% | $9.88M |
| 9 | Black Belt Energy Gas District | 0.48% | $8.59M |
| 10 | PEFA Inc | 0.47% | $8.36M |
| 11 | Texas Department of Housing & Community Affairs | 0.46% | $8.30M |
| 12 | Public Finance Authority | 0.44% | $7.89M |
| 13 | Energy Southeast A Cooperative District | 0.44% | $7.85M |
| 14 | Las Vegas Convention & Visitors Authority | 0.43% | $7.64M |
| 15 | Massachusetts Development Finance Agency | 0.42% | $7.61M |
| 16 | Grand Parkway Transportation Corp | 0.41% | $7.35M |
| 17 | Geisinger Authority | 0.41% | $7.28M |
| 18 | Indiana Finance Authority | 0.40% | $7.21M |
| 19 | California Community Choice Financing Authority | 0.39% | $6.96M |
| 20 | South Carolina State Housing Finance & Development Authority | 0.39% | $6.93M |
| 21 | Texas Municipal Gas Acquisition & Supply Corp IV | 0.38% | $6.85M |
| 22 | Pennsylvania Housing Finance Agency | 0.37% | $6.62M |
| 23 | St Tammany Parish Hospital Service District No 1 | 0.36% | $6.55M |
| 24 | Southeast Energy Authority A Cooperative District | 0.35% | $6.34M |
| 25 | California Public Finance Authority | 0.35% | $6.33M |
Top 25 of 2,407 holdings, as of Jul 31, 2026. Percentages are of the fund's net assets.
What the fund owns
| Asset type | % of fund |
|---|---|
| Bonds and other debt | 97.86% |
| Cash and short-term investments | 1.62% |
| Mortgage-backed securities | 0.62% |
| Interest rate derivatives | 0.03% |
| Country | % of fund |
|---|---|
| United States | 100.09% |
Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.
Monthly total returns
Over the 3 months to Jul 31, 2026, Vanguard Core Tax-Exempt Bond ETF's total return was −0.22%, as reported to the SEC.
| Month | Total return |
|---|---|
| Jul 31, 2026 | −1.61% |
| Jun 30, 2026 | +0.87% |
| May 31, 2026 | +0.54% |
The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.
Fund profile
- Name
- Vanguard Core Tax-Exempt Bond ETF
- Ticker
- VCRM
- Exchange
- BATS
- Fund type
- ETF
- Trust
- VANGUARD MUNICIPAL BOND FUNDS
- SEC series ID
- S000088615
- SEC CIK
- 0000225997
- Fractional shares
- Yes
Recent SEC filings
- Sep 28, 2026
- Jul 1, 2026
- 485BPOSProspectus updateFeb 27, 2026
- Dec 30, 2025
- Jul 2, 2025
- 485BPOSProspectus updateMay 20, 2025
- 485BPOSProspectus updateFeb 28, 2025
- Jan 3, 2025
Shareholder reports and prospectuses are filed by VANGUARD MUNICIPAL BOND FUNDS, the trust behind Vanguard Core Tax-Exempt Bond ETF, and cover all of its funds.
Frequently asked questions
What is VCRM's price?
Vanguard Core Tax-Exempt Bond ETF (VCRM) closed at $473.87 on Oct 9, 2026, up 1.01% from the previous close of $469.11.
What is VCRM's expense ratio?
Vanguard Core Tax-Exempt Bond ETF's expense ratio is 0.12%: $12.00 a year on $10,000 invested.
What does VCRM hold?
Vanguard Core Tax-Exempt Bond ETF held 2,407 investments worth $1.80B as of Jul 31, 2026. Its largest holding was Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund, at 1.62% of the fund. Its five largest holdings were Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund, New Issuer: BB Company ID:041064767, Black Belt Energy Gas District, Commonwealth of Massachusetts Transportation Fund Revenue, Black Belt Energy Gas District.
How has VCRM performed?
Over the 3 months to Jul 31, 2026, Vanguard Core Tax-Exempt Bond ETF's total return was −0.22%, as reported to the SEC.
Sources and methodology
Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jul 31, 2026 (filed Sep 28, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Oct 31, 2025. Prices are generated sample data for development. Data sources and disclosures