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VSDM
Municipal Bonds
Active

Vanguard Short Duration Tax-Exempt Bond ETF

This ETF provides exposure to US Investment Grade Municipal Bonds

VSDM performance and flow charts

Last update 9/3/2026 at 6:58 PM
Live
Closed
Last price
$75.83
+$0.01 (+0.01%) Today

Performance

0.00.10.20.30.40.5%Aug 3Aug 10Aug 17Aug 24Aug 31

Flows

0 M20 M40 M60 M80 M100 M120 M
1 day price range
$75.83
$75.88
52 week price range
$75.77
$77.42
1W perf
-0.32%
YTD perf
+1.21%
YTD flows
+$606M
AuM
$946M
E/R
0.12%
TTM yield
3.14%
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Historic performance and flows

Data as of September 2, 2026
1M3MYTD1Y3Y5Y
Perf.+0.14%-0.01%+1.21%+2.76%
Flows+$117M+$274M+$606M+$752M--
Data as of September 2, 2026
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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Characteristics

This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Management strategyActive
StrategyLong Only
ProviderVanguard
N° of holdings2913
Dividend policyDistributing
Trailing 12m distribution yield
Join for free
Inception dateNovember 19, 2024
ESGNo
TrackinsightTrackinsight

More data and info about VSDM on Trackinsight

Exposure

Data as of July 31, 2026

Diversification

5.32%

Total weight of top 15 holdings out of 2,913

Top 15 Holdings

US84136HAH66
0.5%
New Jersey Transportation Trust Fund Authority, 5% 15dec2034, USD
0.41%
Florida Municipal Power Agency, 4% 1oct2030, USD (2018A)
0.38%
US13013JAP12
0.38%
US13013JCS33
0.37%
Energy Southeast, 5% 1nov2033, USD (2026)
0.36%
US09182TEC71
0.35%
Texas Municipal Gas Acquisition and Supply Corp., 5.5% 1jan2054, USD (2023A)
0.35%
US842469DL92
0.34%
Southern California Public Power Authority, 5% 1nov2033, USD (2026A)
0.33%
California Community Choice Financing Authority, 5% 1feb2031, USD (2026D)
0.32%
US54811GS350
0.32%
US54811GM494
0.31%
US13013JBJ43
0.3%
Kentucky Public Energy Authority, 5% 1jun2034, USD (2026)
0.29%

Sectors

Municipal
46.15%
Other
53.85%

Countries

USA
46.15%
Other
53.85%

Maturity

5-10Y
18.61%
0-5Y
12.79%
25Y+
10.76%
Other
57.85%

Credit rating

Other
100%
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Trading data

Last sale
9/3/2026 at 6:58 PM
$75.83
Previous close
$75.82
Consolidated volume
09/02/2026
Join for free
Average volume
30 days
Join for free
Average discount or premium
30 days
Join for free
Average Bid/Ask spread
30 days
Join for free

Volatility and drawdown

3M1Y3Y5Y
Volatility+1.16%+1.16%
Max drawdown
-0.77%-1.40%
Max drawdown duration
58d123dN/AN/A
Time to recover
N/A98dN/AN/A
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Frequently asked questions about VSDM

What type of ETF is VSDM?

VSDM is a Active ETF that provides exposure to Fixed Income assets. It is managed by Vanguard.

What does VSDM invest in?

This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.

What is the expense ratio of VSDM?

The total expense ratio (TER) of VSDM is 0.12%, representing the annual fee charged by the fund manager.

When was VSDM launched?

VSDM was launched on November 19, 2024, marking its entry into the ETF market.

Who is the issuer of VSDM?

VSDM is issued by Vanguard.

What is the AUM of VSDM?

As of September 2, 2026, VSDM manages $945.61 M, reflecting the total assets held in the fund.

How has VSDM performed recently?

As of September 2, 2026, VSDM delivered a return of 0.14% over the past month (1M performance), -0.01% over the past three months (3M), and 1.21% year-to-date (YTD).

What are the recent fund flows for VSDM?

As of September 2, 2026, VSDM has seen net flows of +$117M in the past month (1M flow) and +$606M year-to-date (YTD).

Does VSDM pay dividends?

As of September 2, 2026, VSDM has a trailing 12-month distribution yield of 3.14%.

How many holdings are in VSDM

As of July 31, 2026, VSDM holds 2913 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.

How diversified is VSDM?

As of July 31, 2026, VSDM holds 2913 securities, with 5.32% of its assets concentrated in its top 15 holdings.

What are the top holdings of VSDM?

As of July 31, 2026, VSDM holds a portfolio of 2913 underlyings, with its largest positions including US84136HAH66, New Jersey Transportation Trust Fund Authority, 5% 15dec2034, USD and Florida Municipal Power Agency, 4% 1oct2030, USD (2018A). These top holdings play a significant role in shaping the fund’s performance and exposure.

What countries or regions does VSDM invest in?

As of July 31, 2026, VSDM has its largest geographic exposures in USA.

What sectors or themes does VSDM focus on?

As of July 31, 2026, VSDM is primarily exposed to Municipal.

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