TAFM vs VTEB
AB Tax-Aware Intermediate Municipal ETF compared with Vanguard Tax-Exempt Bond Index Fund ETF Shares on yield, payout growth, payment schedule, cost and risk.
TAFM
AB Tax-Aware Intermediate Municipal ETF
TTM yield · Monthly
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
TTM yield · Monthly
Quick take
- TAFM yields more today: 3.72% vs 3.49% (forward).
- Both pay every month.
- Over the last year TAFM delivered the higher total return: +3.5% vs +3.2% (price change plus payouts).
- VTEB is cheaper to own: 0.03% vs 0.28% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TAFM | VTEB |
|---|---|---|
| Share price | $24.75 | $48.87 |
| TTM yield | 3.72% | 3.49% |
| Forward yield | 3.72% | 3.49% |
| Annual payout per share | $0.921 | $1.704 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.28% | 0.03% |
| 1-year payout growth | +8.5% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 1 year | — |
| Payout consistency (last 12) | 94/100 | 98/100 |
| 1-year total return | +3.5% | +3.2% |
| 1-year price return | -0.2% | -0.3% |
| Size (market cap / AUM) | 782.7M | 49.1B |
| Years paying | 2.1 | 11.0 |
| Sector / category | Muni National Interm | Muni National Interm |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| TAFM | VTEB | |
|---|---|---|
| Shares | 404.0 | 204.6 |
| Income per year | $372 | $349 |
| Income per month (avg) | $31 | $29 |
At forward yields, before taxes. Model TAFM · Model VTEB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| TAFM Oct 1, 2026 | Oct 15, 2026 | $0.0767 | Est. |
| TAFM Oct 31, 2026 | Nov 14, 2026 | $0.0767 | Est. |
| TAFM Nov 30, 2026 | Dec 14, 2026 | $0.0767 | Est. |
| VTEB Oct 1, 2026 | Oct 15, 2026 | $0.142 | Est. |
| VTEB Oct 31, 2026 | Nov 14, 2026 | $0.142 | Est. |
| VTEB Nov 30, 2026 | Dec 14, 2026 | $0.142 | Est. |
Annual payouts per share
TAFMVTEB
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, TAFM or VTEB?
TAFM currently has the higher trailing yield: TAFM yields 3.72% and VTEB yields 3.49%. Yield changes daily with price, so check the live figures above.
How often do TAFM and VTEB pay?
TAFM pays every month and VTEB pays every month. TAFM's next ex-date is Oct 1, 2026 and VTEB's is Oct 1, 2026.
Is TAFM or VTEB better for income?
It depends on what you are optimising for. TAFM and VTEB differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.