VTES Distribution History & Yield

Vanguard Short-Term Tax-Exempt Bond ETF Shares · NYSEArca

ETF Muni National Short Monthly payer Bond fund
$100.35
+0.06% today
as of Sep 9, 2026
TTM yield
2.72%
$2.732/share over the last 12 months
Forward yield
2.72%
$2.732/share indicated annual rate
Annual distribution
$2.732
per share, forward
Per payment
$0.2277
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Oct 1, 2026 Estimated
in 22 days
Next pay date
Oct 15, 2026
in 36 days
Last ex-distribution date
Sep 1, 2026
$0.214 per share
Expense ratio
0.05%
AUM 2.4B
Consistency
97/100
very stable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
3.4
since Mar 31, 2023
1y total return
+1.4%
price -1.3% + distributions 2.7%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 1, 2026 (in 22 days) Oct 15, 2026 $0.2277 $22.77 Estimated
Sat, Oct 31, 2026 (in 52 days) Nov 14, 2026 $0.2277 $22.77 Estimated
Mon, Nov 30, 2026 (in 82 days) Dec 14, 2026 $0.2277 $22.77 Estimated
Wed, Dec 30, 2026 (in 112 days) Jan 13, 2027 $0.2277 $22.77 Estimated
Fri, Jan 29, 2027 (in 142 days) Feb 12, 2027 $0.2277 $22.77 Estimated
Sun, Feb 28, 2027 (in 172 days) Mar 14, 2027 $0.2277 $22.77 Estimated
Tue, Mar 30, 2027 (in 202 days) Apr 13, 2027 $0.2277 $22.77 Estimated
Thu, Apr 29, 2027 (in 232 days) May 13, 2027 $0.2277 $22.77 Estimated
Sat, May 29, 2027 (in 262 days) Jun 12, 2027 $0.2277 $22.77 Estimated
Mon, Jun 28, 2027 (in 292 days) Jul 12, 2027 $0.2277 $22.77 Estimated
Wed, Jul 28, 2027 (in 322 days) Aug 11, 2027 $0.2277 $22.77 Estimated
Fri, Aug 27, 2027 (in 352 days) Sep 10, 2027 $0.2277 $22.77 Estimated

Estimated dates and amounts are projected from VTES's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.732 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jun 1, 2023 to Sep 1, 2026; most recent $0.214$0.00$0.15$0.30Jun 1, 2023: $0.229Jun '23Jul 3, 2023: $0.208Aug 1, 2023: $0.221Sep 1, 2023: $0.22Oct 2, 2023: $0.216Nov 1, 2023: $0.186Nov '23Dec 1, 2023: $0.236Dec 22, 2023: $0.254Feb 1, 2024: $0.253Mar 1, 2024: $0.253Apr 1, 2024: $0.248Apr '24May 1, 2024: $0.243Jun 3, 2024: $0.254Jul 1, 2024: $0.254Aug 1, 2024: $0.247Sep 3, 2024: $0.254Sep '24Oct 1, 2024: $0.257Nov 1, 2024: $0.25Dec 2, 2024: $0.246Dec 24, 2024: $0.244Feb 3, 2025: $0.229Feb '25Mar 3, 2025: $0.247Apr 1, 2025: $0.233May 1, 2025: $0.226Jun 2, 2025: $0.234Jul 1, 2025: $0.244Jul '25Aug 1, 2025: $0.226Sep 2, 2025: $0.238Oct 1, 2025: $0.238Nov 3, 2025: $0.236Dec 1, 2025: $0.234Dec '25Dec 24, 2025: $0.232Feb 2, 2026: $0.225Mar 2, 2026: $0.236Apr 1, 2026: $0.223May 1, 2026: $0.23May '26Jun 1, 2026: $0.219Jul 1, 2026: $0.226Aug 3, 2026: $0.219Sep 1, 2026: $0.214

Annual distributions per share

Annual dividend per share by calendar year, 2023 to 2026 (year to date)$0.00$2.00$4.002023: $2.189$2.18920232024: $3.003$3.00320242025: $2.817$2.81720252026 (YTD): $1.792$1.7922026 YTD

How much VTES do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month440$44,078$1,200
$500 / month2,197$220,388$6,000
$1,000 / month4,393$440,776$12,000

Based on the forward yield of 2.72%. $10,000 in VTES would currently pay about $272 a year ($23 a month on average). Model reinvestment and growth →

VTES distribution history

Ex-datePay dateAmountChange
Sep 1, 2026 $0.214 -2.3%
Aug 3, 2026 $0.219 -3.1%
Jul 1, 2026 $0.226 +3.2%
Jun 1, 2026 $0.219 -4.8%
May 1, 2026 $0.23 +3.1%
Apr 1, 2026 $0.223 -5.5%
Mar 2, 2026 $0.236 +4.9%
Feb 2, 2026 $0.225 -3.0%
Dec 24, 2025 $0.232 -0.9%
Dec 1, 2025 $0.234 -0.8%
Nov 3, 2025 $0.236 -0.8%
Oct 1, 2025 $0.238 +0.0%
Sep 2, 2025 $0.238 +5.3%
Aug 1, 2025 $0.226 -7.4%
Jul 1, 2025 $0.244 +4.3%
Jun 2, 2025 $0.234 +3.5%
May 1, 2025 $0.226 -3.0%
Apr 1, 2025 $0.233 -5.7%
Mar 3, 2025 $0.247 +7.9%
Feb 3, 2025 $0.229 -6.1%
Dec 24, 2024 $0.244 -0.8%
Dec 2, 2024 $0.246 -1.6%
Nov 1, 2024 $0.25 -2.7%
Oct 1, 2024 $0.257 +1.2%

Payout risk check

Distribution stabilityLow risk

VTES's last 12 distributions were very stable (consistency score 97/100).

Its share price moved -1.3% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Vanguard Short-Term Tax-Exempt Bond ETF Shares

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the bonds that make up the Target Index. The Target Index includes municipal bonds issued primarily by states, local governments, and agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). It is non-diversified.

Fund family: Vanguard. Category: Muni National Short. First distribution on our records: Mar 31, 2023. 43 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

VTES distribution FAQ

When is VTES's next ex-distribution date?

VTES's next ex-distribution date is Oct 1, 2026 (in 22 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.2277 per share, expected on Oct 15, 2026.

How often does VTES pay distributions?

VTES pays distributions every month, 12 times a year. The most recent payment was $0.214 per share with an ex-date of Sep 1, 2026.

What is VTES's distribution yield?

VTES's trailing 12-month distribution yield is 2.72%, based on $2.732 per share paid over the last year and a share price of $100.35. The forward yield, using the indicated annual rate of $2.732 per share, is 2.72%.

How much does VTES pay per share?

VTES pays about $0.2277 per share each month, which works out to roughly $2.732 per share a year. 100 shares would collect about $273.20 a year.

Has VTES grown or cut its distribution?

As a fund, VTES's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of VTES do I need to earn $100 a month?

At the current forward yield of 2.72%, you would need about 440 shares of VTES (roughly $44,078 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

Similar funds