$Vanguard Tax-Exempt Bond Etf(VTEB.US$ Better than BND! VTEB has a 1.74% 5 yr. return and BND only 1.19% 5yr. return. It has less interest rate risk than most bonds and 80% of VTEB is federal income tax exempt. BNDs e/p is .03% vs VTEB .05%. If you ask me .02% savings on the expense ratio isn’t enough to make up for it. I’ve converted my bonds over to VTEB. ![]()
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Richard Akin
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