<SEC-DOCUMENT>0000932471-19-006348-index.html : 20190226
<SEC-HEADER>0000932471-19-006348.hdr.sgml : 20190226
<ACCEPTANCE-DATETIME>20190225173542
ACCESSION NUMBER:		0000932471-19-006348
CONFORMED SUBMISSION TYPE:	485BPOS
PUBLIC DOCUMENT COUNT:		61
FILED AS OF DATE:		20190226
DATE AS OF CHANGE:		20190225
EFFECTIVENESS DATE:		20190226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VANGUARD MUNICIPAL BOND FUNDS
		CENTRAL INDEX KEY:			0000225997
		IRS NUMBER:				232022170
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		485BPOS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-57689
		FILM NUMBER:		19630736

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 2600
		STREET 2:		V26
		CITY:			VALLEY FORGE
		STATE:			PA
		ZIP:			19482
		BUSINESS PHONE:		6106691000

	MAIL ADDRESS:	
		STREET 1:		PO BOX 2600
		STREET 2:		V26
		CITY:			VALLEY FORGE
		STATE:			PA
		ZIP:			19482

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANGUARD MUNICIPAL BOND FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANGUARD MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	19851103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WARWICK MUNICIPAL BOND FUND INC
		DATE OF NAME CHANGE:	19800619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VANGUARD MUNICIPAL BOND FUNDS
		CENTRAL INDEX KEY:			0000225997
		IRS NUMBER:				232022170
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		485BPOS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02687
		FILM NUMBER:		19630735

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 2600
		STREET 2:		V26
		CITY:			VALLEY FORGE
		STATE:			PA
		ZIP:			19482
		BUSINESS PHONE:		6106691000

	MAIL ADDRESS:	
		STREET 1:		PO BOX 2600
		STREET 2:		V26
		CITY:			VALLEY FORGE
		STATE:			PA
		ZIP:			19482

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANGUARD MUNICIPAL BOND FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANGUARD MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	19851103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WARWICK MUNICIPAL BOND FUND INC
		DATE OF NAME CHANGE:	19800619
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000002892
<SERIES-NAME>Vanguard High-Yield Tax-Exempt Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007949
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWAHX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007950
<CLASS-CONTRACT-NAME>Admiral Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWALX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000002894
<SERIES-NAME>Vanguard Intermediate-Term Tax-Exempt Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007953
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWITX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007954
<CLASS-CONTRACT-NAME>Admiral Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWIUX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000002895
<SERIES-NAME>Vanguard Limited-Term Tax-Exempt Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007955
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VMLTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007956
<CLASS-CONTRACT-NAME>Admiral Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VMLUX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000002896
<SERIES-NAME>Vanguard Long-Term Tax-Exempt Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007957
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWLTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007958
<CLASS-CONTRACT-NAME>Admiral Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWLUX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000002897
<SERIES-NAME>Vanguard Short-Term Tax-Exempt Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007959
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWSTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007960
<CLASS-CONTRACT-NAME>Admiral Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VWSUX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000002898
<SERIES-NAME>Vanguard Municipal Money Market Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000007961
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VMSXX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225997
<SERIES-ID>S000048568
<SERIES-NAME>Vanguard Tax-Exempt Bond Index Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000153131
<CLASS-CONTRACT-NAME>Admiral Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VTEAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000153132
<CLASS-CONTRACT-NAME>ETF Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VTEB
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000153133
<CLASS-CONTRACT-NAME>Investor Shares
<CLASS-CONTRACT-TICKER-SYMBOL>VTEBX
</CLASS-CONTRACT>
</SERIES>
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</SERIES-AND-CLASSES-CONTRACTS-DATA>
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<DOCUMENT>
<TYPE>485BPOS
<SEQUENCE>1
<FILENAME>merged.htm
<DESCRIPTION>MUNICIPAL BOND FUNDS ANNUAL UPDATE
<TEXT>
Document 1 - file: merged.htm

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<DOCUMENT>
<TYPE>EX-99.G CUST AGREEMT
<SEQUENCE>2
<FILENAME>statestreet_g.htm
<DESCRIPTION>STATE STREET CUST AGR
<TEXT>
Document 2 - file: statestreet_g.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.J OTHER OPININ
<SEQUENCE>3
<FILENAME>pwcconsent_j.htm
<DESCRIPTION>PWC CONSENT
<TEXT>
Document 3 - file: pwcconsent_j.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.N 18F-3 PLAN
<SEQUENCE>4
<FILENAME>mcp012319_n.htm
<DESCRIPTION>MULTI CLASS PLAN
<TEXT>
Document 4 - file: mcp012319_n.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.P CODE ETH
<SEQUENCE>5
<FILENAME>coe_p.htm
<DESCRIPTION>VANGUARD COE
<TEXT>
Document 5 - file: coe_p.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>coe_px10x1.jpg
<TEXT>
Document 7 - file: coe_px10x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>coe_px14x1.jpg
<TEXT>
Document 8 - file: coe_px14x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>coe_px16x1.jpg
<TEXT>
Document 9 - file: coe_px16x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>coe_px1x1.jpg
<TEXT>
Document 10 - file: coe_px1x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>coe_px20x1.jpg
<TEXT>
Document 11 - file: coe_px20x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>coe_px30x1.jpg
<TEXT>
Document 12 - file: coe_px30x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>coe_px42x1.jpg
<TEXT>
Document 13 - file: coe_px42x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>coe_px4x1.jpg
<TEXT>
Document 14 - file: coe_px4x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>coe_px4x2.jpg
<TEXT>
Document 15 - file: coe_px4x2.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>coe_px6x1.jpg
<TEXT>
Document 16 - file: coe_px6x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>coe_px8x1.jpg
<TEXT>
Document 17 - file: coe_px8x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>etfp4391x14x1.jpg
<TEXT>
Document 18 - file: etfp4391x14x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>etfp4391x15x1.jpg
<TEXT>
Document 19 - file: etfp4391x15x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>etfp4391x16x1.jpg
<TEXT>
Document 20 - file: etfp4391x16x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>etfp4391x17x1.jpg
<TEXT>
Document 21 - file: etfp4391x17x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>etfp4391x17x2.jpg
<TEXT>
Document 22 - file: etfp4391x17x2.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>etfp4391x17x3.jpg
<TEXT>
Document 23 - file: etfp4391x17x3.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>24
<FILENAME>etfp4391x18x1.jpg
<TEXT>
Document 24 - file: etfp4391x18x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>25
<FILENAME>etfp4391x18x2.jpg
<TEXT>
Document 25 - file: etfp4391x18x2.jpg

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<TYPE>GRAPHIC
<SEQUENCE>26
<FILENAME>etfp4391x1x1.jpg
<TEXT>
Document 26 - file: etfp4391x1x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>27
<FILENAME>etfp4391x20x1.jpg
<TEXT>
Document 27 - file: etfp4391x20x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>28
<FILENAME>etfp4391x21x1.jpg
<TEXT>
Document 28 - file: etfp4391x21x1.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>29
<FILENAME>etfp4391x21x2.jpg
<TEXT>
Document 29 - file: etfp4391x21x2.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>30
<FILENAME>etfp4391x21x3.jpg
<TEXT>
Document 30 - file: etfp4391x21x3.jpg

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>31
<FILENAME>etfp4391x36x1.jpg
<TEXT>
Document 31 - file: etfp4391x36x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>32
<FILENAME>etfp4391x6x1.jpg
<TEXT>
Document 32 - file: etfp4391x6x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>33
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<TEXT>
Document 33 - file: p045x10x1.jpg

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<SEQUENCE>34
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<TEXT>
Document 34 - file: p045x16x1.jpg

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<TYPE>GRAPHIC
<SEQUENCE>35
<FILENAME>p045x1x1.jpg
<TEXT>
Document 35 - file: p045x1x1.jpg

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<SEQUENCE>36
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Document 36 - file: p045x22x1.jpg

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Document 37 - file: p045x27x1.jpg

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Document 38 - file: p045x32x1.jpg

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Document 39 - file: p045x38x1.jpg

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Document 40 - file: p045x39x1.jpg

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Document 41 - file: p045x40x1.jpg

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Document 42 - file: p045x40x2.jpg

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Document 43 - file: p045x40x3.jpg

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Document 44 - file: p045x41x1.jpg

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Document 45 - file: p045x43x1.jpg

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Document 46 - file: p045x43x2.jpg

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Document 47 - file: p045x5x1.jpg

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Document 48 - file: p045x88x1.jpg

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Document 49 - file: p1491x11x1.jpg

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Document 50 - file: p1491x12x1.jpg

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<SEQUENCE>51
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Document 51 - file: p1491x13x1.jpg

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Document 52 - file: p1491x14x1.jpg

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<SEQUENCE>53
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Document 53 - file: p1491x15x1.jpg

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Document 54 - file: p1491x15x2.jpg

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Document 55 - file: p1491x15x3.jpg

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<SEQUENCE>56
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Document 56 - file: p1491x16x1.jpg

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Document 57 - file: p1491x16x2.jpg

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<SEQUENCE>58
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Document 58 - file: p1491x1x1.jpg

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Document 59 - file: p1491x52x1.jpg

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<SEQUENCE>60
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Document 60 - file: p1491x6x1.jpg

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<FILENAME>statestreet_gx31x1.jpg
<TEXT>
Document 61 - file: statestreet_gx31x1.jpg

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<FILENAME>statestreet_gx55x1.jpg
<TEXT>
Document 62 - file: statestreet_gx55x1.jpg

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