UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
INVESTMENT COMPANY ACT FILE NUMBER: 811-2687
NAME OF REGISTRANT: VANGUARD MUNICIPAL BOND FUNDS
ADDRESS OF REGISTRANT: PO BOX 2600, VALLEY FORGE, PA 19482
NAME AND ADDRESS OF AGENT FOR SERVICE: ANNE E. ROBINSON
PO BOX 876
VALLEY FORGE, PA 19482
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (610) 669-1000
DATE OF FISCAL YEAR END: OCTOBER 31
DATE OF REPORTING PERIOD: JULY 1, 2020 - JUNE 30, 2021
******************************* FORM N-Px REPORT *******************************
ICA File Number: 81102687C
Reporting Period: 07/01/2020 - 06/30/2021
VANGUARD MUNICIPAL BOND FUNDS
Each investment advisor's votes cast are shown separately below. Sections
without an investment advisor listed reflect votes cast at the discretion of
the Fund. The votes reported do not reflect any votes cast pursuant to a
regulatory requirement.
==================== VANGUARD LIMITED-TERM TAX-EXEMPT FUND =====================
NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND
Ticker: NVG Security ID: 67071L825
Meeting Date: AUG 05, 2020 Meeting Type: Annual
Record Date: JUN 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1c.1 Elect Director John K. Nelson For For Management
1c.2 Elect Director Terence J. Toth For For Management
1c.3 Elect Director Robert L. Young For For Management
1c.4 Elect Director William C. Hunter For For Management
1c.5 Elect Director Albin F. Moschner For For Management
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NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NEA Security ID: 670657709
Meeting Date: AUG 05, 2020 Meeting Type: Annual
Record Date: JUN 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1c.1 Elect Director John K. Nelson For For Management
1c.2 Elect Director Terence J. Toth For For Management
1c.3 Elect Director Robert L. Young For For Management
1c.4 Elect Director William C. Hunter For For Management
1c.5 Elect Director Albin F. Moschner For For Management
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NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NEA Security ID: 670657774
Meeting Date: AUG 05, 2020 Meeting Type: Annual
Record Date: JUN 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1c.1 Elect Director John K. Nelson For For Management
1c.2 Elect Director Terence J. Toth For For Management
1c.3 Elect Director Robert L. Young For For Management
1c.4 Elect Director William C. Hunter For For Management
1c.5 Elect Director Albin F. Moschner For For Management
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NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NEA Security ID: 670657857
Meeting Date: AUG 05, 2020 Meeting Type: Annual
Record Date: JUN 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1c.1 Elect Director John K. Nelson For For Management
1c.2 Elect Director Terence J. Toth For For Management
1c.3 Elect Director Robert L. Young For For Management
1c.4 Elect Director William C. Hunter For For Management
1c.5 Elect Director Albin F. Moschner For For Management
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NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NEA Security ID: 670657709
Meeting Date: DEC 07, 2020 Meeting Type: Special
Record Date: SEP 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Reorganization of Funds For For Management
between Nuveen Michigan Quality
Municipal Income Fund and Nuveen
AMT-Free Quality Municipal Income Fund
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NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NEA Security ID: 670657774
Meeting Date: DEC 07, 2020 Meeting Type: Special
Record Date: SEP 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Reorganization of Funds For For Management
between Nuveen Michigan Quality
Municipal Income Fund and Nuveen
AMT-Free Quality Municipal Income Fund
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NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NEA Security ID: 670657857
Meeting Date: DEC 07, 2020 Meeting Type: Special
Record Date: SEP 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Reorganization of Funds For For Management
between Nuveen Michigan Quality
Municipal Income Fund and Nuveen
AMT-Free Quality Municipal Income Fund
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NUVEEN CALIFORNIA AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NKX Security ID: 670651868
Meeting Date: NOV 16, 2020 Meeting Type: Annual
Record Date: SEP 18, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director John K. Nelson For For Management
1.2 Elect Director Terence J. Toth For For Management
1.3 Elect Director Robert L. Young For For Management
1.4 Elect Director William C. Hunter For For Management
1.5 Elect Director Albin F. Moschner For For Management
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NUVEEN NEW YORK AMT-FREE QUALITY MUNICIPAL INCOME FUND
Ticker: NRK Security ID: 670656701
Meeting Date: AUG 05, 2020 Meeting Type: Annual
Record Date: JUN 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1c.1 Elect Director John K. Nelson For For Management
1c.2 Elect Director Terence J. Toth For For Management
1c.3 Elect Director Robert L. Young For For Management
1c.4 Elect Director William C. Hunter For For Management
1c.5 Elect Director Albin F. Moschner For For Management
========== END NPX REPORT
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
VANGUARD MUNICIPAL BOND FUNDS
By: /s/Mortimer J. Buckley
Mortimer J. Buckley*
Chief Executive Officer, President, and Trustee
Date: August 24, 2021
*By: /s/Anne E. Robinson
Anne E. Robinson, pursuant to a Power of Attorney filed on October 23, 2020, see
File Number 2-52698. Incorporated by Reference.