VANGUARD MUN BD FDS

Ticker: VCRM CUSIP: 922907712 Class: CORE TAX EXEMPT

Elequin Capital, LP's Holding History (CIK: 0001810873)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 35,296 Value ($000) $2,667 Avg Close — Range —

Q3 2025

Shares 41,766 Value ($000) $3,143 Avg Close — Range —

Q2 2025

Shares 22,545 Value ($000) $1,659 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	35,296	$2,667	—	—
Q3 2025	41,766	$3,143	—	—
Q2 2025	22,545	$1,659	—	—