diff --git a/changelogs/fragments/51136-fix-ansible-inventory-tracebacks.yml b/changelogs/fragments/51136-fix-ansible-inventory-tracebacks.yml
new file mode 100644
index 00000000000..6a53b522edb
--- /dev/null
+++ b/changelogs/fragments/51136-fix-ansible-inventory-tracebacks.yml
@@ -0,0 +1,2 @@
+bugfixes:
+  - Fix bug where some inventory parsing tracebacks were missing or reported under the wrong plugin.
diff --git a/lib/ansible/errors/__init__.py b/lib/ansible/errors/__init__.py
index 379a7ac3d34..6bbc0e66110 100644
--- a/lib/ansible/errors/__init__.py
+++ b/lib/ansible/errors/__init__.py
@@ -20,8 +20,6 @@ from __future__ import (absolute_import, division, print_function)
 __metaclass__ = type
 
 from collections import Sequence
-import traceback
-import sys
 
 from ansible.errors.yaml_strings import (
     YAML_COMMON_DICT_ERROR,
@@ -70,8 +68,6 @@ class AnsibleError(Exception):
         if orig_exc:
             self.orig_exc = orig_exc
 
-        self.tb = ''.join(traceback.format_tb(sys.exc_info()[2]))
-
     def __str__(self):
         return self.message
 
diff --git a/lib/ansible/inventory/manager.py b/lib/ansible/inventory/manager.py
index 7bd4abd9ee6..f15adf98e60 100644
--- a/lib/ansible/inventory/manager.py
+++ b/lib/ansible/inventory/manager.py
@@ -21,8 +21,10 @@ __metaclass__ = type
 
 import fnmatch
 import os
+import sys
 import re
 import itertools
+import traceback
 
 from operator import attrgetter
 from random import shuffle
@@ -276,10 +278,12 @@ class InventoryManager(object):
                         break
                     except AnsibleParserError as e:
                         display.debug('%s was not parsable by %s' % (source, plugin_name))
-                        failures.append({'src': source, 'plugin': plugin_name, 'exc': e})
+                        tb = ''.join(traceback.format_tb(sys.exc_info()[2]))
+                        failures.append({'src': source, 'plugin': plugin_name, 'exc': e, 'tb': tb})
                     except Exception as e:
-                        display.debug('%s failed to parse %s' % (plugin_name, source))
-                        failures.append({'src': source, 'plugin': plugin_name, 'exc': AnsibleError(e)})
+                        display.debug('%s failed while attempting to parse %s' % (plugin_name, source))
+                        tb = ''.join(traceback.format_tb(sys.exc_info()[2]))
+                        failures.append({'src': source, 'plugin': plugin_name, 'exc': AnsibleError(e), 'tb': tb})
                 else:
                     display.v('%s did not meet %s requirements, check plugin documentation if this is unexpected' % (source, plugin_name))
             else:
@@ -287,8 +291,8 @@ class InventoryManager(object):
                     # only if no plugin processed files should we show errors.
                     for fail in failures:
                         display.warning(u'\n* Failed to parse %s with %s plugin: %s' % (to_text(fail['src']), fail['plugin'], to_text(fail['exc'])))
-                        if hasattr(fail['exc'], 'tb'):
-                            display.vvv(to_text(fail['exc'].tb))
+                        if 'tb' in fail:
+                            display.vvv(to_text(fail['tb']))
                     if C.INVENTORY_ANY_UNPARSED_IS_FAILED:
                         raise AnsibleError(u'Completely failed to parse inventory source %s' % (source))
         if not parsed: