Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX)

14.18
Net Asset Value
-0.07%
1 Day
-1.39%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.20%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks a moderate and sustainable level of current income that is exempt from federal personal income taxes. The fund has no limitations on the maturity of individual securities, but is expected to maintain a dollar-weighted average maturity of 6 to 12 years. At least 75% of the securities are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization (NRSRO). No more than 20% of its assets may be invested in bonds in a medium-grade category as determined by an NRSRO. The remaining 5% may be invested in securities with lower credit ratings or in securities that are unrated.

Performance

1 month-1.50% 3 years+4.85%
3 months-0.80% 5 years+5.09%
1 year+2.42% Since inception+5.73%
Data through --

Peer Comparisonvs. Muni national interm

 VWITXCategory
Performance 5-yr return+5.09%+5.09%
Expense ratio0.20%0.85%
Risk 5 year sharpe ratio1.091.01
Net assets$38.6B$1.6B
Average market cap--$4.2B
Average P/E--26.0
Portfolio turnover11%11%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyVanguard
Fund manager & tenureMichael Kobs / 4 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- New Jersey Econ Dev Auth 5.5%0.26%
-- California St Go Bds 5.75%0.24%
-- California St Go Bds 5%0.23%
-- North Tex Twy Auth 5.75%0.22%
-- Massachusetts St G.O Bds 5.5%0.22%
-- Texas St Pub Fin Auth 5%0.21%
-- Golden St Tob Securitization C Ass 6.75%0.21%
-- New York N Y City Mun Wtr Fin Second 5%0.21%
-- Texas Mun Gas Acquisition & Su Sr 5.625%0.20%
-- J P Morgan Chase Putters / Dri Ctfs0.20%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.