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Vanguard Limited-Term Tax-Exempt Fund (VMLTX)

10.91
Net Asset Value
-0.09%
1 Day
+0.65%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.19%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income that is exempt from federal personal income taxes- with limited price volatility. The fund has no limitations on the maturity of individual securities- but is expected to maintain a dollar-weighted average maturity of 2 to 6 years. At least 75% of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization or- if unrated- determined to be of comparable quality by the advisor. The remaining 5% may be invested in securities with lower credit ratings or- if unrated- determined to be of comparable quality by the advisor.

Performance

1 month-0.24% 3 years+1.06%
3 months-0.79% 5 years+1.07%
1 year+2.10% Since inception+4.04%
Data through --

Peer Comparisonvs. Muni national short

 VMLTXCategory
Performance 5-yr return+1.07%+0.86%
Expense ratio0.19%0.66%
Risk 5 year sharpe ratio0.470.28
Net assets$24.9B$1.9B
Average market cap--$1.6B
Average P/E--9.1
Portfolio turnover13%13%

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Fund Management and Purchase Info

Fund familyVanguard
Fund manager & tenureAdam Ferguson / 0 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income96.76%
Cash2.49%
Other0.75%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.63%
-- 1.41%
-- 0.40%
-- 0.37%
-- 0.35%
-- 0.35%
-- 0.32%
-- 0.31%
-- 0.30%
-- 0.28%