Vanguard Limited-Term Tax-Exempt Fund (VMLTX)

10.85
Net Asset Value
+0.09%
1 Day
-0.37%
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-0.22% 3 years+0.88%
3 months-0.31% 5 years+1.01%
1 year+1.01% Since inception+4.02%
Data through --

Peer Comparisonvs. Muni national short

 VMLTXCategory
Performance 5-yr return+1.01%+0.80%
Expense ratio0.19%0.66%
Risk 5 year sharpe ratio0.480.29
Net assets$25.1B$1.9B
Average market cap--$4.0B
Average P/E--20.8
Portfolio turnover19%19%

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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 income98.18%
Cash1.82%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.01%
-- 0.98%
-- 0.68%
-- 0.60%
-- 0.40%
-- 0.40%
-- 0.36%
-- 0.35%
-- 0.33%
-- 0.32%