Vanguard Limited-Term Tax-Exempt Fund (VMLTX)

11.08
Net Asset Value
0.00%
1 Day
+0.54%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.20%
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.

Performance

1 month+0.06% 3 years+2.10%
3 months+0.58% 5 years+2.40%
1 year+0.84% Since inception+4.45%
Data through --

Peer Comparisonvs. Muni national short

 VMLTXCategory
Performance 5-yr return+2.40%+2.26%
Expense ratio0.20%0.73%
Risk 5 year sharpe ratio1.601.61
Net assets$18.5B$2.1B
Average market cap----
Average P/E----
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyVanguard
Fund manager & tenureMarlin Brown / 6 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income89.18%
Cash10.82%
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
-- Grand Parkway Transn Corp Tex Toll 2%1.21%
-- CMT MUNICIPAL RATE1.13%
-- New York St Twy Auth 5%0.50%
-- Chicago Ill Brd Ed Ctfs0.48%
-- Pittsburgh & Allegheny Cnty Pa Var0.39%
-- Texas Mun Gas Acquisition & Su Sr 5.625%0.34%
-- Michigan Fin Auth 5%0.33%
-- Univ Tex Perm Univ Fd Var Rate0.32%
-- Shelby Cnty Tenn Health Edl & Var Rev B0.32%
-- Metropolitan Transn Auth 5%0.31%

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