Vanguard California Long-Term Tax-Exempt Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.0%
1 yr return
4.4%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
1.1%
Net Assets
$5.22 B
Holdings in Top 10
7.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VCITX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.32%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVanguard California Long-Term Tax-Exempt Fund
-
Fund Family NameVanguard
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen McFee
Fund Description
VCITX - Performance
Return Ranking - Trailing
Period | VCITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -3.2% | 18.1% | 59.41% |
1 Yr | 4.4% | -3.1% | 29.1% | 23.77% |
3 Yr | -0.9%* | -11.5% | 3.2% | 38.22% |
5 Yr | 1.1%* | -6.6% | 1102.5% | 22.45% |
10 Yr | 2.7%* | -0.7% | 248.5% | 9.27% |
* Annualized
Return Ranking - Calendar
Period | VCITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -1.4% | 41.0% | 8.78% |
2022 | -12.4% | -39.7% | 0.3% | 60.29% |
2021 | -1.1% | -5.6% | 6.9% | 78.28% |
2020 | 2.2% | -2.6% | 310.0% | 25.96% |
2019 | 5.4% | 0.0% | 26.0% | 9.96% |
Total Return Ranking - Trailing
Period | VCITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -3.2% | 18.1% | 59.41% |
1 Yr | 4.4% | -3.1% | 29.1% | 23.77% |
3 Yr | -0.9%* | -11.5% | 3.2% | 38.22% |
5 Yr | 1.1%* | -6.6% | 1102.5% | 22.45% |
10 Yr | 2.7%* | -0.7% | 248.5% | 9.27% |
* Annualized
Total Return Ranking - Calendar
Period | VCITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -1.3% | 41.0% | 7.60% |
2022 | -9.9% | -39.7% | 1.1% | 57.44% |
2021 | 2.1% | -4.8% | 23761504.0% | 37.90% |
2020 | 4.7% | -1.5% | 17057.9% | 22.27% |
2019 | 8.9% | 0.2% | 3514.6% | 7.44% |
NAV & Total Return History
VCITX - Holdings
Concentration Analysis
VCITX | Category Low | Category High | VCITX % Rank | |
---|---|---|---|---|
Net Assets | 5.22 B | 3.22 M | 71.9 B | 5.49% |
Number of Holdings | 1379 | 2 | 13203 | 5.94% |
Net Assets in Top 10 | 396 M | -317 M | 3.56 B | 7.71% |
Weighting of Top 10 | 7.60% | 1.4% | 100.2% | 89.41% |
Top 10 Holdings
- NRTHRN ENERGY AUTH-A 1.72%
- JPM-PUTTERS-MIZ9119 0.86%
- UNIV OF CA REGENTS -P 0.76%
- TNDR OPT-FLTRS-XG0100 0.67%
- CA HLTH FACS FING -A 0.66%
- CA HLTH FACS-A2 0.63%
- CA CMNTY CHOICE-D 0.62%
- CA CMNTY CHOICE FING 0.58%
- CA CMNTY CHOICE FING 0.55%
- UNIV OF CALIFORNIA CA 0.54%
Asset Allocation
Weighting | Return Low | Return High | VCITX % Rank | |
---|---|---|---|---|
Bonds | 99.34% | 0.00% | 150.86% | 28.20% |
Cash | 0.66% | -50.86% | 46.80% | 72.04% |
Stocks | 0.00% | 0.00% | 100.23% | 47.39% |
Preferred Stocks | 0.00% | 0.00% | 0.56% | 40.24% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 40.20% |
Other | 0.00% | -3.18% | 33.35% | 92.68% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VCITX % Rank | |
---|---|---|---|---|
Municipal | 99.62% | 44.39% | 100.00% | 26.49% |
Cash & Equivalents | 0.00% | 0.00% | 46.24% | 74.46% |
Securitized | 0.00% | 0.00% | 5.93% | 41.70% |
Corporate | 0.00% | 0.00% | 9.41% | 51.41% |
Government | 0.00% | 0.00% | 52.02% | 44.79% |
Derivative | 0.00% | -3.18% | 19.67% | 92.42% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VCITX % Rank | |
---|---|---|---|---|
US | 99.34% | 0.00% | 142.23% | 26.39% |
Non US | 0.00% | 0.00% | 23.89% | 44.09% |
VCITX - Expenses
Operational Fees
VCITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.17% | 0.01% | 20.65% | 97.91% |
Management Fee | 0.16% | 0.00% | 1.20% | 3.85% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
VCITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
VCITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
VCITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 42.00% | 0.00% | 283.00% | 89.27% |
VCITX - Distributions
Dividend Yield Analysis
VCITX | Category Low | Category High | VCITX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.36% | 0.00% | 14.51% | 30.55% |
Dividend Distribution Analysis
VCITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VCITX | Category Low | Category High | VCITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.32% | -0.53% | 5.33% | 29.21% |
Capital Gain Distribution Analysis
VCITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.032 | OrdinaryDividend |
Mar 28, 2024 | $0.031 | OrdinaryDividend |
Feb 29, 2024 | $0.031 | OrdinaryDividend |
Jan 31, 2024 | $0.029 | OrdinaryDividend |
Dec 29, 2023 | $0.030 | OrdinaryDividend |
Nov 30, 2023 | $0.030 | OrdinaryDividend |
Oct 31, 2023 | $0.030 | OrdinaryDividend |
Sep 29, 2023 | $0.030 | OrdinaryDividend |
Aug 31, 2023 | $0.029 | OrdinaryDividend |
Jul 31, 2023 | $0.028 | OrdinaryDividend |
Jun 30, 2023 | $0.029 | OrdinaryDividend |
May 31, 2023 | $0.028 | OrdinaryDividend |
Apr 28, 2023 | $0.028 | OrdinaryDividend |
Mar 31, 2023 | $0.028 | OrdinaryDividend |
Feb 28, 2023 | $0.029 | OrdinaryDividend |
Jan 31, 2023 | $0.027 | OrdinaryDividend |
Dec 30, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.026 | OrdinaryDividend |
Oct 31, 2022 | $0.025 | OrdinaryDividend |
Sep 30, 2022 | $0.024 | OrdinaryDividend |
Aug 31, 2022 | $0.024 | OrdinaryDividend |
Jul 29, 2022 | $0.024 | OrdinaryDividend |
Jun 30, 2022 | $0.024 | OrdinaryDividend |
May 31, 2022 | $0.024 | OrdinaryDividend |
Apr 29, 2022 | $0.024 | OrdinaryDividend |
Mar 31, 2022 | $0.024 | OrdinaryDividend |
Feb 28, 2022 | $0.025 | OrdinaryDividend |
Jan 31, 2022 | $0.024 | OrdinaryDividend |
Dec 31, 2021 | $0.024 | OrdinaryDividend |
Dec 29, 2021 | $0.010 | CapitalGainShortTerm |
Dec 29, 2021 | $0.069 | CapitalGainLongTerm |
Nov 30, 2021 | $0.025 | OrdinaryDividend |
Oct 29, 2021 | $0.024 | OrdinaryDividend |
Sep 30, 2021 | $0.025 | OrdinaryDividend |
Aug 31, 2021 | $0.024 | OrdinaryDividend |
Jul 30, 2021 | $0.024 | OrdinaryDividend |
Jun 30, 2021 | $0.024 | OrdinaryDividend |
May 28, 2021 | $0.025 | OrdinaryDividend |
Apr 30, 2021 | $0.025 | OrdinaryDividend |
Mar 31, 2021 | $0.025 | OrdinaryDividend |
Feb 26, 2021 | $0.026 | OrdinaryDividend |
Jan 29, 2021 | $0.025 | OrdinaryDividend |
Dec 31, 2020 | $0.026 | OrdinaryDividend |
Dec 29, 2020 | $0.003 | CapitalGainShortTerm |
Dec 29, 2020 | $0.080 | CapitalGainLongTerm |
Nov 30, 2020 | $0.026 | OrdinaryDividend |
Oct 30, 2020 | $0.026 | OrdinaryDividend |
Sep 30, 2020 | $0.027 | OrdinaryDividend |
May 29, 2020 | $0.028 | OrdinaryDividend |
Feb 28, 2020 | $0.027 | OrdinaryDividend |
Jan 31, 2020 | $0.029 | OrdinaryDividend |
Dec 31, 2019 | $0.029 | OrdinaryDividend |
Nov 29, 2019 | $0.029 | OrdinaryDividend |
Oct 31, 2019 | $0.030 | OrdinaryDividend |
Sep 30, 2019 | $0.029 | OrdinaryDividend |
Aug 30, 2019 | $0.030 | OrdinaryDividend |
Jul 31, 2019 | $0.031 | OrdinaryDividend |
Jun 28, 2019 | $0.030 | DailyAccrualFund |
Dec 29, 2005 | $0.003 | CapitalGainShortTerm |
Dec 29, 2005 | $0.019 | CapitalGainLongTerm |
Dec 31, 2004 | $0.053 | CapitalGainLongTerm |
Dec 31, 2003 | $0.010 | CapitalGainShortTerm |
Dec 31, 2003 | $0.087 | CapitalGainLongTerm |
Dec 31, 2002 | $0.000 | CapitalGainShortTerm |
Dec 31, 2002 | $0.020 | CapitalGainLongTerm |
Jan 04, 1999 | $0.014 | CapitalGainShortTerm |
Jan 04, 1999 | $0.096 | CapitalGainLongTerm |
Dec 31, 1997 | $0.018 | CapitalGainShortTerm |
Dec 31, 1997 | $0.051 | CapitalGainLongTerm |
Dec 31, 1996 | $0.023 | CapitalGainShortTerm |
Dec 31, 1996 | $0.069 | CapitalGainLongTerm |
VCITX - Fund Manager Analysis
Managers
Stephen McFee
Start Date
Tenure
Tenure Rank
Nov 19, 2020
1.53
1.5%
Stephen M. McFee, CFA, Portfolio Manager and co-lead of the municipal revenue team in Vanguard's Fixed Income Group. He has been with Vanguard since 2005, has worked in investment management since 2007. Education: B.A./B.S., East Stroudsburg University; M.S., St. Joseph's University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |