Vanguard 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
4.3%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
1.3%
Net Assets
$17.3 B
Holdings in Top 10
6.7%
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 14.00%
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
VWLTX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.57%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVanguard Long-Term Tax-Exempt Fund
-
Fund Family NameVanguard
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMathew Kiselak
VWLTX - Performance
Return Ranking - Trailing
Period | VWLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -3.2% | 18.1% | 54.41% |
1 Yr | 4.3% | -3.1% | 29.1% | 21.86% |
3 Yr | -1.0%* | -11.5% | 3.2% | 42.77% |
5 Yr | 1.3%* | -6.6% | 1102.5% | 12.51% |
10 Yr | 2.8%* | -0.7% | 248.5% | 7.65% |
* Annualized
Return Ranking - Calendar
Period | VWLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -1.4% | 41.0% | 9.30% |
2022 | -12.9% | -39.7% | 0.3% | 70.72% |
2021 | -0.8% | -5.6% | 6.9% | 65.84% |
2020 | 2.8% | -2.6% | 310.0% | 10.18% |
2019 | 4.7% | 0.0% | 26.0% | 21.12% |
Total Return Ranking - Trailing
Period | VWLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -3.2% | 18.1% | 54.41% |
1 Yr | 4.3% | -3.1% | 29.1% | 21.86% |
3 Yr | -1.0%* | -11.5% | 3.2% | 42.77% |
5 Yr | 1.3%* | -6.6% | 1102.5% | 12.51% |
10 Yr | 2.8%* | -0.7% | 248.5% | 7.65% |
* Annualized
Total Return Ranking - Calendar
Period | VWLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -1.3% | 41.0% | 7.14% |
2022 | -10.3% | -39.7% | 1.1% | 62.95% |
2021 | 2.5% | -4.8% | 23761504.0% | 26.00% |
2020 | 5.7% | -1.5% | 17057.9% | 8.27% |
2019 | 8.8% | 0.2% | 3514.6% | 7.65% |
NAV & Total Return History
VWLTX - Holdings
Concentration Analysis
VWLTX | Category Low | Category High | VWLTX % Rank | |
---|---|---|---|---|
Net Assets | 17.3 B | 3.22 M | 71.9 B | 0.85% |
Number of Holdings | 3652 | 2 | 13203 | 1.57% |
Net Assets in Top 10 | 1.15 B | -317 M | 3.56 B | 1.31% |
Weighting of Top 10 | 6.68% | 1.4% | 100.2% | 93.53% |
Top 10 Holdings
- Vanguard Municipal Cash Management Fund 4.14%
- RESTRUCTURED-SER A-2 0.39%
- DENTON ISD 0.38%
- CA CMNTY CHOICE-D 0.31%
- TEXAS ST MUNI GAS ACQ 0.29%
- UNIV OF MASS BLDG AUT 0.25%
- TENNERGY CORP TN GAS 0.24%
- MAIN ST NAT GAS INC 0.23%
- CENTRL PLAINS-A 0.23%
- NEW MEXICO ST MUNI 0.22%
Asset Allocation
Weighting | Return Low | Return High | VWLTX % Rank | |
---|---|---|---|---|
Bonds | 95.14% | 0.00% | 150.86% | 88.71% |
Cash | 4.86% | -50.86% | 46.80% | 8.03% |
Stocks | 0.00% | 0.00% | 100.23% | 40.93% |
Preferred Stocks | 0.00% | 0.00% | 0.56% | 32.85% |
Other | 0.00% | -3.18% | 33.35% | 41.02% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 32.79% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VWLTX % Rank | |
---|---|---|---|---|
Municipal | 97.95% | 44.39% | 100.00% | 55.87% |
Cash & Equivalents | 4.14% | 0.00% | 46.24% | 8.36% |
Derivative | 0.00% | -3.18% | 19.67% | 37.95% |
Securitized | 0.00% | 0.00% | 5.93% | 34.49% |
Corporate | 0.00% | 0.00% | 9.41% | 44.72% |
Government | 0.00% | 0.00% | 52.02% | 37.90% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VWLTX % Rank | |
---|---|---|---|---|
US | 95.14% | 0.00% | 142.23% | 86.87% |
Non US | 0.00% | 0.00% | 23.89% | 37.30% |
VWLTX - Expenses
Operational Fees
VWLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.17% | 0.01% | 20.65% | 97.78% |
Management Fee | 0.16% | 0.00% | 1.20% | 3.72% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 0.44% | 25.46% |
Sales Fees
VWLTX 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
VWLTX 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.
VWLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 14.00% | 0.00% | 283.00% | 38.10% |
VWLTX - Distributions
Dividend Yield Analysis
VWLTX | Category Low | Category High | VWLTX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.39% | 0.00% | 14.51% | 23.56% |
Dividend Distribution Analysis
VWLTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VWLTX | Category Low | Category High | VWLTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.57% | -0.53% | 5.33% | 15.80% |
Capital Gain Distribution Analysis
VWLTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.031 | OrdinaryDividend |
Mar 28, 2024 | $0.030 | OrdinaryDividend |
Feb 29, 2024 | $0.030 | OrdinaryDividend |
Jan 31, 2024 | $0.029 | OrdinaryDividend |
Dec 29, 2023 | $0.030 | OrdinaryDividend |
Nov 30, 2023 | $0.030 | OrdinaryDividend |
Oct 31, 2023 | $0.029 | OrdinaryDividend |
Sep 29, 2023 | $0.029 | OrdinaryDividend |
Aug 31, 2023 | $0.028 | OrdinaryDividend |
Jul 31, 2023 | $0.028 | OrdinaryDividend |
Jun 30, 2023 | $0.028 | OrdinaryDividend |
May 31, 2023 | $0.028 | OrdinaryDividend |
Apr 28, 2023 | $0.028 | OrdinaryDividend |
Mar 31, 2023 | $0.027 | OrdinaryDividend |
Feb 28, 2023 | $0.028 | OrdinaryDividend |
Jan 31, 2023 | $0.027 | OrdinaryDividend |
Dec 30, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.027 | OrdinaryDividend |
Oct 31, 2022 | $0.026 | OrdinaryDividend |
Sep 30, 2022 | $0.026 | OrdinaryDividend |
Aug 31, 2022 | $0.025 | OrdinaryDividend |
Jul 29, 2022 | $0.025 | OrdinaryDividend |
Jun 30, 2022 | $0.026 | OrdinaryDividend |
May 31, 2022 | $0.025 | OrdinaryDividend |
Apr 29, 2022 | $0.025 | OrdinaryDividend |
Mar 31, 2022 | $0.025 | OrdinaryDividend |
Feb 28, 2022 | $0.026 | OrdinaryDividend |
Jan 31, 2022 | $0.024 | OrdinaryDividend |
Dec 31, 2021 | $0.025 | OrdinaryDividend |
Dec 29, 2021 | $0.017 | CapitalGainShortTerm |
Dec 29, 2021 | $0.047 | CapitalGainLongTerm |
Nov 30, 2021 | $0.026 | OrdinaryDividend |
Oct 29, 2021 | $0.025 | OrdinaryDividend |
Sep 30, 2021 | $0.026 | OrdinaryDividend |
Aug 31, 2021 | $0.025 | OrdinaryDividend |
Jul 30, 2021 | $0.026 | OrdinaryDividend |
Jun 30, 2021 | $0.026 | OrdinaryDividend |
May 28, 2021 | $0.026 | OrdinaryDividend |
Apr 30, 2021 | $0.026 | OrdinaryDividend |
Mar 31, 2021 | $0.026 | OrdinaryDividend |
Feb 26, 2021 | $0.027 | OrdinaryDividend |
Jan 29, 2021 | $0.026 | OrdinaryDividend |
Dec 31, 2020 | $0.027 | OrdinaryDividend |
Dec 29, 2020 | $0.005 | CapitalGainShortTerm |
Dec 29, 2020 | $0.052 | CapitalGainLongTerm |
Nov 30, 2020 | $0.027 | OrdinaryDividend |
Oct 30, 2020 | $0.027 | OrdinaryDividend |
Sep 30, 2020 | $0.028 | OrdinaryDividend |
Jul 31, 2020 | $0.028 | OrdinaryDividend |
Jun 30, 2020 | $0.028 | OrdinaryDividend |
May 29, 2020 | $0.029 | OrdinaryDividend |
Apr 30, 2020 | $0.030 | OrdinaryDividend |
Jan 31, 2020 | $0.030 | OrdinaryDividend |
Dec 31, 2019 | $0.030 | OrdinaryDividend |
Dec 20, 2019 | $0.020 | CapitalGainShortTerm |
Dec 20, 2019 | $0.032 | CapitalGainLongTerm |
Nov 29, 2019 | $0.029 | OrdinaryDividend |
Oct 31, 2019 | $0.031 | OrdinaryDividend |
Sep 30, 2019 | $0.030 | OrdinaryDividend |
Aug 30, 2019 | $0.031 | OrdinaryDividend |
Jul 31, 2019 | $0.031 | OrdinaryDividend |
Jun 28, 2019 | $0.031 | OrdinaryDividend |
Dec 14, 2018 | $0.000 | CapitalGainShortTerm |
Dec 14, 2018 | $0.005 | CapitalGainLongTerm |
Dec 13, 2017 | $0.001 | CapitalGainShortTerm |
Dec 13, 2017 | $0.030 | CapitalGainLongTerm |
Dec 23, 2016 | $0.009 | CapitalGainShortTerm |
Dec 23, 2016 | $0.029 | CapitalGainLongTerm |
Dec 24, 2015 | $0.001 | CapitalGainShortTerm |
Dec 24, 2015 | $0.015 | CapitalGainLongTerm |
Dec 26, 2014 | $0.012 | CapitalGainShortTerm |
Dec 26, 2014 | $0.015 | CapitalGainLongTerm |
Dec 29, 2005 | $0.043 | CapitalGainLongTerm |
Dec 31, 2002 | $0.001 | CapitalGainShortTerm |
Dec 31, 2002 | $0.032 | CapitalGainLongTerm |
Dec 31, 2001 | $0.001 | CapitalGainShortTerm |
Dec 31, 2001 | $0.029 | CapitalGainLongTerm |
Jan 04, 1999 | $0.001 | CapitalGainShortTerm |
Jan 04, 1999 | $0.115 | CapitalGainLongTerm |
Dec 31, 1997 | $0.015 | CapitalGainShortTerm |
Dec 31, 1997 | $0.042 | CapitalGainLongTerm |
Dec 31, 1996 | $0.023 | CapitalGainLongTerm |
VWLTX - Fund Manager Analysis
Managers
Mathew Kiselak
Start Date
Tenure
Tenure Rank
Jul 16, 2010
11.88
11.9%
Mathew M. Kiselak, Principal of Vanguard. He has worked in investment management since 1987, has managed investment portfolios since 1990, and has been with Vanguard since 2010. Education: B.S., Pace University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |