VOHIX: Vanguard Ohio Long Term Tax Exempt Fund - MutualFunds.com
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Vanguard OH Long-Term Tax-Exempt

VOHIX - Snapshot

Vitals

  • YTD Return 0.8%
  • 3 Yr Annualized Return 6.0%
  • 5 Yr Annualized Return 4.2%
  • Net Assets $1.68 B
  • Holdings in Top 10 9.1%

52 WEEK LOW AND HIGH

$13.34
$13.03
$13.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.13%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 30.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Ohio

Compare VOHIX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.90

+0.07%

$85.72 B

-

$0.00

0.27%

0.17%

$11.26

0.00%

$36.46 B

-

$0.00

0.00%

0.17%

$13.76

0.00%

$26.46 B

-

$0.00

1.03%

0.52%

$117.59

+0.05%

$22.01 B

-

-

0.26%

0.07%

$15.94

0.00%

$21.98 B

-

$0.00

-0.06%

0.17%

VOHIX - Profile

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Ohio Long Term Tax Exempt Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Jun 18, 1990
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stephen McFee

Fund Description

The fund invests primarily in high-quality municipal bonds issued by Ohio state and local governments, as well as by regional governmental and public financing authorities. Under normal circumstances, at least 80% of its assets will be invested in securities whose income is exempt from federal and Ohio state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. The fund is non-diversified.


VOHIX - Performance

Return Ranking - Trailing

Period VOHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -2.2% 7.6% 45.28%
1 Yr 5.8% -1.3% 22.3% 41.26%
3 Yr 6.0%* 0.3% 10.0% 7.77%
5 Yr 4.2%* -0.6% 7.8% 8.06%
10 Yr 5.0%* -0.2% 9.6% 15.34%

* Annualized

Return Ranking - Calendar

Period VOHIX Return Category Return Low Category Return High Rank in Category (%)
2020 3.4% -2.8% 310.0% 4.35%
2019 4.1% -0.3% 15.4% 36.05%
2018 -2.5% -10.3% 97.2% 66.82%
2017 2.4% -100.0% 7.6% 22.53%
2016 -2.6% -7.9% 96.8% 41.33%

Total Return Ranking - Trailing

Period VOHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -2.2% 7.6% 45.22%
1 Yr 5.8% -5.4% 22.3% 31.09%
3 Yr 6.0%* -1.7% 10.0% 7.35%
5 Yr 4.2%* -1.8% 7.8% 7.52%
10 Yr 5.0%* -0.4% 9.6% 14.24%

* Annualized

Total Return Ranking - Calendar

Period VOHIX Return Category Return Low Category Return High Rank in Category (%)
2020 3.4% -2.8% 310.0% 4.35%
2019 4.1% -0.3% 15.4% 37.43%
2018 -2.5% -10.3% 11.0% 68.75%
2017 2.4% -100.0% 7.6% 27.16%
2016 -2.6% -7.9% 3.0% 45.87%

NAV & Total Return History


VOHIX - Holdings

Concentration Analysis

VOHIX Category Low Category High VOHIX % Rank
Net Assets 1.68 B 907 K 85.7 B 22.35%
Number of Holdings 797 3 11766 13.55%
Net Assets in Top 10 149 M -241 M 4.15 B 30.62%
Weighting of Top 10 9.07% 2.3% 100.0% 85.42%

Top 10 Holdings

  1. OHIO ST UNIV GEN RCPTS 1.59%
  2. ALLEN CNTY OHIO HOSP FACS REV 1.21%
  3. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 1.20%
  4. LANCASTER PORT AUTH OHIO GAS SUPPLY REV 1.00%
  5. FRANKLIN CNTY OHIO HOSP REV 0.93%
  6. COLUMBUS OHIO SWR REV 0.91%
  7. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 0.89%
  8. ECLIPSE FDG TR VAR STS 0.84%
  9. NORTHEAST OHIO REGL SWR DIST WASTEWTR REV 0.83%
  10. OHIO ST UNIV GEN RCPTS 0.12% 0.81%

Asset Allocation

Weighting Return Low Return High VOHIX % Rank
Bonds
99.99% 65.18% 145.79% 15.53%
Cash
0.01% -45.79% 34.82% 82.93%
Stocks
0.00% -0.06% 2.34% 41.07%
Preferred Stocks
0.00% -0.94% 1.06% 39.61%
Other
0.00% -13.58% 30.00% 41.49%
Convertible Bonds
0.00% 0.00% 1.29% 39.67%

Bond Sector Breakdown

Weighting Return Low Return High VOHIX % Rank
Municipal
99.99% 42.61% 100.00% 11.21%
Cash & Equivalents
0.01% 0.00% 34.82% 84.69%
Derivative
0.00% 0.00% 0.85% 39.39%
Securitized
0.00% 0.00% 7.07% 41.49%
Corporate
0.00% 0.00% 15.60% 49.35%
Government
0.00% 0.00% 50.29% 44.62%

Bond Geographic Breakdown

Weighting Return Low Return High VOHIX % Rank
US
99.59% 65.18% 141.11% 8.76%
Non US
0.40% 0.00% 23.68% 66.31%

VOHIX - Expenses

Operational Fees

VOHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.13% 0.01% 16.95% 98.73%
Management Fee 0.12% 0.00% 1.12% 2.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

VOHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

VOHIX 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.

VOHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 0.00% 299.40% 72.46%

VOHIX - Distributions

Dividend Yield Analysis

VOHIX Category Low Category High VOHIX % Rank
Dividend Yield 0.00% 0.00% 1.75% 43.35%

Dividend Distribution Analysis

VOHIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

VOHIX Category Low Category High VOHIX % Rank
Net Income Ratio 2.73% -1.65% 5.71% 23.24%

Capital Gain Distribution Analysis

VOHIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

VOHIX - Fund Manager Analysis

Managers

Stephen McFee


Start Date

Tenure

Tenure Rank

Feb 07, 2020

1.31

1.3%

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
0.01 36.19 7.08 0.58