VWIUX: Vanguard Interm-Term Tx-Ex Adm

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

VWIUX Vanguard Interm-Term Tx-Ex Adm

  • Fund
  • VWIUX
  • Price as of: Dec 06, 2019
  • $14.46
    - $0.00 - 0.00%

Profile

VWIUX - Profile

Vitals

  • YTD Return 4.0%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $72.3 B
  • Holdings in Top 10 2.8%

52 WEEK LOW AND HIGH

$14.46
$13.83
$14.63

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.09%

SALES FEES

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

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $50,000
  • IRA $50,000

Fund Classification


Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.89%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Intermediate-Term Tax-Exempt Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Feb 12, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James M. D'Arcy

Fund Description

The Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) is a low-cost, actively manage fund that seeks to provide high current income while avoiding Federal taxes. VWIUX does this by investing in intermediate-term municipal bonds, usually with a duration of seven to 10 years. Munis are bonds issued by states, towns and local governments to pay for various programs and are exempt from Federal taxes. The fund uses credit management to find undervalued muni bonds that could provide income and capital appreciation.

Given its low costs, VWIUX makes an ideal core fund for those investors in higher tax brackets looking to trim their bills. The fund is internally managed by Vanguard.


Get Updates About VWIUX

Sign up for Advisor Access to receive email updates about VWIUX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Fund Company Quick Screens

Performance

VWIUX - Performance

Return Ranking - Trailing

Period VWIUX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -0.1% 83.6% 53.89%
1 Yr 4.4% -1.8% 26.6% 56.78%
3 Yr 1.3%* -2.5% 9.4% 40.10%
5 Yr 0.3%* -14.7% 6.6% 42.06%
10 Yr 0.6%* -5.5% 7.9% 49.88%

* Annualized

Return Ranking - Calendar

Period VWIUX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.6% -12.4% 0.8% 26.34%
2017 1.7% -2.8% 17.1% 27.29%
2016 -2.6% -58.1% 8.6% 75.83%
2015 -0.1% -18.3% 3.0% 15.32%
2014 4.0% -34.8% 26.9% 32.99%

Total Return Ranking - Trailing

Period VWIUX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -0.1% 83.6% 54.76%
1 Yr 4.4% -2.1% 26.6% 56.10%
3 Yr 1.3%* -2.5% 9.4% 49.71%
5 Yr 0.3%* -14.7% 6.6% 53.71%
10 Yr 0.6%* -1.4% 7.9% 60.26%

* Annualized

Total Return Ranking - Calendar

Period VWIUX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.6% -11.7% 6.5% 34.19%
2017 1.7% -2.7% 27.0% 38.38%
2016 -2.6% -58.1% 10.7% 78.45%
2015 -0.1% -14.6% 4.2% 23.97%
2014 4.0% -34.8% 26.9% 39.71%

NAV & Total Return History


Holdings

VWIUX - Holdings

Concentration Analysis

VWIUX Category Low Category High VWIUX % Rank
Net Assets 72.3 B 691 K 247 B 0.43%
Number of Holdings 9145 2 17572 0.28%
Net Assets in Top 10 1.94 B -203 M 25.7 B 6.72%
Weighting of Top 10 2.75% 2.5% 138.1% 99.68%

Top 10 Holdings

  1. SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4% 0.38%
  2. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 0.34%
  3. METROPOLITAN TRANSN AUTH N Y REV 5% 0.34%
  4. MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% 0.31%
  5. METROPOLITAN TRANSN AUTH N Y REV 5% 0.30%
  6. CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 5% 0.24%
  7. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 0.23%
  8. NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% 0.21%
  9. UNIVERSITY CALIF REVS 5% 0.21%
  10. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.20%

Asset Allocation

Weighting Return Low Return High VWIUX % Rank
Bonds
98.60% 80.25% 160.29% 36.79%
Cash
1.40% -60.29% 28.73% 57.70%
Stocks
0.00% -17.64% 26.52% 45.40%
Preferred Stocks
0.00% 0.00% 8.19% 49.70%
Other
0.00% -36.80% 30.83% 43.97%
Convertible Bonds
0.00% 0.00% 6.26% 64.91%

Bond Sector Breakdown

Weighting Return Low Return High VWIUX % Rank
Municipal
98.60% 0.00% 149.42% 25.74%
Cash & Equivalents
1.40% -60.29% 28.73% 57.66%
Derivative
0.00% -25.78% 41.91% 42.30%
Securitized
0.00% 0.00% 136.75% 72.16%
Corporate
0.00% 0.00% 98.80% 77.18%
Government
0.00% -86.06% 125.80% 71.31%

Bond Geographic Breakdown

Weighting Return Low Return High VWIUX % Rank
US
98.25% 60.74% 157.48% 25.06%
Non US
0.35% -27.08% 24.33% 75.58%

Expenses

VWIUX - Expenses

Operational Fees

VWIUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.09% 0.00% 209.96% 98.02%
Management Fee 0.08% 0.00% 1.25% 3.55%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.63% N/A

Sales Fees

VWIUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

VWIUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 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.

VWIUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 2053.00% 17.50%

Distributions

VWIUX - Distributions

Dividend Yield Analysis

VWIUX Category Low Category High VWIUX % Rank
Dividend Yield 0.92% 0.00% 95.22% 49.91%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VWIUX Category Low Category High VWIUX % Rank
Net Income Ratio 2.89% 0.00% 6.30% 32.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

VWIUX - Fund Manager Analysis

Managers

James M. D'Arcy


Start Date

Tenure

Tenure Rank

Jun 28, 2013

6.43

6.4%

James M. D’Arcy, CFA, Portfolio Manager at Vanguard. He has worked in investment management since 1996, has managed investment portfolios since 1999, has been with Vanguard since 2011. Prior to this, James D'Arcy is a director and senior portfolio manager for Columbia Management focusing on tax-exempt and crossover short duration accounts. In addition, he manages two short-term funds and various short-term separate accounts and is responsible for developing tax-exempt strategies for Columbia Management’s tax-exempt liquidity strategies group. Mr. D'Arcy joined Columbia Management in 1999 and has been a member of the investment community since 1996. Prior to joining Columbia Management, Mr. D'Arcy worked on the fixed-income trading desk at Wells Capital Management. Mr. D'Arcy received his B.A. in economics from the University of Colorado at Boulder. He holds the Chartered Financial Analyst designation. In addition, he is a member of the CFA North Carolina Society and the National Federation of Municipal Analysts.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 33.02 7.7 7.54