VWLTX: Vanguard Long-Term Tax-Exempt

Welcome to MutualFunds.com

Please help us personalize your experience and 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.
Not interested

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

Channels

Charles Schwab IMPACT 2019 Channel

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Screener
Funds
Categories

18 Most Popular Mutual Fund Categories

Canada Equity Funds Global Equity Funds Micro-Cap Equity Funds Precious Metals Equity Funds Water Equity Funds
Consumer Staples Funds US Funds China Funds Israel Funds Retirement Income Funds
Bear Market Strategy Funds Market Neutral Funds Alternative Funds Commodity Funds
Currency Funds Mortgage-Backed Securities Funds High Yield Municipal Bond Funds Money Market Funds

View All Categories

Fund Companies

15 Most Popular Fund Companies

Vanguard Fidelity Investments American Funds T. Rowe Price
JPMorgan BlackRock Dimensional Fund Advisors Franklin Templeton
PIMCO Goldman Sachs Federated MFS
Charles Schwab John Hancock Invesco

View All Fund Companies

15 Most Popular Fund Company Quick Screens

Vanguard Index Funds Vanguard Retirement Funds Vanguard Money Market Funds Fidelity Index Funds
Fidelity Money Market Funds Fidelity Blue Chip Growth Equity Funds American Balanced Funds T. Rowe Price Blue Chip Growth Equity Funds
Blackrock Global Allocation Funds Franklin Income Funds PIMCO Income Funds Charles Schwab Index Funds
Charles Schwab Money Market Funds Invesco Real Estate Funds Matthews Asia International Funds

View All Fund Company Quick Screens

Articles

Articles

Mutual Fund Education Index Fund Center Domestic Stock Funds International and Global Stock Funds Target-Date Funds
Fixed-Income Funds Asset Allocation Specialized Funds Enhanced Index Funds Actively Managed Funds
No-Load Funds Bond Funds Equity Funds Hybrid Funds Resources For Mutual Fund Investors
Q&As and Interviews Lighter Side: Quizzes and More Taxation Expert Analysis and Commentary News
Advisors

Advisor Access

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Practice Management

Content focused on helping financial advisors build successful client relationships and grow their business.

Portfolio Management

Content geared towards helping financial advisors build better client portfolios.

Expert Opinion

Get insights on the industry trends and investment news from leading fund managers and experts.

Advisor Access
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

VWLTX Vanguard Long-Term Tax-Exempt

Profile

VWLTX - Profile

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $14.6 B
  • Holdings in Top 10 2.8%

52 WEEK LOW AND HIGH

$12.10
$11.44
$12.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.17%

SALES FEES

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

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.44%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Long Term Tax Exempt Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Sep 01, 1977
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mathew Kiselak

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Categories

VWLTX - Mutual Fund Categories

Developed Market
North America
Low Cost
Active
No Load
U.S.
Long-Term Bond
Total Bond Market
Muni National Bond
Municipal Bond
U.S. Investment-Grade Bond
Fund Company Quick Screens

VWLTX - Fund Company Quick Screens

Vanguard Bond Funds
Vanguard Municipal Bond Funds
Vanguard U.S. Investment-Grade Bond Funds
Performance

VWLTX - Performance

Return Ranking - Trailing

Period VWLTX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -1.4% 6.6% 25.15%
1 Yr 5.8% -1.4% 86.3% 33.88%
3 Yr 2.1%* -2.6% 23.0% 12.13%
5 Yr 0.6%* -14.5% 12.5% 20.09%
10 Yr 0.9%* -8.5% 6.7% 22.68%

* Annualized

Return Ranking - Calendar

Period VWLTX Return Category Return Low Category Return High Rank in Category (%)
2019 4.7% -1.7% 83.9% 39.40%
2018 -2.6% -11.7% 4.6% 53.43%
2017 2.5% -4.4% 8.3% 12.49%
2016 -3.1% -58.1% 7.7% 86.58%
2015 0.1% -18.3% 3.0% 11.00%

Total Return Ranking - Trailing

Period VWLTX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -1.4% 6.6% 25.15%
1 Yr 5.8% -1.4% 86.3% 33.88%
3 Yr 2.1%* -2.6% 23.0% 21.93%
5 Yr 0.6%* -14.5% 12.5% 34.46%
10 Yr 0.9%* -8.5% 7.1% 38.34%

* Annualized

Total Return Ranking - Calendar

Period VWLTX Return Category Return Low Category Return High Rank in Category (%)
2019 4.7% -1.7% 83.9% 39.91%
2018 -2.6% -11.7% 6.5% 61.45%
2017 2.5% -4.4% 10.4% 22.71%
2016 -3.1% -58.1% 10.7% 88.97%
2015 0.1% -14.6% 4.2% 18.13%

NAV & Total Return History

Holdings

VWLTX - Holdings

Concentration Analysis

VWLTX Category Low Category High VWLTX % Rank
Net Assets 14.6 B 690 K 259 B 5.88%
Number of Holdings 2170 1 17590 4.09%
Net Assets in Top 10 393 M -216 M 23.5 B 23.58%
Weighting of Top 10 2.79% 2.3% 144.8% 99.61%

Top 10 Holdings

  1. NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 5% 0.38%
  2. TENNERGY CORP TENN GAS REV 5% 0.33%
  3. METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4% 0.33%
  4. TOBACCO SETTLEMENT FING CORP N J 5% 0.28%
  5. UNIVERSITY CALIF REVS 5% 0.26%
  6. ILLINOIS ST 5% 0.26%
  7. HAMILTON CNTY OHIO HOSP FACS REV 5% 0.25%
  8. HOUSTON TEX UTIL SYS REV 5% 0.25%
  9. CALIFORNIA HEALTH FACS FING AUTH REV 5% 0.24%
  10. NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 4% 0.23%

Asset Allocation

Weighting Return Low Return High VWLTX % Rank
Bonds 		98.02% 80.02% 160.64% 41.08%
Other 		1.82% -8.60% 31.85% 1.97%
Cash 		0.17% -60.64% 19.63% 76.77%
Stocks 		0.00% -0.98% 26.05% 10.54%
Preferred Stocks 		0.00% 0.00% 7.43% 17.63%
Convertible Bonds 		0.00% 0.00% 6.13% 45.05%

Bond Sector Breakdown

Weighting Return Low Return High VWLTX % Rank
Municipal 		99.83% 0.00% 100.11% 12.72%
Cash & Equivalents 		0.17% -29.57% 21.18% 84.52%
Derivative 		0.00% -0.83% 20.88% 15.05%
Securitized 		0.00% 0.00% 98.40% 54.48%
Corporate 		0.00% 0.00% 99.29% 62.01%
Government 		0.00% -2.21% 122.41% 58.35%

Bond Geographic Breakdown

Weighting Return Low Return High VWLTX % Rank
US 		97.67% 58.28% 160.64% 28.42%
Non US 		0.35% -12.34% 26.76% 75.34%
Expenses

VWLTX - Expenses

Operational Fees

VWLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.17% 0.01% 4.78% 97.05%
Management Fee 0.14% 0.00% 1.10% 5.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

VWLTX 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

VWLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

VWLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 0.00% 1434.00% 19.20%
Distributions

VWLTX - Distributions

Dividend Yield Analysis

VWLTX Category Low Category High VWLTX % Rank
Dividend Yield 0.52% 0.00% 3.49% 32.02%

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 3.44% 0.00% 6.30% 10.01%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +
Fund Manager Analysis

VWLTX - Fund Manager Analysis

Managers

Mathew Kiselak

Start Date

Tenure

Tenure Rank

Jul 16, 2010

9.55

9.6%

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
0.02 33.19 7.45 0.08

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.

X