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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$10.88

$15.1 B

3.03%

$0.33

0.09%

Vitals

YTD Return

3.0%

1 yr return

-7.6%

3 Yr Avg Return

-3.5%

5 Yr Avg Return

-1.0%

Net Assets

$15.1 B

Holdings in Top 10

2.7%

52 WEEK LOW AND HIGH

$10.9
$10.00
$11.71

Expenses

OPERATING FEES

Expense Ratio 0.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$10.88

$15.1 B

3.03%

$0.33

0.09%

VWLUX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return -3.5%
  • 5 Yr Annualized Total Return -1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.65%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Long 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
    Mathew Kiselak

Fund Description

The Fund has no limitations on the maturity of individual securities but is expected to maintain a dollar-weighted average maturity of 10 to 25 years. At least 75% of the securities held by the Fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., Aaa, Aa, and A by Moody‘s Investors Service, Inc. (Moody‘s)) or, if unrated, determined to be of comparable quality by the advisor. The Fund may invest up to 20% of its assets in medium-grade quality bonds, as determined by an NRSRO (e.g., Baa by Moody’s) or by the advisor. The remaining 5% may be invested in securities with lower credit ratings or, if unrated, determined to be of comparable quality by the advisor.
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VWLUX - Performance

Return Ranking - Trailing

Period VWLUX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -86.8% 7.5% 17.36%
1 Yr -7.6% -21.2% 15.7% 71.65%
3 Yr -3.5%* -10.3% 52.2% 74.76%
5 Yr -1.0%* -4.9% 29.9% 62.70%
10 Yr -0.8%* -3.2% 13.6% 45.89%

* Annualized

Return Ranking - Calendar

Period VWLUX Return Category Return Low Category Return High Rank in Category (%)
2022 -12.9% -91.1% 101.7% 73.50%
2021 -0.4% -79.2% 102.5% 67.35%
2020 0.9% -66.1% 60.0% 10.57%
2019 1.1% -57.4% 7.6% 28.25%
2018 -0.5% -35.9% 3.2% 57.77%

Total Return Ranking - Trailing

Period VWLUX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -86.8% 7.5% 17.54%
1 Yr -7.6% -21.2% 15.4% 71.89%
3 Yr -3.5%* -10.3% 52.2% 75.44%
5 Yr -1.0%* -4.9% 29.9% 65.84%
10 Yr -0.8%* -3.2% 13.6% 52.36%

* Annualized

Total Return Ranking - Calendar

Period VWLUX Return Category Return Low Category Return High Rank in Category (%)
2022 -12.9% -91.1% 101.7% 73.37%
2021 -0.4% -79.2% 102.5% 67.32%
2020 0.9% -66.1% 60.0% 10.61%
2019 1.1% -57.4% 7.6% 28.49%
2018 -0.5% -35.9% 3.2% 59.20%

NAV & Total Return History


VWLUX - Holdings

Concentration Analysis

VWLUX Category Low Category High VWLUX % Rank
Net Assets 15.1 B 2.87 M 73.9 B 1.19%
Number of Holdings 3279 1 14000 1.55%
Net Assets in Top 10 437 M -317 M 8.64 B 5.52%
Weighting of Top 10 2.70% 2.4% 100.0% 99.77%

Top 10 Holdings

  1. PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.39%
  2. METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 0.33%
  3. UNIVERSITY MASS BLDG AUTH PROJ REV 0.32%
  4. NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 0.32%
  5. TENNERGY CORP TENN GAS REV 0.28%
  6. MASSACHUSETTS ST 0.26%
  7. ILLINOIS ST 0.24%
  8. UNIVERSITY CALIF REVS 0.23%
  9. TOBACCO SETTLEMENT FING CORP N J 0.23%
  10. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 0.21%

Asset Allocation

Weighting Return Low Return High VWLUX % Rank
Bonds
97.95% 0.00% 150.86% 69.20%
Cash
2.05% -50.86% 100.00% 29.69%
Stocks
0.00% -0.03% 4.63% 84.05%
Preferred Stocks
0.00% -1.79% 0.04% 82.99%
Other
0.00% -13.03% 30.01% 82.76%
Convertible Bonds
0.00% 0.00% 0.93% 83.49%

Bond Sector Breakdown

Weighting Return Low Return High VWLUX % Rank
Municipal
97.95% 0.00% 100.00% 67.12%
Cash & Equivalents
2.05% 0.00% 100.00% 31.55%
Derivative
0.00% 0.00% 21.68% 83.26%
Securitized
0.00% 0.00% 5.93% 83.72%
Corporate
0.00% 0.00% 9.99% 86.14%
Government
0.00% 0.00% 52.02% 84.82%

Bond Geographic Breakdown

Weighting Return Low Return High VWLUX % Rank
US
97.12% 0.00% 142.23% 54.67%
Non US
0.83% 0.00% 62.14% 45.42%

VWLUX - Expenses

Operational Fees

VWLUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.09% 0.02% 3.60% 99.63%
Management Fee 0.09% 0.00% 1.10% 2.14%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.44% 28.49%

Sales Fees

VWLUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

VWLUX 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.

VWLUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 283.00% 41.15%

VWLUX - Distributions

Dividend Yield Analysis

VWLUX Category Low Category High VWLUX % Rank
Dividend Yield 3.03% 0.00% 35.27% 11.71%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VWLUX Category Low Category High VWLUX % Rank
Net Income Ratio 2.65% -0.53% 24.00% 15.13%

Capital Gain Distribution Analysis

VWLUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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VWLUX - 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 7.21 1.58