VWSTX: Vanguard Short Term Tax Exempt Fund - MutualFunds.com

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Vanguard Short-Term Tx-Ex

VWSTX - Snapshot

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 1.4%
  • Net Assets $20 B
  • Holdings in Top 10 5.4%

52 WEEK LOW AND HIGH

$15.94
$15.44
$15.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.17%

SALES FEES

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

BROKERAGE FEES

  • Turnover 34.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme
    Municipal Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Muni National Short

Compare VWSTX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Intermediate-Term Tax-Exempt Fund

Fund

$14.80

+0.07%

$78.56 B

-

$0.00

2.28%

-

Vanguard Limited Term Tax Exempt Fund

Fund

$11.24

0.00%

$32.48 B

-

$0.00

1.44%

-

American Funds Tax Exempt Bond Fund®

Fund

$13.56

0.00%

$24.26 B

-

$0.00

1.73%

-

Vanguard Short Term Tax Exempt Fund

Fund

$15.94

0.00%

$20.00 B

-

$0.00

0.57%

-

iShares National Muni Bond ETF

MUB | ETF

$116.89

+0.07%

$18.20 B

-

-

2.62%

-

VWSTX - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 1.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Short 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
    Justin Schwartz

Fund Description

The fund has no limitations on the maturity of individual securities, but is expected to maintain a dollar-weighted average maturity of 1 to 2 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 or, if unrated, determined to be of comparable quality by the advisor.

VWSTX - Performance

Return Ranking - Trailing

Period VWSTX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -4.8% 307.0% 75.17%
1 Yr 1.9% -5.4% 5.8% 68.19%
3 Yr 1.7%* -0.6% 8.2% 94.12%
5 Yr 1.4%* -0.3% 6.9% 94.56%
10 Yr 1.1%* -0.1% 8.1% 96.70%

* Annualized

Return Ranking - Calendar

Period VWSTX Return Category Return Low Category Return High Rank in Category (%)
2019 0.8% -0.3% 15.4% 97.28%
2018 0.1% -10.3% 97.2% 2.72%
2017 -0.1% -100.0% 7.6% 90.98%
2016 -0.5% -7.9% 96.8% 2.29%
2015 -0.3% -4.8% 3.0% 52.00%

Total Return Ranking - Trailing

Period VWSTX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -4.8% 307.0% 75.17%
1 Yr 1.9% -8.3% 5.8% 45.06%
3 Yr 1.7%* -2.5% 8.2% 86.41%
5 Yr 1.4%* -1.5% 6.9% 93.13%
10 Yr 1.1%* -0.4% 8.1% 96.44%

* Annualized

Total Return Ranking - Calendar

Period VWSTX Return Category Return Low Category Return High Rank in Category (%)
2019 0.8% -0.3% 15.4% 97.28%
2018 0.1% -10.3% 11.0% 6.64%
2017 -0.1% -100.0% 7.6% 92.15%
2016 -0.5% -7.9% 3.0% 5.37%
2015 -0.3% -4.8% 4.0% 56.58%

NAV & Total Return History

VWSTX - Holdings

Concentration Analysis

VWSTX Category Low Category High VWSTX % Rank
Net Assets 20 B 611 K 78.6 B 0.62%
Number of Holdings 3623 1 10805 1.13%
Net Assets in Top 10 1.03 B -199 M 3.97 B 1.13%
Weighting of Top 10 5.44% 2.5% 100.0% 96.66%

Top 10 Holdings

  1. TEXAS ST 4% 2.27%
  2. NEW JERSEY ST 4% 1.14%
  3. TEXAS ST 0.80%
  4. TENDER OPT BD TR RCPTS / CTFS VAR STS 0.71%
  5. CHICAGO ILL O HARE INTL ARPT REV 0.64%
  6. GRAND PKWY TRANSN CORP TEX 0.62%
  7. PENNSYLVANIA ST TPK COMMN TPK REV 0.53%
  8. METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 0.45%
  9. ILLINOIS ST 0.44%
  10. NUVEEN AMT-FREE MUN CR INCOME FD 0.43%

Asset Allocation

Weighting Return Low Return High VWSTX % Rank
Bonds 		96.00% 0.00% 147.66% 79.10%
Cash 		4.00% -47.66% 100.00% 20.63%
Stocks 		0.00% 0.00% 1.80% 93.35%
Preferred Stocks 		0.00% -0.98% 1.07% 92.84%
Other 		0.00% -1.46% 12.83% 92.45%
Convertible Bonds 		0.00% 0.00% 1.64% 93.29%

Bond Sector Breakdown

Weighting Return Low Return High VWSTX % Rank
Municipal 		95.92% 0.00% 100.00% 77.85%
Cash & Equivalents 		4.08% 0.00% 100.00% 20.69%
Derivative 		0.00% 0.00% 2.16% 93.12%
Securitized 		0.00% 0.00% 6.06% 93.40%
Corporate 		0.00% 0.00% 12.97% 94.14%
Government 		0.00% 0.00% 49.72% 93.63%

Bond Geographic Breakdown

Weighting Return Low Return High VWSTX % Rank
US 		95.67% 0.00% 141.34% 62.46%
Non US 		0.33% 0.00% 27.62% 63.87%

VWSTX - Expenses

Operational Fees

VWSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.17% 0.01% 4.23% 98.56%
Management Fee 0.15% 0.00% 1.10% 3.77%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

VWSTX 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

VWSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

VWSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 0.00% 233.00% 75.32%

VWSTX - Distributions

Dividend Yield Analysis

VWSTX Category Low Category High VWSTX % Rank
Dividend Yield 0.00% 0.00% 3.55% 94.03%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VWSTX Category Low Category High VWSTX % Rank
Net Income Ratio 1.63% 0.00% 6.48% 86.26%

Capital Gain Distribution Analysis

VWSTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

VWSTX - Fund Manager Analysis

Managers

Justin Schwartz

Start Date

Tenure

Tenure Rank

Feb 26, 2016

4.68

4.7%

Justin A. Schwartz, CFA, Portfolio Manager at Vanguard. He has been with Vanguard since 2004, has worked in investment management since 2005, has managed investment portfolios since 2010. Education: B.S., University of Richmond.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 35.61 7.61 2.84

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