Vanguard Massachusetts Tax-Exempt Fund Investor Shares (VMATX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.60

+0.09 (0.95%)

Oct 15, 2026, 4:00 PM EST

Fund Assets	3.48B
Expense Ratio	0.091%
Min. Investment	$3,000
Turnover	44.00%
Dividend (ttm)	0.37
Dividend Yield	3.88%
Dividend Growth	4.30%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.51
YTD Return	-3.56%
1-Year Return	-2.49%
5-Year Return	0.37%
52-Week Low	9.36
52-Week High	10.31
Beta (5Y)	0.33
Holdings	1063
Inception Date	Dec 9, 1998

About VMATX

The primary aim of this fund is to generate a substantial amount of current income, free from both federal and Massachusetts personal income taxes. Exclusively available to Massachusetts residents, it principally allocates its investments to high-quality municipal bonds issued by state and local governments within Massachusetts, along with regional and public financing authorities. Under normal operating conditions, a minimum of 80% of the fund's holdings will consist of securities that provide income exempt from federal and Massachusetts state taxes. Although there are no specific limitations on the maturities of individual bonds, the portfolio's dollar-weighted average maturity typically ranges from 10 to 25 years. With an average duration of roughly 6 to 10 years, its net asset value is considerably more responsive to changes in interest rates compared to bond funds with shorter durations. This makes it a suitable option for Massachusetts-based investors who desire income free from federal and state taxes and are comfortable assuming the associated interest rate risk.

Fund Family Vanguard

Category Muni Massachusetts

Performance Rating High

Risk Rating High

Stock Exchange Nasdaq

Ticker Symbol VMATX

Share Class Investor Shares

Index Bloomberg Muni Bond Mass Exempt TR USD

Performance

VMATX had a total return of -2.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.032	Oct 1, 2026
Aug 31, 2026	$0.03124	Sep 1, 2026
Jul 31, 2026	$0.03153	Aug 3, 2026
Jun 30, 2026	$0.03156	Jul 1, 2026
May 29, 2026	$0.03091	Jun 1, 2026
Apr 30, 2026	$0.03132	May 1, 2026

Full Dividend History