Vanguard Limited-Term Tax-Exempt Fund (VMLTX)
| Fund Assets | 34.59B |
| Expense Ratio | 0.17% |
| Min. Investment | $3,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.05% |
| Dividend Growth | 7.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.94 |
| YTD Return | -0.05% |
| 1-Year Return | 3.86% |
| 5-Year Return | 10.03% |
| 52-Week Low | 10.69 |
| 52-Week High | 11.10 |
| Beta (5Y) | 0.12 |
| Holdings | 7208 |
| Inception Date | Aug 31, 1987 |
About VMLTX
This low-cost municipal bond fund seeks to provide income exempt from federal taxes and typically appeals to investors in higher tax brackets. The fund holds high-quality short-term municipal bonds with an average duration of approximately 2 years, a bit longer than the Short-Term Tax-Exempt Fund. Risks of the fund include the fact that changes in interest rates, both up and down, can affect the fund by resulting in lower bond prices or an eventual decrease in income for the fund. Investors who are looking for a modest level of federal tax-exempt interest income and can tolerate some income and share price risk may wish to consider this fund.
Performance
VMLTX had a total return of 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VMLUX | Admiral Shares | 0.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02789 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02829 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02731 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02836 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02861 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02863 | Nov 3, 2025 |