Vanguard PA Long-Term Tax-Exempt Adm (VPALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.62

-0.01 (-0.09%)

At close: Aug 26, 2026

2.21% (1Y)

Fund Assets	3.96B
Expense Ratio	0.09%
Min. Investment	$50,000
Turnover	25.00%
Dividend (ttm)	0.40
Dividend Yield	3.81%
Dividend Growth	4.46%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.63
YTD Return	0.32%
1-Year Return	6.22%
5-Year Return	4.44%
52-Week Low	10.39
52-Week High	10.98
Beta (5Y)	0.02
Holdings	1304
Inception Date	May 14, 2001

About VPALX

Vanguard Pennsylvania Long-Term Tax-Exempt Fund Admiral Shares is a municipal bond mutual fund that primarily aims to provide investors with current income exempt from both federal and Pennsylvania state personal income taxes. The fund invests predominantly in high-quality, investment-grade municipal bonds issued by Pennsylvania state, local, and regional governments, as well as agencies and authorities, ensuring broad diversification across more than a thousand holdings. It features a conservative management approach that emphasizes credit quality and prudent interest rate sensitivity. With a notably low expense ratio of 0.09%, the fund offers cost efficiency relative to its peers. Designed for Pennsylvania residents seeking tax-advantaged income, the fund is particularly suitable for high-net-worth investors due to its $50,000 minimum investment requirement. Its role in the financial market is to provide a stable income stream with a focus on capital preservation and risk mitigation, serving as an effective tool for managing tax liabilities and adding ballast to diversified portfolios, especially for those in higher tax brackets seeking state and federal tax-exempt returns from municipal securities issued within Pennsylvania.

Fund Family Vanguard

Category Muni Pennsylvania

Performance Rating High

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol VPALX

Share Class Admiral Shares

Index Bloomberg Muni Bond Pennsylvania TR USD

Performance

VPALX had a total return of 6.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
VPAIX	Investor Shares	0.14%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03392	Aug 3, 2026
Jun 30, 2026	$0.03386	Jul 1, 2026
May 29, 2026	$0.03369	Jun 1, 2026
Apr 30, 2026	$0.03425	May 1, 2026
Mar 31, 2026	$0.03366	Apr 1, 2026
Feb 27, 2026	$0.03381	Mar 2, 2026

Full Dividend History