Vanguard Tax-Managed Balanced Adm (VTMFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
49.43
+0.08 (0.16%)
Dec 4, 2025, 8:10 AM EST
6.42%
Fund Assets11.28B
Expense Ratio0.09%
Min. Investment$10,000
Turnover20.00%
Dividend (ttm)1.03
Dividend Yield2.08%
Dividend Growth12.09%
Payout FrequencyQuarterly
Ex-Dividend DateSep 29, 2025
Previous Close49.35
YTD Return11.15%
1-Year Return8.81%
5-Year Return44.74%
52-Week Low40.81
52-Week High49.52
Beta (5Y)0.62
Holdings4408
Inception DateSep 6, 1994

About VTMFX

The fund invests approximately 50% to 55% of its assets in municipal securities and the balance in common stocks. The fixed income portion of the fund is concentrated in high-quality municipal securities with a dollar-weighted average maturity expected to be between 6 and 12 years. At least 75% of the municipal bonds purchased by the fund will be rated in one of the top three credit-rating categories.

Fund Family Vanguard
Category Allocation--30% to 50% Equity
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VTMFX
Share Class Admiral Shares
Index Index is not available on Lipper Database

Performance

VTMFX had a total return of 8.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.33%.

Top 10 Holdings

18.36% of assets
NameSymbolWeight
NVIDIA CorporationNVDA3.78%
Apple Inc.AAPL3.17%
Microsoft CorporationMSFT3.07%
Amazon.com, Inc.AMZN1.79%
Alphabet Inc.GOOG1.22%
Alphabet, Inc.GOOGL1.20%
Meta Platforms, Inc.META1.20%
Broadcom Inc.AVGO1.20%
Tesla, Inc.TSLA0.95%
JPMorgan Chase & Co.JPM0.78%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 29, 2025$0.2645Sep 30, 2025
Jun 30, 2025$0.2561Jul 1, 2025
Mar 27, 2025$0.263Mar 28, 2025
Dec 30, 2024$0.2424Dec 31, 2024
Sep 26, 2024$0.242Sep 27, 2024
Jun 27, 2024$0.2339Jun 28, 2024
Full Dividend History